Shopify Net Profit Margin 2013-2023 | SHOP
Current and historical net profit margin for Shopify (SHOP) from 2013 to 2023. Net profit margin can be defined as net Income as a portion of total sales revenue. Shopify net profit margin for the three months ending March 31, 2023 was .
| Shopify Net Profit Margin Historical Data |
| Date |
TTM Revenue |
TTM Net Income |
Net Margin |
| 2023-03-31 |
$5.90B |
$-1.92B |
-32.49% |
| 2022-12-31 |
$5.60B |
$-3.46B |
-61.79% |
| 2022-09-30 |
$5.25B |
$-3.21B |
-61.14% |
| 2022-06-30 |
$5.00B |
$-1.90B |
-38.00% |
| 2022-03-31 |
$4.83B |
$0.18B |
3.77% |
| 2021-12-31 |
$4.61B |
$2.91B |
63.18% |
| 2021-09-30 |
$4.21B |
$3.41B |
80.97% |
| 2021-06-30 |
$3.85B |
$2.45B |
63.64% |
| 2021-03-31 |
$3.45B |
$1.61B |
46.66% |
| 2020-12-31 |
$2.93B |
$0.32B |
10.93% |
| 2020-09-30 |
$2.46B |
$0.20B |
8.02% |
| 2020-06-30 |
$2.08B |
$-0.07B |
-3.22% |
| 2020-03-31 |
$1.73B |
$-0.13B |
-7.64% |
| 2019-12-31 |
$1.58B |
$-0.13B |
-7.92% |
| 2019-09-30 |
$1.42B |
$-0.13B |
-9.03% |
| 2019-06-30 |
$1.30B |
$-0.08B |
-6.02% |
| 2019-03-31 |
$1.18B |
$-0.07B |
-6.19% |
| 2018-12-31 |
$1.07B |
$-0.07B |
-6.06% |
| 2018-09-30 |
$0.95B |
$-0.07B |
-6.93% |
| 2018-06-30 |
$0.85B |
$-0.05B |
-6.10% |
| 2018-03-31 |
$0.76B |
$-0.04B |
-5.53% |
| 2017-12-31 |
$0.67B |
$-0.04B |
-5.94% |
| 2017-09-30 |
$0.58B |
$-0.05B |
-7.93% |
| 2017-06-30 |
$0.51B |
$-0.05B |
-9.04% |
| 2017-03-31 |
$0.44B |
$-0.04B |
-9.01% |
| 2016-12-31 |
$0.39B |
$-0.04B |
-8.97% |
| 2016-09-30 |
$0.33B |
$-0.03B |
-9.70% |
| 2016-06-30 |
$0.28B |
$-0.03B |
-9.89% |
| 2016-03-31 |
$0.24B |
$-0.02B |
-9.54% |
| 2015-12-31 |
$0.21B |
$-0.02B |
-9.27% |
| 2015-09-30 |
$0.17B |
$-0.02B |
-10.59% |
| 2015-06-30 |
$0.14B |
$-0.02B |
-11.81% |
| 2015-03-31 |
$0.12B |
$-0.02B |
-17.07% |
| 2014-12-31 |
$0.11B |
$-0.02B |
-20.95% |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Internet Services |
$81.269B |
$5.600B |
|
Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company's software to run business across various sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Shopify's platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects. This improves their ability to target prospective customers more easily, which drives sales growth.
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