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
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Shopify Inc. (SHOP) Return on assets
Shopify Inc.'s return on assets over the twelve months to 30 September 2026 was 14.3%, up 5.9 percentage points from fiscal 2025 (8.46%). Over the past ten years it has ranged from −28.7% (fiscal 2022) to 27.6% (fiscal 2021); the current reading is higher than 82% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.
Return on assets, annual
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Annual newest first
| Period | Return on assets | Change (points) |
|---|---|---|
| FY2025 | 8.46% | (7.55) |
| FY2024 | 16.0% | 14.81 |
| FY2023 | 1.20% | 29.92 |
| FY2022 | −28.7% | (56.34) |
| FY2021 | 27.6% | 21.94 |
| FY2020 | 5.68% | 10.03 |
| FY2019 | −4.35% | (0.52) |
| FY2018 | −3.83% | 1.16 |
| FY2017 | −4.99% | 4.64 |
| FY2016 | −9.63% | 1.46 |
Against its own ten years
Return on assets against peers
| Company | Return on assets |
|---|---|
| ADBE Adobe Inc. compare | 24.8% |
| SHOP Shopify Inc. | 14.3% |
| INTU Intuit Inc. compare | 12.4% |
| SAP SAP SE compare | 11.1% |
| CRM Salesforce, Inc. compare | 9.33% |
| ADP Automatic Data Processing, Inc. compare | 7.69% |
| NOW ServiceNow, Inc. compare | 5.39% |
| UBER Uber Technologies, Inc. compare | 5.16% |
| SNOW Snowflake Inc. compare | −12.9% |
| Software Application industry median | 0.00% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on assets is
ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.
Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)
More on SHOP
- Revenue
- Net income
- 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 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