Shopify Revenue 2013-2024 | SHOP

Shopify annual/quarterly revenue history and growth rate from 2013 to 2024. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.
  • Shopify revenue for the quarter ending March 31, 2024 was $1.861B, a 23.41% increase year-over-year.
  • Shopify revenue for the twelve months ending March 31, 2024 was $7.413B, a 25.56% increase year-over-year.
  • Shopify annual revenue for 2023 was $7.06B, a 26.07% increase from 2022.
  • Shopify annual revenue for 2022 was $5.6B, a 21.43% increase from 2021.
  • Shopify annual revenue for 2021 was $4.612B, a 57.43% increase from 2020.
Shopify Annual Revenue
(Millions of US $)
2023 $7,060
2022 $5,600
2021 $4,612
2020 $2,929
2019 $1,578
2018 $1,073
2017 $673
2016 $389
2015 $205
2014 $105
2013 $50
2012 $24
Shopify Quarterly Revenue
(Millions of US $)
2024-03-31 $1,861
2023-12-31 $2,144
2023-09-30 $1,714
2023-06-30 $1,694
2023-03-31 $1,508
2022-12-31 $1,735
2022-09-30 $1,366
2022-06-30 $1,295
2022-03-31 $1,204
2021-12-31 $1,380
2021-09-30 $1,124
2021-06-30 $1,119
2021-03-31 $989
2020-12-31 $978
2020-09-30 $767
2020-06-30 $714
2020-03-31 $470
2019-12-31 $505
2019-09-30 $391
2019-06-30 $362
2019-03-31 $320
2018-12-31 $344
2018-09-30 $270
2018-06-30 $245
2018-03-31 $214
2017-12-31 $223
2017-09-30 $171
2017-06-30 $152
2017-03-31 $127
2016-12-31 $130
2016-09-30 $100
2016-06-30 $87
2016-03-31 $73
2015-12-31 $70
2015-09-30 $53
2015-06-30 $45
2015-03-31 $37
2014-12-31 $35
2014-09-30 $27
2014-06-30 $24
2014-03-31 $19
2013-12-31
2012-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $83.623B $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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