Shopify Inc. Income Statement

Income Statement Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & cost
Revenue 50.25M105.02M205.23M291.88M529.99M813.10M1,195.46M2,247.08M3,658.75M-10.38M-60.00M8,880.00M
Cost of Revenue 23.35M45.93M91.98M96.87M177.65M265.22M358.18M461.80M715.24M2,846.00M3,545.00M4,408.00M
Gross Profit 36.74M61.80M113.25M157.06M299.31M451.74M655.72M1,182.43M1,968.38M2,118.37M3,515.00M4,472.00M
Operating items
Research & Development 13.68M25.91M39.72M55.73M107.05M174.76M268.92M423.51M677.81M1,156.24M1,730.00M1,367.00M
Selling, General & Administrative 3.98M11.57M20.91M32.32M53.30M81.40M116.48M188.19M297.38M544.39M491.00M410.00M
Other Operating Expenses -0.07M-0.10M70.37M96.87M177.65M265.22M377.24M474.23M752.09M1,050.23M2,712.00M1,620.00M
Operating Expenses 41.01M83.41M131.01M184.92M338.01M521.38M762.64M1,113.28M1,755.26M2,750.86M4,933.00M3,397.00M
Operating Income -4.27M-21.61M-17.76M-27.86M-38.69M-69.64M-106.92M69.15M213.12M-632.48M-1418.00M1,075.00M
EBIT -4.27M-21.61M-17.76M-27.86M-38.69M-69.64M-106.92M69.15M213.12M-632.48M-1418.00M1,075.00M
Non-operating items
Non Operating Investment Income -1.36M4.13M-11.86M-3.62M-103.70M-2268.78M124.00M-5.00M3.00M
Interest & Investment Income 0.04M0.06M0.20M1.15M6.18M22.30M36.50M17.98M12.18M75.00M241.00M308.00M
Other Non Operating Income -0.54M-0.65M-1.23M0.21M1.03M-1.57M-2.16M0.51M0.23M-2.00M1.00M-8.00M
Non Operating Income -0.57M-0.70M-1.03M1.81M9.16M27.37M34.34M115.22M2,278.42M-2801.00M1,603.00M1,153.00M
Net income details
EBT -4.23M-21.56M-17.56M-26.71M-32.51M-48.91M-72.58M184.37M2,491.55M-2786.57M185.00M2,228.00M
Tax Provisions -21.99M60.71M-179.24M-163.00M53.00M209.00M
Profit After Tax -4.84M-22.31M-6.31M-26.51M-31.48M-48.91M-94.57M245.08M2,312.30M-2661.64M132.00M2,019.00M
Equity Income -58.00M-138.00M
Investment Income 2,265.54M-2069.17M
Income from Continuing Operations -4.23M-21.56M-17.56M-26.71M-32.51M-48.91M-50.59M123.66M2,670.79M-2623.57M132.00M2,019.00M
Consolidated Net Income -4.23M-21.56M-17.56M-26.71M-32.51M-48.91M-50.59M123.66M2,670.79M-2623.57M132.00M2,019.00M
Income towards Parent Company -4.23M-21.56M-17.56M-26.71M-32.51M-48.91M-50.59M123.66M2,670.79M-2623.57M132.00M2,019.00M
Net Income towards Common Stockholders -4.23M-21.56M-17.56M-26.71M-32.51M-48.91M-50.59M123.66M2,670.79M-2623.57M132.00M2,019.00M
Additional items
EPS (Basic) -0.13-0.57-0.30-0.42-0.42-0.61-1.102.672.34-2.730.101.57
EPS (Weighted Average and Diluted) -0.55-0.23-0.42-0.43-0.61-1.102.592.29-2.730.101.55
Shares Outstanding (Weighted Average) 744.37M803.41M889.36M992.72M1,069.69M1,153.43M1,219.12M1,255.75M1,275.13M1,284.26M1,291.73M
Shares Outstanding (Diluted Average) 39.21M78.00M62.97M75.39M80.06M85.62M94.70M1,010.43M1,301.51M
EBITDA -3.38M-22.31M-18.79M-27.87M-27.35M-60.76M-84.52M251.01M2,300.61M-2669.71M152.00M2,005.00M
Interest Expenses -6.97M-2.77M-2.69M
Tax Rate 30.29%32.93%5.85%28.65%9.38%