Shopify Inc.
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Explore Shopify
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Shopify Inc.
Compare market positioning with top industry peers
Explore Shopify
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$11.56B
Market Cap
$107.0B
Net Income
$1.2B
Employees
8,100
Shopify is functioning as the undisputed operating system of global entrepreneurial commerce, extracting wildly compounding revenues from its beloved merchant ecosystem spanning millions of businesses across 175+ countries. Under CEO Tobi Lütke, the commerce platform generated exactly $8.9 billion in revenue and maintains a $107.0 billion market cap with exactly 8100 employees. The financial narrative in 2026 is entirely defined by merchant solutions monetization; transcending its reputation as a pure storefront builder, Shopify extracts rapidly growing financial services revenues by furiously deploying Shopify Payments, Shopify Capital merchant lending, and Shopify Markets cross-border commerce tools that capture an increasingly share of its merchants' total economic activity.
Revenue Trend Analysis
YoY Change
+30.1%
2-Year CAGR
+27.9%
Peak Year
2025
Trend
Consistent Growth
Shopify Inc. has reported revenue across 3 fiscal years, compounding at +27.9% annually over 2 years. The most recent year saw a 30.1% increase versus the prior year. Revenue peaked in 2025 at $11.6B. Out of 2 reported periods, 2 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $11.6B | $1.2B | +30.1% |
| FY2024 | $8.9B | $2.0B | +25.8% |
| FY2023 | $7.1B | $132M | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Shopify Inc. reported approximately $8.9B in fiscal year 2025 with a team of 8,100 employees worldwide.
Shopify Inc. strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in E-commerce Software & Payments is driven by steady cash generation and pricing power, enabling Shopify Inc. to reinvest in high-return strategic initiatives.
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CorpDigest. "Shopify Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/shopify/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Shopify Inc. reported $12B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/shopify/financials" target="_blank" rel="noopener">CorpDigest — Shopify Inc. financials</a></div>