Shopify Operating Income 2013-2025 | SHOP

Shopify annual/quarterly operating income history and growth rate from 2013 to 2025. Operating income can be defined as income after operating expenses have been deducted and before interest payments and taxes have been deducted.
  • Shopify operating income for the quarter ending June 30, 2025 was $291M, a 20.75% increase year-over-year.
  • Shopify operating income for the twelve months ending June 30, 2025 was $1.242B, a 68.29% increase year-over-year.
  • Shopify annual operating income for 2024 was $1.075B, a 175.81% decline from 2023.
  • Shopify annual operating income for 2023 was $-1.418B, a 72.51% increase from 2022.
  • Shopify annual operating income for 2022 was $-0.822B, a 405.98% decline from 2021.
Shopify Annual Operating Income
(Millions of US $)
2024 $1,075
2023 $-1,418
2022 $-822
2021 $269
2020 $90
2019 $-141
2018 $-92
2017 $-49
2016 $-37
2015 $-18
2014 $-22
2013 $-4
2012 $-2
Shopify Quarterly Operating Income
(Millions of US $)
2025-06-30 $291
2025-03-31 $203
2024-12-31 $465
2024-09-30 $283
2024-06-30 $241
2024-03-31 $86
2023-12-31 $289
2023-09-30 $122
2023-06-30 $-1,636
2023-03-31 $-193
2022-12-31 $-188
2022-09-30 $-346
2022-06-30 $-190
2022-03-31 $-98
2021-12-31 $14
2021-09-30 $-4
2021-06-30 $139
2021-03-31 $119
2020-12-31 $113
2020-09-30 $51
2020-06-30 $0
2020-03-31 $-73
2019-12-31 $-30
2019-09-30 $-36
2019-06-30 $-40
2019-03-31 $-36
2018-12-31 $-9
2018-09-30 $-31
2018-06-30 $-31
2018-03-31 $-20
2017-12-31 $-6
2017-09-30 $-13
2017-06-30 $-16
2017-03-31 $-14
2016-12-31 $-9
2016-09-30 $-9
2016-06-30 $-9
2016-03-31 $-10
2015-12-31 $-7
2015-09-30 $-4
2015-06-30 $-3
2015-03-31 $-3
2014-12-31 $-5
2014-09-30 $-4
2014-06-30 $-7
2014-03-31 $-6
2013-12-31
2012-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $203.514B $8.880B
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.
Stock Name Country Market Cap PE Ratio
Alphabet (GOOG) United States $3468.418B 28.35
Alphabet (GOOGL) United States $3459.730B 28.27
Tencent Holding (TCEHY) China $768.909B 27.36
Uber Technologies (UBER) United States $194.423B 12.03
DoorDash (DASH) United States $83.948B 99.75
Baidu (BIDU) China $44.542B 16.06
Trade Desk (TTD) United States $21.411B 50.33
KE Holdings (BEKE) China $19.861B 37.07
Zillow (Z) United States $17.435B 0.00
Rakuten (RKUNY) Japan $14.510B 0.00
Akamai Technologies (AKAM) United States $12.962B 20.25
Lyft (LYFT) United States $9.986B 72.26
Dropbox (DBX) United States $8.323B 15.27
Square Enix Holdings (SQNXF) Japan $7.095B 53.73
CyberAgent (CYGIY) Japan $6.081B 30.00
PCCW (PCCWY) Hong Kong, SAR China $5.418B 0.00
United Internet AG (UDIRF) Germany $5.248B 36.94
CyberAgent (CYAGF) Japan $5.165B 26.15
Internet Initiative Japan (IIJIY) Japan $3.273B 21.11
JOYY (JOYY) Singapore $3.116B 11.71
Autohome (ATHM) China $2.911B 13.62
Upwork (UPWK) United States $2.226B 9.74
IQIYI (IQ) China $2.080B 43.20
DeNA Co (DNACF) Japan $2.010B 6.74
Sify Technologies (SIFY) India $0.838B 0.00
HealthStream (HSTM) United States $0.729B 36.12
Sprout Social (SPT) United States $0.651B 0.00
Uxin (UXIN) China $0.570B 0.00
Xunlei (XNET) China $0.499B 22.80
ZKH Group (ZKH) China $0.483B 0.00
Yirendai (YRD) China $0.462B 2.60
Sohu (SOHU) China $0.455B 0.00
Cango (CANG) China $0.344B 0.00
Eventbrite (EB) United States $0.277B 0.00
Crexendo (CXDO) United States $0.227B 30.79
Trivago ADS (TRVG) Germany $0.225B 45.71
TrueCar (TRUE) United States $0.204B 0.00
Viomi Technology (VIOT) China $0.180B 0.00
Metalpha Technology Holding (MATH) Hong Kong, SAR China $0.111B 0.00
Yatra Online (YTRA) India $0.101B 81.50
Sunlands Technology Group (STG) China $0.078B 1.60
Marchex (MCHX) United States $0.071B 0.00
Chykingyoung Investment Development Holdings (CHYI) Hong Kong, SAR China $0.067B 2.83
LivePerson (LPSN) United States $0.061B 0.00
Data Storage (DTST) United States $0.030B 0.00
Focus Universal (FCUV) United States $0.026B 0.00
GigaMedia (GIGM) Taiwan $0.017B 0.00
Bridgeline Digital (BLIN) United States $0.014B 0.00
Taoping (TAOP) China $0.003B 0.00
Senmiao Technology (AIHS) China $0.001B 0.00
Internap (INAPQ) United States $0.000B 0.00
CooTek (Cayman) (CTK) China $0.000B 0.00
China Finance Online (JRJC) China $0.000B 0.00