Shopify Operating Income 2013-2024 | SHOP

Shopify annual/quarterly operating income history and growth rate from 2013 to 2024. Operating income can be defined as income after operating expenses have been deducted and before interest payments and taxes have been deducted.
  • Shopify operating income for the quarter ending March 31, 2024 was $0.086B, a 144.56% decline year-over-year.
  • Shopify operating income for the twelve months ending March 31, 2024 was $-1.139B, a 24.21% increase year-over-year.
  • Shopify annual operating income for 2023 was $-1.418B, a 72.51% increase from 2022.
  • Shopify annual operating income for 2022 was $-0.822B, a 405.98% decline from 2021.
  • Shopify annual operating income for 2021 was $0.269B, a 197.99% increase from 2020.
Shopify Annual Operating Income
(Millions of US $)
2023 $-1,418
2022 $-822
2021 $269
2020 $90
2019 $-141
2018 $-92
2017 $-49
2016 $-37
2015 $-18
2014 $-22
2013 $-4
2012 $-2
Shopify Quarterly Operating Income
(Millions of US $)
2024-03-31 $86
2023-12-31 $289
2023-09-30 $122
2023-06-30 $-1,636
2023-03-31 $-193
2022-12-31 $-188
2022-09-30 $-346
2022-06-30 $-190
2022-03-31 $-98
2021-12-31 $14
2021-09-30 $-4
2021-06-30 $139
2021-03-31 $119
2020-12-31 $113
2020-09-30 $51
2020-06-30 $0
2020-03-31 $-73
2019-12-31 $-30
2019-09-30 $-36
2019-06-30 $-40
2019-03-31 $-36
2018-12-31 $-9
2018-09-30 $-31
2018-06-30 $-31
2018-03-31 $-20
2017-12-31 $-6
2017-09-30 $-13
2017-06-30 $-16
2017-03-31 $-14
2016-12-31 $-9
2016-09-30 $-9
2016-06-30 $-9
2016-03-31 $-10
2015-12-31 $-7
2015-09-30 $-4
2015-06-30 $-3
2015-03-31 $-3
2014-12-31 $-5
2014-09-30 $-4
2014-06-30 $-7
2014-03-31 $-6
2013-12-31
2012-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $82.798B $7.060B
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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