Shopify EBITDA 2013-2025 | SHOP

Shopify annual and quarterly EBITDA history from 2013 to 2025. EBITDA can be defined as earnings before interest, taxes, depreciation and amortization.
  • Shopify EBITDA for the quarter ending December 31, 2025 was $638M, a 34.88% increase year-over-year.
  • Shopify EBITDA for the twelve months ending December 31, 2025 was $1.499B, a 34.92% increase year-over-year.
  • Shopify 2025 annual EBITDA was $1.499B, a 34.92% increase from 2024.
  • Shopify 2024 annual EBITDA was $1.111B, a 182.42% decline from 2023.
  • Shopify 2023 annual EBITDA was $-1.348B, a 84.91% increase from 2022.
Shopify Annual EBITDA
(Millions of US $)
2025 $1,499
2024 $1,111
2023 $-1,348
2022 $-729
2021 $335
2020 $160
2019 $-105
2018 $-65
2017 $-26
2016 $-23
2015 $-11
2014 $-17
2013 $-3
2012 $-1
Shopify Quarterly EBITDA
(Millions of US $)
2025-12-31 $638
2025-09-30 $351
2025-06-30 $299
2025-03-31 $211
2024-12-31 $473
2024-09-30 $291
2024-06-30 $251
2024-03-31 $96
2023-12-31 $299
2023-09-30 $135
2023-06-30 $-1,619
2023-03-31 $-163
2022-12-31 $-158
2022-09-30 $-317
2022-06-30 $-173
2022-03-31 $-81
2021-12-31 $37
2021-09-30 $10
2021-06-30 $154
2021-03-31 $135
2020-12-31 $130
2020-09-30 $68
2020-06-30 $20
2020-03-31 $-59
2019-12-31 $-17
2019-09-30 $-27
2019-06-30 $-32
2019-03-31 $-29
2018-12-31 $-4
2018-09-30 $-25
2018-06-30 $-23
2018-03-31 $-13
2017-12-31 $2
2017-09-30 $-7
2017-06-30 $-11
2017-03-31 $-10
2016-12-31 $-5
2016-09-30 $-6
2016-06-30 $-6
2016-03-31 $-7
2015-12-31 $-4
2015-09-30 $-2
2015-06-30 $-2
2015-03-31 $-2
2014-12-31 $-3
2014-09-30 $-3
2014-06-30 $-6
2014-03-31 $-5
2013-12-31
2012-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $146.718B $11.556B
Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company's software to run business across various sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Shopify's platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects. This improves their ability to target prospective customers more easily, which drives sales growth.
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