stockrowShopify 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 equity
Shopify Inc.'s return on equity over the twelve months to 30 September 2026 was 16.8%, up 7.0 percentage points from fiscal 2025 (9.84%). Over the past ten years it has ranged from −35.7% (fiscal 2022) to 33.3% (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 equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 9.84% | (9.74) |
| FY2024 | 19.6% | 18.05 |
| FY2023 | 1.53% | 37.25 |
| FY2022 | −35.7% | (68.97) |
| FY2021 | 33.3% | 26.46 |
| FY2020 | 6.79% | 11.68 |
| FY2019 | −4.89% | (0.71) |
| FY2018 | −4.18% | 1.49 |
| FY2017 | −5.67% | 6.00 |
| FY2016 | −11.7% | 9.68 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| ADP Automatic Data Processing, Inc. compare | 78.9% |
| ADBE Adobe Inc. compare | 61.9% |
| INTU Intuit Inc. compare | 23.6% |
| CRM Salesforce, Inc. compare | 19.4% |
| SAP SAP SE compare | 18.0% |
| SHOP Shopify Inc. | 16.8% |
| UBER Uber Technologies, Inc. compare | 12.0% |
| NOW ServiceNow, Inc. compare | 11.9% |
| SNOW Snowflake Inc. compare | −48.2% |
| Software Application industry median | 0.00% |
| Technology sector median | 0.00% |
| Market median | 0.51% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (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 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