TTM
$1.33B
YoY change
-39.0%
5Y CAGR
+31.0%
Peak year (2021)
$2.91B
Cumulative net income
$2.26B
Net Income history chart for Shopify (SHOP) from 2012 to 2025
Latest: $1.23B
Net Income growth chart for Shopify (SHOP) from 2012 to 2025
Latest: -39.0%
Net Income history table for Shopify (SHOP) from 2012 to 2025
| 2025 | $1.23B | -39.0% | −$788.00M | ||
| 2024 | $2.02B | +1429.5% | +$1.89B | ||
| 2023 | $132.00M | -103.8% | +$3.59B | ||
| 2022 | −$3.46B | -218.7% | −$6.37B | ||
| 2021 | $2.91B | +812.2% | +$2.60B | ||
| 2020 | $319.51M | -355.9% | +$444.35M | ||
| 2019 | −$124.84M | +93.4% | −$60.29M | ||
| 2018 | −$64.55M | +61.4% | −$24.56M | ||
| 2017 | −$39.99M | +13.1% | −$4.64M | ||
| 2016 | −$35.35M | +88.2% | −$16.57M | ||
| 2015 | −$18.79M | -15.8% | +$3.52M | ||
| 2014 | −$22.31M | +361.3% | −$17.47M | ||
| 2013 | −$4.84M | +292.6% | −$3.60M | ||
| 2012 | −$1.23M | — | — |
- 2025$1.23B-39.0%
- 2024$2.02B+1429.5%
- 2023$132.00M-103.8%
- 2022−$3.46B-218.7%
- 2021$2.91B+812.2%
- 2020$319.51M-355.9%
- 2019−$124.84M+93.4%
- 2018−$64.55M+61.4%
- 2017−$39.99M+13.1%
- 2016−$35.35M+88.2%
- 2015−$18.79M-15.8%
- 2014−$22.31M+361.3%
- 2013−$4.84M+292.6%
- 2012−$1.23M—
Net Income values are taken from Shopify's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Income at Shopify (SHOP)
According to Shopify's latest reported financial statements, the company's current net income (TTM) is $1.33B. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Shopify (SHOP) most recent annual net income stands at $1.23B (2025) – plunged 39.0% year-over-year.
Shopify net income has grown on net over the period, with a +31.0% compound annual growth rate over 2020–2025 (5 years).
Between 2021 and 2025, Shopify net income plunged 57.8%, falling from $2.91B to $1.23B.
The record annual net income stands at $2.91B, reached in 2021; the historical low of −$3.46B was recorded in 2022.
Shopify Net Income by Year
Shopify Net Income 2025: $1.23B
Shopify net income in 2025 was $1.23B, plunged 39.0% below 2024.
Shopify Net Income 2024: $2.02B
2024's net income for Shopify came in at $2.02B, surged 1429.5% from 2023.
Shopify Net Income 2023: $132.00M
Shopify posted net income of $132.00M in 2023, plunged 103.8% below 2022.
Shopify Net Income 2022: −$3.46B
In 2022, Shopify reported net income of −$3.46B, plunged 218.7% below 2021. This figure represents the lowest annual value in the available history.
Shopify Net Income 2021: $2.91B
Shopify net income in 2021 was $2.91B.
See more financial history for Shopify (SHOP).
Sector peers by Net Income
Technology peers of Shopify (SHOP), ranked by their latest net income
| $120.07B | |
| $112.01B | |
| $101.83B | |
| $55.96B | |
| $23.13B | |
| $11.19B | |
| $8.54B | |
| $4.33B |
- $120.07B
- $112.01B
- $101.83B
- $55.96B
- $23.13B
- $11.19B
- $8.54B
- $4.33B
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