Shopify (SHOP) Revenue & Revenue Breakdown
Shopify Revenue Highlights
Latest Revenue (Y)
$4.47B
Latest Revenue (Q)
$1.86B
Main Segment (Y)
Merchant Solutions
Main Geography (Y)
United States
Shopify Revenue by Period
Shopify Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2024-12-31 | $4.47B | -36.66% |
| 2023-12-31 | $7.06B | 26.07% |
| 2022-12-31 | $5.60B | 21.42% |
| 2021-12-31 | $4.61B | 57.43% |
| 2020-12-31 | $2.93B | 85.63% |
| 2019-12-31 | $1.58B | 47.05% |
| 2018-12-31 | $1.07B | 59.40% |
| 2017-12-31 | $673.30M | 72.94% |
| 2016-12-31 | $389.33M | 89.70% |
| 2015-12-31 | $205.23M | 95.43% |
| 2014-12-31 | $105.02M | 108.98% |
| 2013-12-31 | $50.25M | 111.92% |
| 2012-12-31 | $23.71M | - |
Shopify generated $4.47B in revenue during NA 2024, up -36.66% compared to the previous quarter, and up 283.37% compared to the same period a year ago.
Shopify Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $1.86B | -13.20% |
| 2023-12-31 | $2.14B | 25.09% |
| 2023-09-30 | $1.71B | 1.18% |
| 2023-06-30 | $1.69B | 12.33% |
| 2023-03-31 | $1.51B | -13.08% |
| 2022-12-31 | $1.73B | 26.99% |
| 2022-09-30 | $1.37B | 5.49% |
| 2022-06-30 | $1.30B | 7.60% |
| 2022-03-31 | $1.20B | -12.78% |
| 2021-12-31 | $1.38B | 22.81% |
| 2021-09-30 | $1.12B | 0.38% |
| 2021-06-30 | $1.12B | 13.23% |
| 2021-03-31 | $988.65M | 1.12% |
| 2020-12-31 | $977.74M | 27.41% |
| 2020-09-30 | $767.40M | 7.43% |
| 2020-06-30 | $714.34M | 51.99% |
| 2020-03-31 | $470.00M | -6.96% |
| 2019-12-31 | $505.16M | 29.35% |
| 2019-09-30 | $390.55M | 7.89% |
| 2019-06-30 | $361.98M | 12.95% |
| 2019-03-31 | $320.48M | -6.80% |
| 2018-12-31 | $343.86M | 27.33% |
| 2018-09-30 | $270.06M | 10.25% |
| 2018-06-30 | $244.96M | 14.29% |
| 2018-03-31 | $214.34M | -3.80% |
| 2017-12-31 | $222.81M | 29.95% |
| 2017-09-30 | $171.46M | 13.06% |
| 2017-06-30 | $151.66M | 19.06% |
| 2017-03-31 | $127.38M | -2.30% |
| 2016-12-31 | $130.38M | 30.94% |
| 2016-09-30 | $99.58M | 14.92% |
| 2016-06-30 | $86.65M | 19.15% |
| 2016-03-31 | $72.72M | 3.63% |
| 2015-12-31 | $70.17M | 32.94% |
| 2015-09-30 | $52.79M | 17.50% |
| 2015-06-30 | $44.93M | 20.29% |
| 2015-03-31 | $37.35M | 6.16% |
| 2014-12-31 | $35.18M | 28.66% |
| 2014-09-30 | $27.35M | 15.48% |
| 2014-06-30 | $23.68M | 25.89% |
| 2014-03-31 | $18.81M | - |
Shopify generated $1.86B in revenue during Q1 2024, up -13.20% compared to the previous quarter, and up 107.26% compared to the same period a year ago.
Shopify Revenue Breakdown
Shopify Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 24 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Subscription Solutions | $2.24B | - | - | - | - |
| Merchant Solutions | $6.22B | - | - | - | - |
| Service | - | $4.11B | $3.27B | $2.02B | $935.93M |
| Subscription and Circulation | - | $1.49B | $1.34B | $908.76M | $642.24M |
Latest
Shopify's latest annual revenue breakdown by segment (product or service), as of Dec 24: Merchant Solutions (73.54%), and Subscription Solutions (26.46%).
Shopify Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 24 |
|---|---|
| EMEA | $1.63B |
| Latin America | $92.34M |
| Canada | $459.81M |
| APAC | $842.51M |
| United States | $5.43B |
Latest
Shopify's latest annual revenue breakdown by geography, as of Dec 24: United States (64.28%), EMEA (19.22%), APAC (9.97%), Canada (5.44%), and Latin America (1.09%).
Shopify Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CRM | Salesforce | $37.90B | $9.44B |
| INTU | Intuit | $16.29B | $3.96B |
| NOW | ServiceNow | $10.98B | $2.80B |
| WDAY | Workday | $8.45B | $2.17B |
| ZM | Zoom Video Communications | $4.67B | $1.18B |
| SHOP | Shopify | $4.47B | $1.86B |
| SNOW | Snowflake | $3.63B | $942.09M |
| DDOG | Datadog | $2.68B | $690.02M |
| U | Unity Software | $1.81B | $446.52M |
| AI | C3.ai | $310.58M | $98.78M |