Shopify Income Statement (2014-2025) | SHOP

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Income Statement Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025 Dec2025
Revenue & cost
Revenue (Quarter) 1,861.00M2,045.00M2,162.00M2,812.00M2,360.00M2,680.00M2,844.00M3,672.00M
Cost of Revenue (Quarter) 361.00M353.00M1,044.00M1,460.00M1,191.00M415.00M410.00M4,771.00M
Gross Profit (Quarter) 957.00M1,045.00M1,118.00M1,352.00M1,169.00M1,302.00M1,391.00M1,693.00M
Operating items
Research & Development (Quarter) 335.00M349.00M332.00M351.00M377.00M394.00M375.00M390.00M
Selling, General & Administrative (Quarter) 124.00M60.00M114.00M112.00M109.00M122.00M115.00M125.00M
Other Operating Expenses (Quarter) 412.00M395.00M389.00M424.00M480.00M495.00M558.00M547.00M
Operating Expenses (Quarter) 871.00M804.00M835.00M887.00M966.00M1,011.00M1,048.00M1,062.00M
Operating Income (Quarter) 86.00M241.00M283.00M465.00M203.00M291.00M343.00M631.00M
EBIT (Quarter) 86.00M241.00M283.00M465.00M203.00M291.00M343.00M631.00M
Non-operating items
Non Operating Investment Income (Quarter) 3.00M1.00M32.00M
Interest & Investment Income (Quarter) 79.00M80.00M77.00M72.00M65.00M106.00M81.00M79.00M
Other Non Operating Income (Quarter) -4.00M2.00M16.00M-22.00M6.00M24.00M-4.00M
Non Operating Income (Quarter) -342.00M-38.00M577.00M956.00M-973.00M788.00M-35.00M261.00M
Net income details
EBT (Quarter) -256.00M203.00M860.00M1,421.00M-770.00M1,079.00M308.00M892.00M
Tax Provisions (Quarter) 17.00M32.00M32.00M128.00M-88.00M173.00M44.00M149.00M
Profit After Tax (Quarter) -273.00M171.00M828.00M1,293.00M-682.00M906.00M264.00M743.00M
Equity Income (Quarter) -44.00M-44.00M-28.00M-22.00M-23.00M-24.00M-21.00M28.00M
Income from Continuing Operations (Quarter) -273.00M171.00M828.00M1,293.00M-682.00M906.00M264.00M743.00M
Consolidated Net Income (Quarter) -273.00M171.00M828.00M1,293.00M-682.00M906.00M264.00M743.00M
Income towards Parent Company (Quarter) -273.00M171.00M828.00M1,293.00M-682.00M906.00M264.00M743.00M
Net Income towards Common Stockholders (Quarter) -273.00M171.00M828.00M1,293.00M-682.00M906.00M264.00M743.00M
Additional items
EPS (Basic) (Quarter) -0.210.130.641.01-0.530.700.200.57
EPS (Weighted Average and Diluted) (Quarter) -0.210.130.640.99-0.530.690.200.57
Shares Outstanding (Weighted Average) (Quarter) 38.94M61.72M83.99M95.77M105.67M113.03M119.57M1,246.59M1,266.27M1,281.55M1,287.38M1,288.90M1,290.59M1,289.81M1,295.38M1,297.75M1,297.76M1,298.96M
Shares Outstanding (Diluted Average) (Quarter) 113.03M123.46M1,273.65M1,266.27M1,295.51M1,287.38M1,288.14M1,300.42M1,301.51M1,295.38M1,308.99M1,312.87M1,304.95M
EBITDA (Quarter) -281.00M170.00M832.00M1,284.00M-678.00M917.00M258.00M745.00M
Tax Rate (Quarter) -6.64%15.76%3.72%9.01%11.43%16.03%14.29%16.70%