SHOP SHOPIFY INC.
NasdaqTechnologyServices-Prepackaged SoftwareOttawaFY ends December 31
FY2025 at a glance
Fundamentals from SEC filings, not quotes- Revenue
- $11.6BYoYup 30.14%ended Dec 31, 2025
- Net income
- $1.23B10.7% margin
- Diluted EPS
- $0.94YoYdown 39.35%
- Free cash flow
- —
- Cash
- $1.55B
- Total debt
- —
Overview
SHOPIFY INC. (SHOP) is listed on Nasdaq; the SEC classifies it under "Services-Prepackaged Software".
For fiscal 2025 (ended Dec 31, 2025) it reported revenue of $11.56B, up 30.1% from fiscal 2024.
Net income was $1.23B, a net margin of 10.7%.
At fiscal year end it had total assets of $15.19B and stockholders' equity of $13.47B (88.7% of assets).
- Fiscal years shown
- FY2024–FY2025 (2 years)
- Latest 10-K
- Feb 11, 2026
- Latest filing
- 10-QNov 3, 2026
Charts
Revenue and net income
| Period | Revenue | Net income | Net margin |
|---|---|---|---|
| FY2024 | $8.88B | $2.02B | 22.7% |
| FY2025 | $11.6B | $1.23B | 10.7% |
Diluted EPS
| Period | EPS (diluted) |
|---|---|
| FY2024 | $1.55 |
| FY2025 | $0.94 |
Cash vs total debt
| Period | Cash & equivalents |
|---|---|
| FY2024 | $1.5B |
| FY2025 | $1.55B |
Each bar is one fiscal year as reported in its 10-K; bars below the zero line are negative and gaps are years not reported. Per-share figures are as reported, not adjusted for stock splits; comparisons across a likely split are left blank.
Ratios
Profitability
- Net margin
- 10.7%
- Return on equity
- 9.8%
- Return on assets
- 8.5%
Growth
| Metric | 1y | 3y CAGR |
|---|---|---|
| Revenue | up 30.14% | — |
| EPS (diluted) | down 39.35% | — |
| Free cash flow | — | — |
Financial strength
- Equity / assets
- 88.7%
Shareholder returns
Not reported in this company's 10-K data yet.
Quality screens
Piotroski F-Score
1 of 1 checks passed
FY2025 vs FY2024
Not enough comparable 10-K data: a score needs at least 7 of the 9 checks.
- PassPositive return on assets8.8%
- —Not computablePositive operating cash flow—
- —Not computableReturn on assets improved8.8% vs —
- —Not computableOperating cash flow above net income— vs 8.8%
- —Not computableLong-term debt / assets fell—
- —Not computableCurrent ratio improved—
- —Not computableNo increase in share count—
- —Not computableGross margin improved—
- —Not computableAsset turnover improved—
Altman Z''-Score
Needs current assets and liabilities, retained earnings, operating income, total assets, liabilities and equity from the latest 10-K.
Screening heuristic, not a recommendation. Per-share figures are as reported, not adjusted for stock splits; comparisons across a likely split are left blank.
Financial statements
USD millions, except per-share figures (USD). Share counts in millions.
Income statement
| Metric | FY2025Dec 31, 2025 | FY2024Dec 31, 2024 |
|---|---|---|
| Revenue | 11,556 | 8,880 |
| YoY (Revenue) | +30.14% | — |
| Net income | 1,231 | 2,019 |
| YoY (Net income) | -39.03% | — |
| EPS (diluted) | 0.94 | 1.55 |
| YoY (EPS (diluted)) | -39.35% | — |
Balance sheet
| Metric | FY2025Dec 31, 2025 | FY2024Dec 31, 2024 |
|---|---|---|
| Cash & equivalents | 1,545 | 1,498 |
| Total assets | 15,189 | 13,924 |
| Stockholders' equity | 13,473 | 11,558 |
Key financials (annual, 10-K)
Values as reported in each fiscal year's Form 10-K (XBRL data on SEC EDGAR); growth and ratios are computed from those values. Revenue is the total revenue figure the company tagged (omitted when the only figure tagged is evidently partial, e.g. below net income); growth is only shown between consecutive ~12-month fiscal years reported with the same revenue measure. Per-share figures and share counts are as reported and not adjusted for later stock splits. — = not reported.
Filing timeline
- 10-QNewQuarterly report· Sep 30, 2026(SEC EDGAR)
- 8-KNewCurrent report· Nov 3, 2026(SEC EDGAR)
- 10-QQuarterly report· Jun 30, 2026(SEC EDGAR)
- 8-KCurrent report· Aug 5, 2026(SEC EDGAR)
- 8-KCurrent report· Jul 2, 2026(SEC EDGAR)
- 8-KCurrent report· Jun 16, 2026(SEC EDGAR)
- 8-KCurrent report· Jun 2, 2026(SEC EDGAR)
- 8-KCurrent report· May 8, 2026(SEC EDGAR)
- 10-QQuarterly report· Mar 31, 2026(SEC EDGAR)
- 8-KCurrent report· May 5, 2026(SEC EDGAR)
Peers (same SIC code)
| Ticker | Revenue (FY) | YoY | Net margin | ROE | F-Score | 5y revenue |
|---|---|---|---|---|---|---|
| MSFTMICROSOFT CORP | $332B | — | 40.3% | — | — | — |
| ORCLORACLE CORP | $67.4B | — | 25.4% | — | — | — |
| CRMSalesforce, Inc. | $41.5B | up 9.58% | 18.0% | 12.4% | 7/9 | |
| SHOPSHOPIFY INC. (This company) | $11.6B | — | 10.7% | — | — | — |
| CRWDCrowdStrike Holdings, Inc. | $4.81B | — | -3.4% | — | — | — |
| PLTRPalantir Technologies Inc. | $4.48B | — | 36.3% | — | — | — |
| SAPSAP SE | — | — | — | — | — | — |
| Peer median | $41.5B | up 9.58% | 25.4% | 12.4% | 7/9 | — |
Companies with the same 4-digit SIC code, ordered by latest revenue. The median excludes this company. — = not reported or not computable.
Frequently asked questions
What does SHOPIFY INC. do?
The SEC classifies SHOPIFY INC. under Standard Industrial Classification (SIC) code 7372, "Services-Prepackaged Software". It is headquartered in Ottawa. It is incorporated in Canada (Federal Level). In fiscal 2025 it reported revenue of $11.56B and net income of $1.23B in its annual 10-K report.
What was SHOPIFY INC.'s revenue in 2025?
SHOPIFY INC. reported revenue of $11.56B for fiscal 2025, which ended Dec 31, 2025, up 30.1% from $8.88B in fiscal 2024, according to its annual 10-K report filed with the SEC on Feb 11, 2026.
What was SHOPIFY INC.'s net income in 2025?
SHOPIFY INC. reported net income of $1.23B for fiscal 2025, a net margin of 10.7% of revenue.
Where is SHOPIFY INC. listed?
According to the SEC, SHOPIFY INC.'s ticker SHOP is listed on Nasdaq.
When does SHOPIFY INC.'s fiscal year end?
According to the SEC, SHOPIFY INC.'s fiscal year ends on December 31; its latest reported fiscal year (2025) ended Dec 31, 2025.
Source: SEC EDGAR · Last updated:
Ver en españolNot investment advice: This page shows financial data that companies reported to the US Securities and Exchange Commission, for information only. It is not investment advice or a recommendation to buy or sell any security, and it shows no stock prices. Data may be incomplete, restated or out of date — check the original filings on SEC EDGAR before making decisions.