Shopify Inc.
E-commerce Software & PaymentsFounded 2006- Updated June 2026
Reviewed by Swet Parvadiya
Last reviewed: June 2026
CorpDigest
Shopify Inc.
Annual Revenue
Last reviewed: 2026-06-03 · By Swet Parvadiya
FY2021 Revenue
$4.6B
▲ 57.4% vs FY2020 ($2.9B)
Net Income: $2.9B
Source: Annual Report
Shopify Inc. reported $4.6B in revenue for fiscal year 2021. This represents a growth of 57.4% compared to the 2020 figure of $2.9B. In 2022, revenue increased to $5.6B.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $8.9B | $1.3B | +25.8% |
| FY2023 | $7.1B | N/A | +26.1% |
| FY2022 | $5.6B | N/A | +21.4% |
| FY2021 | $4.6B | $2.9B | +57.4% |
| FY2020 | $2.9B | $320M | +85.7% |
| FY2019 | $1.6B | N/A | +47.1% |
| FY2018 | $1.1B | N/A | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.