The gross profit of Shopify with headquarters in Canada amounted to 3.5 billion U.S. dollars in 2023. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2019 this is a total increase by approximately 2.6 billion U.S. dollars. The trend from 2019 to 2023 shows, furthermore, that this increase happened continuously.
The net income of Shopify with headquarters in Canada amounted to 132 million U.S. dollars in 2023. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2019 this is a total increase by approximately 256.84 million U.S. dollars. The trend from 2019 to 2023 shows, however, that this increase did not happen continuously.
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Shopify reported $2.4B in Operating Expenses for its fiscal quarter ending in December of 2024. Data for Shopify | SHOP - Operating Expenses including historical, tables and charts were last updated by Trading Economics this last March in 2025.
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Global Shopify Designer Services market size 2025 was XX Million. Shopify Designer Services Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
The operating profit of Shopify with headquarters in Canada amounted to -1,418 million U.S. dollars in 2023. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2019 this is a total decrease by approximately 1.3 billion U.S. dollars. The trend from 2019 to 2023 shows, however, that this decrease did not happen continuously.
The total assets of Shopify with headquarters in Canada amounted to 11.3 billion U.S. dollars in 2023. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2019 this is a total increase by approximately 7.81 billion U.S. dollars. The trend from 2019 to 2023 shows, however, that this increase did not happen continuously.
The liabilities of Shopify with headquarters in Canada amounted to 2.2 billion U.S. dollars in 2023. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2019 this is a total increase by approximately 1.8 billion U.S. dollars. The trend from 2019 to 2023 shows, however, that this increase did not happen continuously.
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Shopify reported $2.02B in Net Income for its fiscal quarter ending in December of 2024. Data for Shopify | SHOP - Net Income including historical, tables and charts were last updated by Trading Economics this last March in 2025.
Shopify generated around seven billion U.S. dollars in total revenues in the fiscal year ending December 31st, 2023. Shopify's total revenue grew rapidly over the measured period, increasing by more than five billion since 2015.
Shopify's evolution: From snowboard retailer to e-commerce powerhouse
Shopify was founded in 2006, with the original purpose of being an online store selling snowboarding equipment. However, the founders quickly realized that the platform itself had more potential than the snowboarding business. Thus, they shifted focus and launched Shopify as an easy-to-use e-commerce platform for small and medium-sized businesses (SMBs). The company grew rapidly by offering flexible solutions, catering to a wide range of customers, from individual sellers to large enterprises. The revenue of the company reached, in subscriptions solutions alone, over 1,800 billion U.S. dollars worldwide by 2023 and a whopping seven billion in Merchant solutions. The Canadian company experienced exceptional growth, with its market cap rising to over 100 billion U.S. dollars in the same year, however, a decrease if compared to a previous peak two years prior.
Shopify expands YouTube partnership
In 2024, Shopify has expanded its partnership with YouTube, allowing eligible Shopify Plus and Advanced sellers in the U.S. to join YouTube’s affiliate program. Through this program, sellers can have YouTube content creators promote their products. Sellers can manage the program, content, and analytics using the Google Merchant Center. Creators can promote products from brands like GoPure Beauty, BK Beauty, and HexClad. Additionally, YouTube is introducing a Chrome extension for creators in the affiliate program, enabling them to tag products in their videos and track potential earnings from promotions.
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Shopify reported $72M in Interest Income for its fiscal quarter ending in December of 2024. Data for Shopify | SHOP - Interest Income including historical, tables and charts were last updated by Trading Economics this last March in 2025.
The net cash of Shopify with headquarters in Canada amounted to 944 million U.S. dollars in 2023. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2019 this is a total increase by approximately 873.39 million U.S. dollars. The trend from 2019 to 2023 shows, however, that this increase did not happen continuously.
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The Shopify market has witnessed significant transformation and growth in recent years, establishing itself as a leader in the e-commerce platform industry. As more businesses pivot to online sales, Shopify offers a robust solution tailored for entrepreneurs and established brands alike, allowing them to create cust
The employees of Shopify with headquarters in Canada amounted to 8.3 thousand in 2023. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2019 this is a total increase by approximately 3.3 thousand. The trend from 2019 to 2023 shows, however, that this increase did not happen continuously.
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Shopify reported CAD208.1B in Market Capitalization this February of 2025, considering the latest stock price and the number of outstanding shares.Data for Shopify | SHOP - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last February in 2025.
Shopify made approximately 828 million U.S. dollars in net gain during the third quarter of 2024. The company generated a positive net income until the third quarter of 2021 then the negative trend started. According to information disclosed by the company, the net loss registered at the beginning of 2022 was due to significant equity investments.
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Shopify reported $583M in EBIT for its fiscal quarter ending in December of 2024. Data for Shopify | SHOP - Ebit including historical, tables and charts were last updated by Trading Economics this last March in 2025.
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Shopify reported $0 in Loan Capital for its fiscal quarter ending in December of 2024. Data for Shopify | SHOP - Loan Capital including historical, tables and charts were last updated by Trading Economics this last March in 2025.
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Amazon made $35.22 billion from memberships and subscriptions in 2022.
In the third quarter 2024, Shopify's Gross Merchandise Volume (GMV) reached 69.7 billion U.S. dollars, increasing by 24 percent from the same quarter of 2023.According to information disclosed by the company, GMV indicates the value of orders placed through Shopify, including apps and channels for which a revenue-sharing arrangement is active. Orders net of refunds and inclusive of shipping and handling, duty, and value-added taxes.
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Shopify reported $473M in EBITDA for its fiscal quarter ending in December of 2024. Data for Shopify | SHOP - Ebitda including historical, tables and charts were last updated by Trading Economics this last March in 2025.
The gross profit of Shopify with headquarters in Canada amounted to 3.5 billion U.S. dollars in 2023. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2019 this is a total increase by approximately 2.6 billion U.S. dollars. The trend from 2019 to 2023 shows, furthermore, that this increase happened continuously.