Shopify Revenue 2013-2023 | SHOP
Shopify annual/quarterly revenue history and growth rate from 2013 to 2023. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.
- Shopify revenue for the quarter ending September 30, 2023 was $1.714B, a 25.48% increase year-over-year.
- Shopify revenue for the twelve months ending September 30, 2023 was $6.651B, a 26.8% increase year-over-year.
- Shopify annual revenue for 2022 was $5.6B, a 21.42% increase from 2021.
- Shopify annual revenue for 2021 was $4.612B, a 57.43% increase from 2020.
- Shopify annual revenue for 2020 was $2.929B, a 85.63% increase from 2019.
| Shopify Annual Revenue (Millions of US $) |
|
|---|---|
| 2022 | $5,600 |
| 2021 | $4,612 |
| 2020 | $2,929 |
| 2019 | $1,578 |
| 2018 | $1,073 |
| 2017 | $673 |
| 2016 | $389 |
| 2015 | $205 |
| 2014 | $105 |
| 2013 | $50 |
| 2012 | $24 |
| Shopify Quarterly Revenue (Millions of US $) |
|
|---|---|
| 2023-09-30 | $1,714 |
| 2023-06-30 | $1,694 |
| 2023-03-31 | $1,508 |
| 2022-12-31 | $1,735 |
| 2022-09-30 | $1,366 |
| 2022-06-30 | $1,295 |
| 2022-03-31 | $1,204 |
| 2021-12-31 | $1,380 |
| 2021-09-30 | $1,124 |
| 2021-06-30 | $1,119 |
| 2021-03-31 | $989 |
| 2020-12-31 | $978 |
| 2020-09-30 | $767 |
| 2020-06-30 | $714 |
| 2020-03-31 | $470 |
| 2019-12-31 | $505 |
| 2019-09-30 | $391 |
| 2019-06-30 | $362 |
| 2019-03-31 | $320 |
| 2018-12-31 | $344 |
| 2018-09-30 | $270 |
| 2018-06-30 | $245 |
| 2018-03-31 | $214 |
| 2017-12-31 | $223 |
| 2017-09-30 | $171 |
| 2017-06-30 | $152 |
| 2017-03-31 | $127 |
| 2016-12-31 | $130 |
| 2016-09-30 | $100 |
| 2016-06-30 | $87 |
| 2016-03-31 | $73 |
| 2015-12-31 | $70 |
| 2015-09-30 | $53 |
| 2015-06-30 | $45 |
| 2015-03-31 | $37 |
| 2014-12-31 | $35 |
| 2014-09-30 | $27 |
| 2014-06-30 | $24 |
| 2014-03-31 | $19 |
| 2013-12-31 | |
| 2012-12-31 | |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Internet Services | $94.723B | $5.600B |
| 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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