Shopify Inc. (SHOP) Financials

NYSE:SHOP

Market Cap

74.82B

Total Revenue

5.60B

Gross Profit

2.75B

Operating Income

-822.30M

Net Income

-3.46B

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	50,252,000	105,018,000	205,233,000	389,330,000	673,304,000	1,073,229,000	1,578,173,000	2,929,491,000	4,611,856,000	5,599,864,000
costOfRevenue	13,513,000	43,223,000	94,162,000	179,835,000	293,051,000	476,962,000	712,530,000	1,387,971,000	2,130,712,000	2,845,745,000
grossProfit	36,739,000	61,795,000	111,071,000	209,495,000	380,253,000	596,267,000	865,643,000	1,541,520,000	2,481,144,000	2,754,119,000
researchAndDevelopmentExpenses	13,682,000	25,915,000	39,722,000	74,336,000	135,997,000	230,674,000	355,015,000	552,127,000	854,383,000	1,503,234,000
sellingAndMarketingExpenses	23,351,000	45,929,000	70,374,000	129,214,000	225,694,000	350,069,000	472,841,000	602,048,000	901,557,000	1,230,490,000
generalAndAdministrativeExpenses	3,975,000	11,566,000	18,731,000	43,110,000	67,719,000	107,444,000	178,934,000	245,343,000	374,844,000	707,765,000
sellingGeneralAndAdministrativeExpenses	27,326,000	57,495,000	89,105,000	172,324,000	293,413,000	457,513,000	651,775,000	847,391,000	1,276,401,000	1,938,255,000
operatingExpenses	41,008,000	83,410,000	128,827,000	246,660,000	429,410,000	688,187,000	1,006,790,000	1,451,367,000	2,212,501,000	3,576,418,000
operatingIncome	-4,269,000	-21,615,000	-17,756,000	-37,165,000	-49,157,000	-91,920,000	-141,147,000	90,153,000	268,643,000	-822,299,000
totalOtherIncomeExpensesNet	-610,000	-753,000	-1,034,000	1,810,000	9,162,000	-2,069,000	45,332,000	150,211,000	2,871,949,000	-2,800,549,000
ebitda	-1,901,000	-16,190,000	-10,520,000	-23,198,000	-25,775,000	-62,799,000	-105,496,000	160,213,000	334,951,000	-731,779,000
depreciationAndAmortization	1,758,000	4,672,000	7,236,000	13,967,000	23,382,000	27,052,000	35,651,000	70,060,000	66,308,000	90,520,000
interestIncome	42,000	57,000	200,000	1,536,000	7,850,000	29,436,000	48,182,000	23,434,000	15,356,000	79,141,000
interestExpense	--	--	--	--	--	--	--	8,575,000	1,150,000	1,150,000
incomeBeforeTax	-4,837,000	-22,311,000	-18,790,000	-35,355,000	-39,995,000	-64,553,000	-95,815,000	240,364,000	3,140,592,000	-3,622,848,000
incomeTaxExpense	568,000	696,000	--	--	--	27,367,000	29,027,000	-79,145,000	225,933,000	-162,430,000
netIncome	-4,837,000	-22,311,000	-18,790,000	-35,355,000	-39,995,000	-64,553,000	-124,842,000	319,509,000	2,914,659,000	-3,460,418,000
eps	-0.004	-0.019	-0.03	-0.042	-0.042	-0.061	-0.11	0.27	2.34	-2.73
epsdiluted	-0.004	-0.018	-0.03	-0.042	-0.042	-0.061	-0.11	0.26	2.29	-2.73
weightedAverageShsOut	1,195,697,050	1,195,697,050	617,160,650	839,885,970	957,748,970	1,056,718,390	1,130,264,240	1,195,697,050	1,246,588,910	1,266,268,155
weightedAverageShsOutDil	1,234,632,740	1,234,632,740	617,160,650	839,885,970	957,748,970	1,056,718,390	1,130,264,240	1,234,632,740	1,273,647,350	1,266,268,155
costAndExpenses	54,521,000	126,633,000	222,989,000	426,495,000	722,461,000	1,165,149,000	1,719,320,000	2,839,338,000	4,343,213,000	6,422,163,000
otherExpenses	--	--	-1,034,000	1,810,000	9,162,000	--	45,332,000	51,849,000	81,717,000	134,929,000

Key Facts

Industry

Software—Application

Sector

Technology

Headquarters

Ottawa, ON, CA

Website

shopify.com

CEO

Mr. Tobias Lütke

Employees

11600

About the Company

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.