Latest headcount
7,600
YoY change
-6.2%
Headcount CAGR
+21.9%
Revenue / employee
$1.52M
Employee count history for Shopify
| Fiscal year | Employees |
|---|---|
| 2015 | 1,048 |
| 2016 | 1,900 |
| 2018 | 4,000 |
| 2023 | 8,100 |
| 2024 | 8,100 |
| 2025 | 7,600 |
Revenue per employee for Shopify
Annual revenue divided by reported headcount, normalized to US dollars.
| Fiscal year | Revenue per employee (USD) |
|---|---|
| 2015 | $196K |
| 2016 | $205K |
| 2018 | $268K |
| 2023 | $872K |
| 2024 | $1.1M |
| 2025 | $1.52M |
Earnings per employee for Shopify
Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.
| Fiscal year | Earnings per employee (USD) |
|---|---|
| 2015 | -$17.9K |
| 2016 | -$18.6K |
| 2018 | -$16.1K |
| 2023 | $16.3K |
| 2024 | $249K |
| 2025 | $162K |
Employee count history for Shopify (SHOP)
Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.
- 20257,600-6.2%
- 20248,100—
- 20238,100—
- 20184,000—
- 20161,900—
- 20151,048—
About Shopify's employee count
Shopify (SHOP) employed 7,600 people in fiscal year 2025, based on its most recent annual report. That headcount shrank by -500 (-6.2%) from 8,100 a year earlier.
Across the 2015–2025 period, the company's reported workforce went from 1,048 to 7,600 employees — a compound annual growth rate (CAGR) of +21.9% per year.
Shopify generated about $1.52M of revenue and $162K of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.
Frequently asked questions
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Deep-dives across the income statement, cash flow, capital return, and valuation
How this company returns cash to shareholders — buybacks, dividends, and stock splits.