The profitability of Shopify Inc. over the past 10 years
Chart Shopify Inc.: gross profit, operating income, net income, fiscal 2016–2025 Open the chart →Shopify Inc. reported net income of $1.23B in fiscal 2025, the latest fiscal year on file. That year it had gross profit of $5.55B and operating income of $1.47B. It reported a profit in 5 of the 10 years shown, and a loss in fiscal 2016, 2017, 2018, 2019 and 2022. Its highest net income in these years was $2.91B, in fiscal 2021.
Year by year
| Fiscal year | Gross profit | Operating income | Net income |
|---|---|---|---|
| 2025ended Dec 31, 2025 | $5.55B | $1.47B | $1.23B |
| 2024ended Dec 31, 2024 | $4.47B | $1.07B | $2.02B |
| 2023ended Dec 31, 2023 | $3.52B | -$1.42B | $132M |
| 2022ended Dec 31, 2022 | $2.75B | -$822M | -$3.46B |
| 2021ended Dec 31, 2021 | $2.48B | $268.64M | $2.91B |
| 2020ended Dec 31, 2020 | $1.54B | $90.15M | $319.51M |
| 2019ended Dec 31, 2019 | $865.64M | -$141.15M | -$124.84M |
| 2018ended Dec 31, 2018 | $596.27M | -$91.92M | -$64.55M |
| 2017ended Dec 31, 2017 | $380.25M | -$49.16M | -$39.99M |
| 2016ended Dec 31, 2016 | $209.5M | -$37.16M | -$35.35M |
Fiscal years as Shopify Inc. reports them. * Calculated by us from the company's filed figures; — no figure on file. From SEC filings, updated nightly. How each line is read.
More on Shopify Inc.
- The revenue of Shopify Inc.
- The cash flow of Shopify Inc.
- The debt of Shopify Inc.
- All of Shopify Inc.'s financials, charted
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Not investment advice. This page shows what Shopify Inc. filed with the SEC. Nothing here is a recommendation about any security. Check important figures against the company's own filings.