Stocktoria
SHOPIFY INC. SHOP
SHOPIFY INC. financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.6B | $8.9B | $7.1B | $5.6B | $4.6B | $2.9B | $1.6B | $1.1B | $673.3M | — |
| Gross profit | $5.6B | $4.5B | $3.5B | $2.8B | $2.5B | $1.5B | $865.6M | $596.3M | $380.3M | $209.5M |
| R&D expense | $1.5B | $1.4B | $1.7B | $1.5B | $854.4M | $552.1M | $355.0M | $230.7M | $136.0M | $74.3M |
| Operating income | $1.5B | $1.1B | -$1.4B | -$822.0M | $268.6M | $90.2M | -$141.1M | -$91.9M | -$49.2M | -$37.2M |
| Interest expense | — | — | — | $3.5M | $3.5M | $9.1M | $0 | — | — | — |
| Income tax | $278.0M | $209.0M | $53.0M | -$163.0M | $225.9M | -$79.1M | $29.0M | $0 | $0 | $0 |
| Net income | $1.2B | $2.0B | $132.0M | -$3.5B | $2.9B | $319.5M | -$124.8M | -$64.6M | -$40.0M | -$35.4M |
| EPS (diluted) | $0.94 | $1.55 | $0.10 | $-2.73 | $2.29 | $0.26 | $-0.11 | — | — | — |
| Operating cash flow | $2.0B | $1.6B | $944.0M | -$136.0M | $535.7M | $425.0M | $70.6M | $9.3M | $7.9M | $14.0M |
| Free cash flow | $2.0B | $1.6B | $905.0M | -$186.0M | $484.9M | $383.2M | $13.9M | -$18.6M | -$12.1M | -$9.8M |
| Cash & equivalents | $1.5B | $1.5B | $1.4B | $1.6B | $2.5B | $2.7B | $649.9M | $410.7M | $141.7M | $84.0M |
| Inventory | $21.0M | $26.0M | $19.0M | — | — | — | — | — | $1.6M | $522,000 |
| Total assets | $15.2B | $13.9B | $11.3B | $10.8B | $13.3B | $7.8B | $3.5B | $2.3B | $1.1B | $490.6M |
| Shareholders' equity | $13.5B | $11.6B | $9.1B | $8.2B | $11.1B | $6.4B | $3.0B | $2.1B | $1.0B | $410.5M |
Growth · year-over-year · Revenue CAGR 42.7%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +30.1% | +25.8% | +26.1% | +21.4% | +57.4% | +85.6% | +47.0% | +59.4% | — | — |
| Net income growth | -39.0% | +1429.5% | — | -218.7% | +812.2% | — | — | — | — | — |
| EPS growth | -39.4% | +1450.0% | — | -219.2% | +784.2% | — | — | — | — | — |
| Free cash flow growth | +25.7% | +76.5% | — | -138.4% | +26.5% | +2665.8% | — | — | — | — |
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.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.