Shopify Inc.SHOP
What Shopify Inc. does.
Shopify provides essential internet infrastructure for commerce. Shopify's all-in-one platform makes it easier to start, run and grow a business, powering sales online, in store, and everywhere in between. Shopify's mission is to make commerce better for everyone with a platform and services that are engineered for speed, customization, reliability and security, while delivering a better shopping experience for consumers everywhere.
Shopify's business is designed to empower our merchants by offering a comprehensive, multi-channel commerce platform that supports their business as it grows. As owners and operators, merchants set their course, while Shopify offers them the tools to seamlessly manage, market and sell their products across various sales channels, including online storefronts, physical retail spaces, AI platforms, social media and more. Emphasizing merchant-first innovation, Shopify provides an integrated back-end system to streamline operations, from managing inventory and transaction management to building relationships with buyers. With a robust and continuously updated infrastructure, Shopify's goal is to provide merchants with cutting-edge technology to thrive in a competitive market.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $2.9B | $4.6B | $5.6B | $7.1B | $8.9B | $11.6B |
| Net income | $319.5M | $2.9B | -$3.5B | $132.0M | $2.0B | $1.2B |
| Free cash flow | $383.2M | $484.9M | -$186.0M | $905.0M | $1.6B | $2.0B |
More on SHOP.
- Shopify Inc. summary
- Shopify Inc. financial statements
- Shopify Inc. key metrics
- Shopify Inc. health scores and style box
- Shopify Inc. earnings
- Shopify Inc. dividends
- Shopify Inc. valuation
- Shopify Inc. ownership and insiders
- Shopify Inc. peers
Figures from Shopify Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.