Companies: 10,795·Total market cap: $144.5T
Shopify Inc.

Shopify Inc.

SHOPNASDAQTechnology● Active
$112.22
+$2.68(+2.45%)
Market Cap$145.6B
P/E Ratio
52W High$182.19
52W Low$94

Shopify Inc. (SHOP) Revenue

Annual & quarterly revenue history · segment & region breakdown

SHOP · revenue · updated Jun 8, 2026

Core revenue metrics

Shopify Inc. trailing twelve-month (TTM) revenue is $12.37B, an increase of 30.14% year-over-year from $11.56B in FY2025.

TTM revenue
$12.37B
4-quarter sum · USD
YoY growth
+30.14%
vs FY2025 $11.56B
Price / sales
11.78×
mktCap ÷ TTM rev
Revenue per day
$34M
Est. TTM ÷ 365
Revenue / employee
$1527K
8100 employees
FY2025
$11.56B
FY2024
$8.88B
5Y CAGR
+20.2%
Fiscal year end
Dec 31
Currency
USD · GAAP
Filing
10-K / 10-Q
Source: FMP · Shopify Inc. SEC filings · GAAPUpdated: 2026-06-08

Revenue trend

20252012 · Annual
YoY revenue growth %
revenue trend · revenue chart · revenue by year · revenue history

Revenue history

Fiscal year endRevenueChangeGrowth
2025-12-31$11.56B+$2.68B+30.14%
2024-12-31$8.88B+$1.82B+25.78%
2023-12-31$7.06B+$1.46B+26.07%
2022-12-31$5.60B+$0.99B+21.43%
2021-12-31$4.61B+$1.68B+57.43%
2020-12-31$2.93B+$1.35B+85.63%
2019-12-31$1.58B+$0.50B+47.05%
2018-12-31$1.07B+$0.40B+59.40%
2017-12-31$0.67B+$0.28B+72.94%
2016-12-31$0.39B+$0.18B+89.70%
SHOP revenue by year · SHOP revenue history · SHOP annual revenue data

Compare revenue vs peers

Software - Application

Compare SHOP revenue against listed peers. Click any row to open that company's revenue tab.

Revenue breakdown

Segment & Geography
By business segment
Total$11.6B
$8.80B76.2%
$2.75B23.8%
By geography
No segment data available for this period.
Data from Shopify Inc. annual 10-K filing · FY ending 2025-12-31
SHOP revenue breakdown · SHOP revenue by segment · SHOP revenue by region

About Revenue & Reporting

Revenue (also called sales, net sales, or turnover) is the total income Shopify Inc. receives from its business operations before deducting any costs or expenses. It is the top line of the income statement. Unlike net income or earnings, revenue does not account for operating costs, taxes, interest, or depreciation.

Shopify Inc. reports revenue on a fiscal year ending Dec 31 basis under US GAAP, denominated in USD.

Data sourced from Shopify Inc.'s 10-K and 10-Q SEC filings via Financial Modeling Prep.

Figures tie to SEC 10-K/10-Q and FMP income-statement endpoints where noted.

Frequently asked questions

SHOP revenue · 4 questions

SHOP's trailing twelve-month (TTM) revenue is $12.37B. That is an increase of 30.14% year-over-year from $11.56B in FY2025.

SHOP revenueSHOP annual revenuewhat is SHOP revenueSHOP TTM revenue

Source: FMP · Shopify Inc. SEC filings · GAAP · Shopify Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026