Shopify (SHOP) Revenue & Revenue Breakdown
Shopify Revenue Highlights
Latest Revenue (Y)
$8.88B
Main Segment (Y)
Service
Main Geography (Y)
United States
Shopify Revenue by Period
Shopify Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2024-12-31 | $8.88B | 25.78% |
| 2023-12-31 | $7.06B | 26.07% |
| 2022-12-31 | $5.60B | 21.43% |
| 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 $8.88B in revenue during NA 2024, up 25.78% compared to the previous quarter, and up 562.68% compared to the same period a year ago.
Shopify Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2025-06-30 | - | -100.00% |
| 2025-03-31 | $2.36B | -16.07% |
| 2024-12-31 | $2.81B | 30.06% |
| 2024-09-30 | $2.16B | 5.72% |
| 2024-06-30 | $2.04B | 9.89% |
| 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 | 27.01% |
| 2022-09-30 | $1.37B | 5.48% |
| 2022-06-30 | $1.29B | 7.56% |
| 2022-03-31 | $1.20B | -12.76% |
| 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 - in revenue during Q2 2025, up -100.00% compared to the previous quarter, and up 0.00% 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 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|---|
| Service | $6.53B | - | - | - | - |
| Subscription and Circulation | $2.35B | - | - | - | - |
| Merchant Solutions | - | $5.32B | $3.95B | $3.24B | $2.13B |
| Subscription Solutions | - | $1.87B | $1.43B | $1.33B | $956.76M |
Shopify's latest annual revenue breakdown by segment (product or service), as of Dec 24: Service (73.54%), and Subscription and Circulation (26.46%).
Quarterly Revenue by Product
| Product/Service | Jun 25 | Mar 25 |
|---|---|---|
| Service | $2.02B | $1.74B |
| Subscription and Circulation | $656.00M | $620.00M |
Shopify's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Service (75.52%), and Subscription and Circulation (24.48%).
Shopify Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 24 | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|---|
| Latin America | $92.34M | $70.27M | $61.45M | $54.13M | $38.07M |
| United States | $5.43B | $4.73B | $3.57B | $2.95B | $2.06B |
| EMEA | $1.63B | $1.28B | $880.78M | $792.57M | - |
| APAC | $842.51M | $711.82M | $531.44M | $462.90M | - |
| Canada | $459.81M | $395.12M | $332.21M | $313.91M | $202.90M |
| Australia | - | - | - | - | $128.45M |
| Other Europe, Middle East and Africa | - | - | - | - | $267.89M |
| United Kingdom | - | - | - | - | $210.38M |
| Other Asia Pacific | - | - | - | - | $179.23M |
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 |
|---|---|---|---|
| UBER | Uber | $43.98B | $12.65B |
| CRM | Salesforce | $37.90B | $10.24B |
| MU | Micron | $37.38B | $9.30B |
| AMAT | Applied Materials | $27.18B | $7.30B |
| INTU | Intuit | $18.83B | $3.96B |
| LRCX | Lam Research | $18.44B | $5.32B |
| NOW | ServiceNow | $10.98B | $3.21B |
| SHOP | Shopify | $8.88B | - |
| ANET | Arista Networks | $7.00B | $2.20B |
| APP | AppLovin | $4.71B | $1.26B |
| CDNS | Cadence Design Systems | $4.64B | $1.28B |