Shopify (SHOP) Revenue (2013 - 2025)

Shopify's (SHOP) annual Revenue came in at $11.6 billion in FY2025, up 30.14% year-over-year from $8.9 billion in FY2024.

Shopify (SHOP) Revenue (2013 - 2025) Analysis & Trends

Shopify's Revenue history runs 13 years deep, the most recent figure standing at $11.6 billion for FY2025.

  • On a quarterly basis, Revenue rose 34.32% year-over-year to $3.2 billion in Q1 2026; TTM through Mar 2026 was $12.4 billion, a 31.85% increase from a year earlier, with the FY2025 full-year figure at $11.6 billion, up 30.14% from the prior year.
  • Revenue rose to $11.6 billion in FY2025 per SHOP's latest filing, from $8.9 billion in the prior year.
  • Across five years, Revenue topped out at $11.6 billion in FY2025 and bottomed at $4.6 billion in FY2021.
  • The 5-year median for Revenue is $7.1 billion (2023), against an average of $7.5 billion.
  • Across the five-year window, Revenue surged 57.43% in 2021 and grew 21.43% in 2022, its largest moves.
  • Year by year, Revenue stood at $4.6 billion in 2021, then rose by 21.43% to $5.6 billion in 2022, then advanced by 26.07% to $7.1 billion in 2023, then gained by 25.78% to $8.9 billion in 2024, then jumped by 30.14% to $11.6 billion in 2025.
  • Per Business Quant, the three latest SHOP Revenue figures stand at $11.6 billion (FY2025), $8.9 billion (FY2024), and $7.1 billion (FY2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Yr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn -
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn -
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn -
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn -
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 11.56 Bn
Dec 31, 2024 8.88 Bn
Dec 31, 2023 7.06 Bn
Dec 31, 2022 5.60 Bn
Dec 31, 2021 4.61 Bn
Dec 31, 2020 2.93 Bn
Dec 31, 2019 1.58 Bn
Dec 31, 2018 1.07 Bn
Dec 31, 2017 673.30 Mn
Dec 31, 2016 389.33 Mn
Dec 31, 2015 93.25 Mn
Dec 31, 2014 38.35 Mn
Dec 31, 2013 11.91 Mn