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Friday 6 November 2026
Export SHOP’s income statement to Excel — free account
Shopify Inc.
SHOP Technology Software Application
Shopify Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.6 billion, up 30.1% from fiscal 2024.
- Revenue
- +31.6%
- EPS
- +79.5%
- Free cash flow
- +61.0%
- Total debt
- −81.7%
Quarter to September 2026, against a year earlier
147.32
3.57
+2.48%
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Shopify Inc. (SHOP) Net income
Shopify Inc.'s net income for fiscal 2025 was $1.2B, down 39.0% from $2.0B in fiscal 2024. Over the twelve months to 30 September 2026 it was $2.1B. Over the past ten years it has ranged from −$3.5B (fiscal 2022) to $2.9B (fiscal 2021); the current reading is higher than 82% of that period. Shopify Inc. ranks 10th of 226 Software Application companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $1.2B | (39.03%) |
| FY2024 | $2.0B | 1,429.55% |
| FY2023 | $132.0M | — |
| FY2022 | −$3.5B | — |
| FY2021 | $2.9B | 812.23% |
| FY2020 | $319.5M | — |
| FY2019 | −$124.8M | — |
| FY2018 | −$64.6M | — |
| FY2017 | −$40.0M | — |
| FY2016 | −$35.4M | — |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Sep 2026 | $462.0M | (69.24%) |
| Jun 2026 | $1.5B | — |
| Mar 2026 | −$581.0M | — |
| Dec 2025 | $743.0M | 181.44% |
| 43 more quarters | Free account |
Against its own ten years
Low −$3.5B
High $2.9B
Ten-year median
−$18.8M
Current reading's percentile
82
Net income against peers
| Company | Net income |
|---|---|
| CRM Salesforce, Inc. compare | $9.7B |
| SAP SAP SE compare | $9.1B |
| ADBE Adobe Inc. compare | $7.3B |
| INTU Intuit Inc. compare | $4.6B |
| ADP Automatic Data Processing, Inc. compare | $4.5B |
| UBER Uber Technologies, Inc. compare | $3.6B |
| SHOP Shopify Inc. | $2.1B |
| NOW ServiceNow, Inc. compare | $1.4B |
| SNOW Snowflake Inc. compare | −$1.1B |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
More on SHOP
- Revenue
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement