Shopify Inc. SHOP.TO
CA · Toronto Stock Exchange · XTSE · stock · Technology · website
Shopify Inc. financials (annual, from 10-K)
Bars are annual figures from 2022 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $11.6B | $8.9B | $7.1B | $5.6B |
| Gross profit | $5.6B | $4.5B | $3.5B | $2.8B |
| R&D expense | $1.5B | $1.4B | $1.7B | $1.5B |
| SG&A expense | $2.1B | $1.8B | $1.7B | $1.9B |
| Operating income | $1.9B | $1.3B | $74.0M | -$687.0M |
| Interest expense | — | — | — | $1.1M |
| Income tax | $278.0M | $209.0M | $53.0M | -$163.0M |
| Net income | $1.2B | $2.0B | $132.0M | -$3.5B |
| EPS (diluted) | $0.94 | $1.56 | $0.10 | $-2.73 |
| Operating cash flow | $2.0B | $1.6B | $944.0M | -$136.0M |
| Free cash flow | $2.0B | $1.6B | $905.0M | -$186.0M |
| Cash & equivalents | $1.5B | $1.5B | $1.4B | $1.6B |
| Inventory | $21.0M | $26.0M | $19.0M | — |
| Total assets | $15.2B | $13.9B | $11.3B | $10.8B |
| Total liabilities | $1.7B | $2.4B | $2.2B | $2.5B |
| Shareholders' equity | $13.5B | $11.6B | $9.1B | $8.2B |
Growth · year-over-year · Revenue CAGR 27.3%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue growth | +30.1% | +25.8% | +26.1% | — |
| Net income growth | -39.0% | +1429.5% | — | — |
| EPS growth | -39.5% | +1459.6% | — | — |
| Free cash flow growth | +25.7% | +76.5% | — | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Source: company filings via Yahoo Finance · CA · as of 2025-12-31. Figures in CAD; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.