Shopify Key Executives
This section highlights Shopify's key executives, including their titles and compensation details.
Find Contacts at Shopify
( total contacts)
Shopify Earnings
This section highlights Shopify's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q1 | 2025 | 2025-05-08 | $0.26 | $0.25 |
| Read Transcript | Q4 | 2024 | 2025-02-11 | $0.43 | $0.44 |
| Read Transcript | Q3 | 2024 | 2024-11-12 | $0.28 | $0.36 |
| Read Transcript | Q2 | 2024 | 2024-08-07 | $0.20 | $0.26 |
| Read Transcript | Q1 | 2024 | 2024-05-08 | $0.17 | $0.20 |
| Read Transcript | Q4 | 2023 | 2024-02-13 | $0.31 | $0.34 |
| Read Transcript | Q3 | 2023 | 2023-11-02 | $0.15 | $0.24 |
| Read Transcript | Q2 | 2023 | 2023-08-02 | $0.06 | $0.14 |
| Read Transcript | Q1 | 2023 | 2023-05-04 | $0.00 | $0.01 |
Earnings Reports
Dive into Shopify's earnings with our AI-powered insights.
Financial Statements
Access annual & quarterly financial statements for Shopify, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $8.88B | $7.06B | $5.60B | $4.61B | $2.93B |
| Cost of Revenue | $4.41B | $3.54B | $2.85B | $2.13B | $1.39B |
| Gross Profit | $4.47B | $3.52B | $2.75B | $2.48B | $1.54B |
| Gross Profit Ratio | 50.36% | 49.79% | 49.18% | 53.80% | 52.62% |
| Research and Development Expenses | $1.37B | $1.73B | $1.50B | $854.38M | $552.13M |
| General and Administrative Expenses | $410.00M | $491.00M | $708.00M | $374.84M | $245.34M |
| Selling and Marketing Expenses | $1.39B | $1.22B | $1.23B | $901.56M | $602.05M |
| Selling General and Administrative Expenses | $1.80B | $1.71B | $1.94B | $1.28B | $847.39M |
| Other Expenses | $227.00M | $1.49B | $135.00M | $81.72M | $51.85M |
| Operating Expenses | $3.40B | $4.93B | $3.58B | $2.21B | $1.45B |
| Cost and Expenses | $7.80B | $8.48B | $6.42B | $4.34B | $2.84B |
| Interest Income | $308.00M | $241.00M | $75.00M | $15.36M | $23.43M |
| Interest Expense | $- | $- | $1.15M | $1.15M | $8.57M |
| Depreciation and Amortization | $36.00M | $70.00M | $93.00M | $65.72M | $73.76M |
| EBITDA | $1.11B | $-8.00M | $-729.00M | $334.95M | $160.21M |
| EBITDA Ratio | 12.51% | -0.11% | -13.02% | 7.26% | 5.47% |
| Operating Income | $1.07B | $-1.42B | $-822.00M | $268.64M | $90.15M |
| Operating Income Ratio | 12.11% | -20.08% | -14.68% | 5.83% | 3.08% |
| Total Other Income Expenses Net | $1.15B | $1.60B | $-2.80B | $2.87B | $66.74M |
| Income Before Tax | $2.23B | $185.00M | $-3.62B | $3.14B | $240.36M |
| Income Before Tax Ratio | 25.09% | 2.62% | -64.70% | 68.10% | 8.20% |
| Income Tax Expense | $209.00M | $53.00M | $-163.00M | $225.93M | $-79.14M |
| Net Income | $2.02B | $132.00M | $-3.46B | $2.91B | $319.51M |
| Net Income Ratio | 22.74% | 1.87% | -61.79% | 63.20% | 10.91% |
| EPS | $1.56 | $0.10 | $-2.73 | $2.32 | $0.28 |
| EPS Diluted | $1.56 | $0.10 | $-2.73 | $2.27 | $0.27 |
| Weighted Average Shares Outstanding | 1.29B | 1.28B | 1.27B | 1.25B | 1.20B |
| Weighted Average Shares Outstanding Diluted | 1.29B | 1.30B | 1.27B | 1.27B | 1.23B |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | March 31, 2025 | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.36B | $2.81B | $2.16B | $2.04B | $1.86B | $2.14B | $1.71B | $1.69B | $1.51B | $1.73B | $1.37B | $1.29B | $1.20B | $1.38B | $1.12B | $1.12B | $988.65M | $977.74M | $767.40M | $714.34M |
| Cost of Revenue | $1.19B | $1.46B | $1.04B | $1.00B | $904.00M | $1.08B | $813.00M | $859.00M | $791.00M | $936.47M | $704.00M | $639.00M | $566.00M | $687.37M | $514.83M | $498.58M | $429.93M | $473.36M | $362.26M | $339.31M |
| Gross Profit | $1.17B | $1.35B | $1.12B | $1.04B | $957.00M | $1.06B | $901.00M | $835.00M | $717.00M | $798.51M | $662.00M | $656.00M | $638.00M | $692.66M | $608.91M | $620.86M | $558.72M | $504.39M | $405.15M | $375.03M |
| Gross Profit Ratio | 49.53% | 48.08% | 51.71% | 51.10% | 51.42% | 49.53% | 52.57% | 49.29% | 47.55% | 46.02% | 48.46% | 50.66% | 52.99% | 50.19% | 54.19% | 55.46% | 56.51% | 51.59% | 52.79% | 52.50% |
| Research and Development Expenses | $377.00M | $351.00M | $332.00M | $349.00M | $335.00M | $311.00M | $313.00M | $648.00M | $458.00M | $440.55M | $412.00M | $347.00M | $304.00M | $273.91M | $221.03M | $183.56M | $175.89M | $159.08M | $143.43M | $133.23M |
| General and Administrative Expenses | $109.00M | $112.00M | $114.00M | $60.00M | $124.00M | $100.00M | $137.00M | $131.00M | $123.00M | $214.65M | $255.00M | $130.00M | $109.00M | $101.05M | $128.72M | $77.97M | $67.10M | $65.39M | $51.80M | $83.31M |
| Selling and Marketing Expenses | $405.00M | $348.00M | $331.00M | $353.00M | $361.00M | $317.00M | $295.00M | $321.00M | $287.00M | $297.74M | $302.00M | $327.00M | $303.00M | $275.48M | $237.95M | $201.91M | $186.22M | $154.73M | $147.61M | $144.85M |
| Selling General and Administrative Expenses | $514.00M | $460.00M | $445.00M | $413.00M | $485.00M | $417.00M | $432.00M | $452.00M | $410.00M | $512.39M | $557.00M | $457.00M | $412.00M | $376.53M | $366.67M | $279.88M | $253.32M | $220.12M | $199.41M | $228.16M |
| Other Expenses | $75.00M | $76.00M | $58.00M | $42.00M | $51.00M | $45.00M | $34.00M | $1.37B | $42.00M | $34.32M | $39.00M | $42.00M | $20.00M | $-503.12M | $25.31M | $779.87M | $0 | $-2.79M | $- | $4.08M |
| Operating Expenses | $966.00M | $887.00M | $835.00M | $804.00M | $871.00M | $773.00M | $779.00M | $2.47B | $910.00M | $987.26M | $1.01B | $846.00M | $736.00M | $678.25M | $613.01M | $481.42M | $439.82M | $391.85M | $354.59M | $374.75M |
| Cost and Expenses | $2.16B | $2.35B | $1.88B | $1.80B | $1.77B | $1.85B | $1.59B | $3.33B | $1.70B | $1.92B | $1.71B | $1.49B | $1.30B | $1.37B | $1.13B | $980.00M | $869.75M | $865.20M | $716.84M | $714.06M |
| Interest Income | $65.00M | $72.00M | $77.00M | $80.00M | $- | $68.00M | $63.00M | $58.00M | $52.00M | $39.56M | $20.00M | $12.00M | $5.00M | $4.92M | $4.52M | $3.09M | $2.83M | $3.23M | $3.79M | $5.95M |
| Interest Expense | $- | $- | $- | $- | $- | $- | $- | $- | $- | $291.00K | $290.00K | $281.00K | $288.00K | $- | $872.00K | $284.00K | $873.00K | $7.34M | $1.24M | $- |
| Depreciation and Amortization | $8.00M | $8.00M | $8.00M | $10.00M | $10.00M | $10.00M | $13.00M | $17.00M | $30.00M | $29.82M | $29.00M | $16.00M | $17.00M | $22.17M | $13.51M | $14.54M | $15.92M | $17.89M | $17.87M | $19.93M |
| EBITDA | $211.00M | $473.00M | $291.00M | $251.00M | $96.00M | $299.00M | $135.00M | $-279.00M | $-163.00M | $-584.50M | $-317.00M | $-174.00M | $-81.00M | $-464.03M | $1.35B | $926.92M | $137.53M | $134.98M | $72.22M | $24.30M |
| EBITDA Ratio | 8.94% | 16.82% | 13.46% | 12.27% | 5.16% | 13.95% | 7.88% | -16.47% | -10.81% | -33.69% | -23.21% | -13.44% | -6.73% | -33.62% | 119.75% | 82.80% | 13.91% | 13.81% | 9.41% | 3.40% |
| Operating Income | $203.00M | $465.00M | $283.00M | $241.00M | $86.00M | $289.00M | $122.00M | $-1.64B | $-193.00M | $-188.75M | $-346.00M | $-190.00M | $-98.00M | $14.40M | $-4.10M | $139.44M | $118.90M | $112.54M | $50.56M | $284.00K |
| Operating Income Ratio | 8.60% | 16.54% | 13.09% | 11.78% | 4.62% | 13.48% | 7.12% | -96.58% | -12.80% | -10.88% | -25.33% | -14.67% | -8.14% | 1.04% | -0.36% | 12.46% | 12.03% | 11.51% | 6.59% | 0.04% |
| Total Other Income Expenses Net | $-973.00M | $956.00M | $577.00M | $-38.00M | $-342.00M | $393.00M | $606.00M | $335.00M | $269.00M | $-425.86M | $188.00M | $-1.01B | $-1.55B | $-503.12M | $1.34B | $779.87M | $1.25B | $-2.79M | $124.05M | $4.08M |
| Income Before Tax | $-770.00M | $1.42B | $860.00M | $203.00M | $-256.00M | $682.00M | $728.00M | $-1.30B | $76.00M | $-614.61M | $-158.00M | $-1.20B | $-1.65B | $-488.72M | $1.34B | $919.32M | $1.37B | $109.75M | $186.37M | $4.37M |
| Income Before Tax Ratio | -32.63% | 50.53% | 39.78% | 9.93% | -13.76% | 31.81% | 42.47% | -76.80% | 5.04% | -35.42% | -11.57% | -92.51% | -137.29% | -35.41% | 119.28% | 82.12% | 138.53% | 11.23% | 24.29% | 0.61% |
| Income Tax Expense | $-88.00M | $128.00M | $32.00M | $32.00M | $17.00M | $25.00M | $10.00M | $10.00M | $8.00M | $9.09M | $1.00M | $6.00M | $-179.00M | $-117.41M | $192.02M | $40.22M | $111.10M | $-14.12M | $-4.70M | $-31.63M |
| Net Income | $-682.00M | $1.29B | $828.00M | $171.00M | $-273.00M | $657.00M | $718.00M | $-1.31B | $68.00M | $-623.69M | $-159.00M | $-1.20B | $-1.47B | $-371.31M | $1.15B | $879.09M | $1.26B | $123.87M | $191.07M | $36.00M |
| Net Income Ratio | -28.90% | 45.98% | 38.30% | 8.36% | -14.67% | 30.64% | 41.89% | -77.39% | 4.51% | -35.95% | -11.64% | -92.97% | -122.43% | -26.91% | 102.20% | 78.53% | 127.29% | 12.67% | 24.90% | 5.04% |
| EPS | $-0.53 | $1.00 | $0.64 | $0.13 | $-0.21 | $0.51 | $0.56 | $-1.02 | $0.05 | $-0.49 | $-0.12 | $-0.95 | $-1.17 | $-0.30 | $0.90 | $0.69 | $0.99 | $0.10 | $0.15 | $0.03 |
| EPS Diluted | $-0.53 | $1.00 | $0.64 | $0.13 | $-0.21 | $0.51 | $0.55 | $-1.02 | $0.05 | $-0.49 | $-0.12 | $-0.95 | $-1.17 | $-0.30 | $0.90 | $0.69 | $0.99 | $0.10 | $0.15 | $0.03 |
| Weighted Average Shares Outstanding | 1.30B | 1.29B | 1.29B | 1.29B | 1.29B | 1.29B | 1.28B | 1.28B | 1.28B | 1.27B | 1.27B | 1.26B | 1.26B | 1.26B | 1.25B | 1.25B | 1.23B | 1.22B | 1.21B | 1.19B |
| Weighted Average Shares Outstanding Diluted | 1.30B | 1.29B | 1.30B | 1.30B | 1.29B | 1.30B | 1.30B | 1.28B | 1.29B | 1.27B | 1.27B | 1.26B | 1.26B | 1.26B | 1.28B | 1.27B | 1.27B | 1.25B | 1.25B | 1.23B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.50B | $1.41B | $1.65B | $2.50B | $2.70B |
| Short Term Investments | $3.98B | $3.60B | $3.40B | $5.27B | $3.68B |
| Cash and Short Term Investments | $5.48B | $5.01B | $5.05B | $7.77B | $6.39B |
| Net Receivables | $252.00M | $1.16B | $885.00M | $687.26M | $421.54M |
| Inventory | $26.00M | $- | $- | $- | $- |
| Other Current Assets | $1.46B | $112.00M | $112.00M | $83.96M | $68.25M |
| Total Current Assets | $7.25B | $6.28B | $6.05B | $8.54B | $6.88B |
| Property Plant Equipment Net | $140.00M | $147.00M | $485.97M | $301.91M | $211.48M |
| Goodwill | $452.00M | $427.00M | $1.84B | $356.53M | $311.87M |
| Intangible Assets | $22.00M | $29.00M | $390.15M | $138.50M | $135.68M |
| Goodwill and Intangible Assets | $474.00M | $456.00M | $2.23B | $495.02M | $447.54M |
| Long Term Investments | $6.00B | $4.38B | $1.95B | $3.96B | $173.45M |
| Tax Assets | $37.00M | $43.77M | $40.82M | $48.37M | $52.68M |
| Other Non-Current Assets | $21.00M | $225.12K | $- | $- | $- |
| Total Non-Current Assets | $6.67B | $5.02B | $4.71B | $4.80B | $885.15M |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $13.92B | $11.30B | $10.76B | $13.34B | $7.76B |
| Account Payables | $360.00M | $364.00M | $364.00M | $284.01M | $168.72M |
| Short Term Debt | $936.00M | $17.00M | $18.00M | $15.75M | $10.05M |
| Tax Payables | $- | $91.00M | $9.39M | $13.51M | $19.68M |
| Deferred Revenue | $283.00M | $302.00M | $295.89M | $216.79M | $107.81M |
| Other Current Liabilities | $377.00M | $124.00M | $168.62M | $172.68M | $132.07M |
| Total Current Liabilities | $1.96B | $898.00M | $856.01M | $702.73M | $438.33M |
| Long Term Debt | $- | $1.13B | $1.38B | $1.16B | $902.84M |
| Deferred Revenue Non-Current | $- | $196.00M | $267.51M | $162.93M | $21.01M |
| Deferred Tax Liabilities Non-Current | $73.00M | $6.00M | $16.29M | $183.43M | $758.01M |
| Other Non-Current Liabilities | $337.00M | $- | $508.00K | $- | $- |
| Total Non-Current Liabilities | $410.00M | $1.33B | $1.66B | $1.50B | $923.85M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $2.37B | $2.23B | $2.52B | $2.21B | $1.36B |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $9.63B | $9.20B | $8.75B | $8.04B | $6.12B |
| Retained Earnings | $1.63B | $-390.00M | $-522.28M | $2.94B | $15.29M |
| Accumulated Other Comprehensive Income Loss | $-10.00M | $4.00M | $-16.47M | $-5.97M | $8.77M |
| Other Total Stockholders Equity | $305.00M | $251.00M | $33.53M | $161.07M | $261.44M |
| Total Stockholders Equity | $11.56B | $9.07B | $8.24B | $11.13B | $6.40B |
| Total Equity | $11.56B | $9.07B | $8.24B | $11.13B | $6.40B |
| Total Liabilities and Stockholders Equity | $13.92B | $11.30B | $10.76B | $13.34B | $7.76B |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $13.92B | $11.30B | $10.76B | $13.34B | $7.76B |
| Total Investments | $9.98B | $7.97B | $5.36B | $9.22B | $3.86B |
| Total Debt | $1.13B | $1.15B | $1.40B | $1.17B | $912.89M |
| Net Debt | $-372.00M | $-263.00M | $-252.72M | $-1.33B | $-1.79B |
Balance Sheet Charts
| Breakdown | March 31, 2025 | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.31B | $1.50B | $1.51B | $1.54B | $1.62B | $1.41B | $1.29B | $1.61B | $1.74B | $1.65B | $1.38B | $3.35B | $2.45B | $2.50B | $2.19B | $2.36B | $2.79B | $2.70B | $3.09B | $1.88B |
| Short Term Investments | $4.21B | $3.98B | $3.39B | $3.48B | $3.55B | $3.60B | $3.63B | $3.17B | $3.12B | $3.40B | $3.56B | $3.60B | $4.80B | $5.27B | $5.33B | $5.39B | $5.09B | $3.68B | $3.03B | $2.12B |
| Cash and Short Term Investments | $5.51B | $5.48B | $4.89B | $5.02B | $5.18B | $5.01B | $4.92B | $4.78B | $4.86B | $5.05B | $4.94B | $6.95B | $7.25B | $7.77B | $7.52B | $7.76B | $7.87B | $6.39B | $6.12B | $4.00B |
| Net Receivables | $297.00M | $252.00M | $1.44B | $174.00M | $178.00M | $194.00M | $173.00M | $186.00M | $202.00M | $885.00M | $158.31M | $140.47M | $163.90M | $687.26M | $733.16M | $625.70M | $532.80M | $421.54M | $428.98M | $322.08M |
| Inventory | $- | $26.00M | $- | $- | $- | $92.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Assets | $242.00M | $1.46B | $211.00M | $1.21B | $1.08B | $112.00M | $1.07B | $943.00M | $862.00M | $112.00M | $913.24M | $762.50M | $664.29M | $83.96M | $715.17M | $79.08M | $77.85M | $68.25M | $63.08M | $66.16M |
| Total Current Assets | $7.45B | $7.25B | $6.54B | $6.40B | $6.44B | $6.28B | $6.16B | $5.91B | $5.93B | $6.05B | $6.01B | $7.86B | $8.07B | $8.54B | $8.33B | $8.46B | $8.48B | $6.88B | $6.61B | $4.39B |
| Property Plant Equipment Net | $151.00M | $140.00M | $143.00M | $144.00M | $148.00M | $147.00M | $124.00M | $170.00M | $482.00M | $485.97M | $478.20M | $338.76M | $329.77M | $301.91M | $215.20M | $211.01M | $215.18M | $211.48M | $217.41M | $221.72M |
| Goodwill | $491.00M | $452.00M | $452.00M | $449.00M | $427.00M | $427.00M | $427.00M | $427.00M | $1.86B | $1.84B | $1.84B | $379.35M | $356.53M | $356.53M | $349.43M | $311.87M | $311.87M | $311.87M | $311.87M | $311.87M |
| Intangible Assets | $39.00M | $22.00M | $24.00M | $26.00M | $25.00M | $29.00M | $33.00M | $26.00M | $372.00M | $390.15M | $410.82M | $133.13M | $131.61M | $138.50M | $141.93M | $124.20M | $129.69M | $135.68M | $143.93M | $151.25M |
| Goodwill and Intangible Assets | $530.00M | $474.00M | $476.00M | $475.00M | $452.00M | $456.00M | $460.00M | $453.00M | $2.24B | $2.23B | $2.25B | $512.47M | $488.14M | $495.02M | $491.36M | $436.07M | $441.56M | $447.54M | $455.79M | $463.12M |
| Long Term Investments | $5.15B | $6.00B | $5.13B | $4.28B | $4.03B | $4.38B | $3.68B | $3.13B | $2.28B | $1.95B | $2.42B | $1.99B | $2.69B | $3.96B | $4.45B | $2.80B | $1.63B | $173.45M | $170.50M | $-24.41M |
| Tax Assets | $98.00M | $37.00M | $39.00M | $44.00M | $43.00M | $44.00M | $39.00M | $39.00M | $41.00M | $40.82M | $43.25M | $44.76M | $47.06M | $48.37M | $52.07M | $52.11M | $54.10M | $52.68M | $5.12M | $24.41M |
| Other Non-Current Assets | $23.00M | $21.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $199.60M | $- | $- | $- | $- | $- | $- | $24.41M |
| Total Non-Current Assets | $5.96B | $6.67B | $5.79B | $4.94B | $4.67B | $5.02B | $4.30B | $3.79B | $5.04B | $4.71B | $5.19B | $2.89B | $3.76B | $4.80B | $5.20B | $3.50B | $2.34B | $885.15M | $848.81M | $709.25M |
| Other Assets | $- | $- | $- | $-1.66M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $13.40B | $13.92B | $12.33B | $11.34B | $11.11B | $11.30B | $10.46B | $9.70B | $10.96B | $10.76B | $11.20B | $10.75B | $11.83B | $13.34B | $13.54B | $11.96B | $10.82B | $7.76B | $7.46B | $5.10B |
| Account Payables | $776.00M | $360.00M | $- | $555.92M | $586.39M | $364.00M | $526.46M | $554.00M | $535.00M | $364.00M | $596.11M | $419.41M | $406.65M | $284.01M | $350.59M | $289.54M | $338.88M | $168.72M | $261.56M | $241.00M |
| Short Term Debt | $938.00M | $936.00M | $18.00M | $17.00M | $17.00M | $17.00M | $15.00M | $16.00M | $24.00M | $18.00M | $17.02M | $25.67M | $19.34M | $15.75M | $15.62M | $15.84M | $15.57M | $10.05M | $10.99M | $10.99M |
| Tax Payables | $- | $- | $- | $- | $- | $91.00M | $- | $- | $- | $9.39M | $4.46M | $4.12M | $8.29M | $13.51M | $26.50M | $22.54M | $25.93M | $19.68M | $799.00K | $1.06M |
| Deferred Revenue | $295.00M | $283.00M | $290.00M | $298.00M | $296.00M | $302.00M | $304.00M | $310.00M | $324.00M | $295.89M | $287.62M | $254.01M | $247.65M | $216.79M | $203.85M | $183.16M | $114.72M | $107.81M | $96.78M | $67.45M |
| Other Current Liabilities | $- | $377.00M | $613.00M | $3.08M | $2.61M | $124.00M | $6.54M | $- | $- | $168.62M | $- | $- | $- | $172.68M | $- | $- | $- | $132.07M | $- | $- |
| Total Current Liabilities | $2.01B | $1.96B | $921.00M | $874.00M | $902.00M | $898.00M | $852.00M | $880.00M | $883.00M | $856.01M | $905.22M | $703.21M | $681.93M | $702.73M | $596.56M | $511.08M | $495.10M | $438.33M | $370.13M | $320.51M |
| Long Term Debt | $200.00M | $- | $1.12B | $1.12B | $1.13B | $1.13B | $1.10B | $1.12B | $1.38B | $1.38B | $1.28B | $1.17B | $1.18B | $1.16B | $1.08B | $1.06B | $1.06B | $902.84M | $891.99M | $142.13M |
| Deferred Revenue Non-Current | $135.00M | $- | $159.00M | $170.00M | $183.00M | $196.00M | $216.00M | $236.00M | $232.00M | $267.51M | $299.62M | $159.41M | $186.64M | $162.93M | $174.48M | $135.32M | $22.42M | $21.01M | $23.08M | $6.87M |
| Deferred Tax Liabilities Non-Current | $5.00M | $73.00M | $8.00M | $10.00M | $6.00M | $6.00M | $5.00M | $6.00M | $17.00M | $16.29M | $23.58M | $1.33M | $211.00K | $183.43M | $310.63M | $127.78M | $102.37M | $-144.84M | $-141.54M | $-142.13M |
| Other Non-Current Liabilities | $- | $337.00M | $- | $- | $- | $9.37M | $8.77M | $- | $- | $508.00K | $12.98M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $340.00M | $410.00M | $1.29B | $1.30B | $1.32B | $1.33B | $1.33B | $1.36B | $1.62B | $1.66B | $1.61B | $1.33B | $1.36B | $1.50B | $1.57B | $1.32B | $1.19B | $923.85M | $915.07M | $148.99M |
| Other Liabilities | $- | $- | $- | $-318.83K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $2.35B | $2.37B | $2.21B | $2.17B | $2.22B | $2.23B | $2.18B | $2.24B | $2.51B | $2.52B | $2.51B | $2.03B | $2.04B | $2.21B | $2.17B | $1.84B | $1.68B | $1.36B | $1.29B | $469.50M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $230.00K | $- | $- |
| Common Stock | $9.83B | $9.63B | $9.47B | $9.37B | $9.28B | $9.20B | $9.10B | $9.02B | $8.89B | $8.75B | $8.65B | $8.24B | $8.15B | $8.04B | $7.93B | $7.84B | $7.76B | $6.12B | $6.04B | $4.86B |
| Retained Earnings | $947.00M | $1.63B | $336.00M | $-492.00M | $-663.00M | $-390.00M | $-1.05B | $-1.76B | $-454.00M | $-522.28M | $101.42M | $259.83M | $1.46B | $2.94B | $3.31B | $2.16B | $1.28B | $15.29M | $-108.59M | $-299.65M |
| Accumulated Other Comprehensive Income Loss | $-6.00M | $-10.00M | $-1.00M | $-5.00M | $-4.00M | $4.00M | $-6.00M | $4.00M | $-7.00M | $-16.47M | $-38.01M | $-9.12M | $413.00K | $-5.97M | $-5.89M | $3.30M | $6.05M | $8.77M | $-744.00K | $-4.93M |
| Other Total Stockholders Equity | $279.00M | $305.00M | $309.00M | $299.65M | $277.00M | $251.00M | $239.00M | $205.00M | $32.00M | $33.53M | $-23.41M | $221.86M | $174.57M | $161.07M | $136.02M | $118.40M | $92.91M | $261.44M | $251.06M | $73.58M |
| Total Stockholders Equity | $11.05B | $11.56B | $10.12B | $9.17B | $8.89B | $9.07B | $8.28B | $7.46B | $8.46B | $8.24B | $8.69B | $8.72B | $9.79B | $11.13B | $11.37B | $10.12B | $9.14B | $6.40B | $6.18B | $4.63B |
| Total Equity | $11.05B | $11.56B | $10.12B | $9.17B | $8.89B | $9.07B | $8.28B | $7.46B | $8.46B | $8.24B | $8.69B | $8.72B | $9.79B | $11.13B | $11.37B | $10.12B | $9.14B | $6.40B | $6.18B | $4.63B |
| Total Liabilities and Stockholders Equity | $13.40B | $13.92B | $12.33B | $11.34B | $11.11B | $11.30B | $10.46B | $9.70B | $10.96B | $10.76B | $11.20B | $10.75B | $11.83B | $13.34B | $13.54B | $11.96B | $10.82B | $7.76B | $7.46B | $5.10B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $13.40B | $13.92B | $12.33B | $11.34B | $11.11B | $11.30B | $10.46B | $9.70B | $10.96B | $10.76B | $11.20B | $10.75B | $11.83B | $13.34B | $13.54B | $11.96B | $10.82B | $7.76B | $7.46B | $5.10B |
| Total Investments | $9.36B | $9.98B | $8.52B | $7.76B | $7.58B | $7.97B | $7.31B | $6.30B | $5.40B | $5.36B | $5.98B | $5.60B | $7.49B | $9.01B | $9.77B | $8.19B | $6.72B | $3.86B | $3.20B | $2.12B |
| Total Debt | $1.14B | $1.13B | $1.14B | $1.14B | $1.15B | $1.15B | $1.12B | $1.13B | $1.40B | $1.40B | $1.30B | $1.19B | $1.20B | $1.17B | $1.10B | $1.08B | $1.08B | $912.89M | $902.99M | $153.12M |
| Net Debt | $-171.00M | $-372.00M | $-366.00M | $-404.00M | $-478.00M | $-263.00M | $-165.00M | $-477.00M | $-339.00M | $-252.72M | $-79.37M | $-2.16B | $-1.26B | $-1.33B | $-1.09B | $-1.29B | $-1.71B | $-1.79B | $-2.19B | $-1.73B |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $2.02B | $132.00M | $-3.46B | $2.91B | $319.51M |
| Depreciation and Amortization | $36.00M | $70.00M | $93.00M | $66.31M | $70.06M |
| Deferred Income Tax | $78.00M | $-1.00M | $-187.00M | $190.96M | $-44.80M |
| Stock Based Compensation | $430.00M | $615.00M | $549.00M | $330.76M | $246.94M |
| Change in Working Capital | $-166.00M | $195.00M | $-99.00M | $-129.64M | $-93.72M |
| Accounts Receivables | $-230.00M | $116.00M | $-128.00M | $-307.09M | $-29.15M |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- |
| Other Working Capital | $64.00M | $79.00M | $29.00M | $177.45M | $-64.57M |
| Other Non Cash Items | $-781.00M | $-67.00M | $2.97B | $-2.84B | $-73.03M |
| Net Cash Provided by Operating Activities | $1.62B | $944.00M | $-136.00M | $535.71M | $424.96M |
| Investments in Property Plant and Equipment | $-19.00M | $-39.00M | $-50.00M | $-50.79M | $-41.73M |
| Acquisitions Net | $-167.00M | $-395.00M | $-2.39B | $-709.86M | $-11.05M |
| Purchases of Investments | $-8.40B | $-5.84B | $-5.01B | $-7.34B | $-5.60B |
| Sales Maturities of Investments | $7.46B | $5.59B | $6.89B | $5.75B | $3.72B |
| Other Investing Activities | $-461.00M | $-559.00M | $-159.00M | $-31.28M | $-262.00K |
| Net Cash Used for Investing Activities | $-1.59B | $-1.24B | $-719.00M | $-2.38B | $-1.93B |
| Debt Repayment | $- | $- | $- | $- | $907.95M |
| Common Stock Issued | $- | $- | $- | $1.54B | $2.58B |
| Common Stock Repurchased | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- |
| Other Financing Activities | $61.00M | $60.00M | $18.00M | $108.59M | $70.81M |
| Net Cash Used Provided by Financing Activities | $61.00M | $60.00M | $18.00M | $1.65B | $3.56B |
| Effect of Forex Changes on Cash | $-6.00M | $4.00M | $-17.00M | $-7.00M | $3.22M |
| Net Change in Cash | $85.00M | $-236.00M | $-854.00M | $-200.60M | $2.05B |
| Cash at End of Period | $1.50B | $1.41B | $1.65B | $2.50B | $2.70B |
| Cash at Beginning of Period | $1.41B | $1.65B | $2.50B | $2.70B | $649.92M |
| Operating Cash Flow | $1.62B | $944.00M | $-136.00M | $535.71M | $424.96M |
| Capital Expenditure | $-19.00M | $-39.00M | $-50.00M | $-50.79M | $-41.99M |
| Free Cash Flow | $1.60B | $905.00M | $-186.00M | $484.92M | $382.96M |
Cash Flow Charts
| Breakdown | March 31, 2025 | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-682.00M | $1.29B | $828.00M | $171.00M | $-273.00M | $657.00M | $718.00M | $-1.31B | $68.00M | $-623.69M | $-159.00M | $-1.20B | $-1.47B | $-371.31M | $1.15B | $879.09M | $1.26B | $123.87M | $191.07M | $36.00M |
| Depreciation and Amortization | $8.00M | $8.00M | $8.00M | $10.00M | $10.00M | $10.00M | $13.00M | $17.00M | $30.00M | $29.82M | $29.00M | $16.00M | $17.00M | $22.24M | $13.60M | $14.66M | $15.80M | $17.89M | $17.87M | $19.93M |
| Deferred Income Tax | $-129.00M | $72.00M | $3.00M | $2.00M | $1.00M | $-3.00M | $-1.00M | $2.00M | $1.00M | $-5.34M | $-1.00M | $4.00M | $-184.00M | $-115.89M | $178.50M | $27.39M | $100.95M | $-47.60M | $19.33M | $-7.08M |
| Stock Based Compensation | $114.00M | $109.00M | $110.00M | $106.00M | $105.00M | $98.00M | $102.00M | $280.00M | $135.00M | $141.74M | $150.00M | $139.00M | $118.00M | $98.31M | $81.34M | $81.96M | $69.16M | $67.06M | $63.81M | $62.32M |
| Change in Working Capital | $- | $-27.00M | $-46.00M | $-72.00M | $-21.00M | $24.00M | $-27.00M | $94.00M | $104.00M | $181.72M | $17.00M | $-52.00M | $-87.00M | $118.85M | $-63.76M | $-153.77M | $-62.25M | $71.71M | $-76.90M | $23.91M |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $195.46M | $-170.42M | $-121.66M | $-31.29M | $-42.03M | $-122.02M | $-176.43M | $-39.06M | $-8.09M | $-2.07M | $-16.60M |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $- | $-27.00M | $-46.00M | $-72.00M | $-21.00M | $24.00M | $-27.00M | $94.00M | $104.00M | $-13.73M | $187.42M | $69.66M | $-55.71M | $160.88M | $58.27M | $22.66M | $-23.19M | $79.81M | $-74.82M | $40.52M |
| Other Non Cash Items | $- | $-840.00M | $-480.00M | $123.00M | $416.00M | $-338.00M | $-527.00M | $1.04B | $-238.00M | $531.13M | $-170.00M | $1.02B | $1.58B | $508.25M | $-1.32B | $-782.92M | $-1.25B | $12.43M | $-125.82M | $40.11M |
| Net Cash Provided by Operating Activities | $367.00M | $615.00M | $423.00M | $340.00M | $238.00M | $448.00M | $278.00M | $118.00M | $100.00M | $255.38M | $-134.00M | $-75.00M | $-25.00M | $260.46M | $41.87M | $66.42M | $135.68M | $245.37M | $89.36M | $175.19M |
| Investments in Property Plant and Equipment | $-4.00M | $-4.00M | $-2.00M | $-7.00M | $-6.00M | $-2.00M | $-2.00M | $-21.00M | $-14.00M | $-7.62M | $-14.00M | $-12.00M | $-16.00M | $-25.98M | $-11.36M | $-8.26M | $-5.19M | $-6.36M | $-10.05M | $-8.59M |
| Acquisitions Net | $-56.00M | $-26.00M | $-8.00M | $-132.00M | $-1.00M | $-260.00M | $- | $-14.00M | $-121.00M | $-5.02M | $-1.78B | $-146.00M | $-454.00M | $-17.49M | $-290.49M | $-195.32M | $-206.55M | $- | $-51.00K | $- |
| Purchases of Investments | $-1.72B | $-2.34B | $-2.09B | $-1.83B | $-2.14B | $-1.68B | $-1.78B | $-1.28B | $-1.10B | $-1.44B | $-1.53B | $-569.00M | $-1.46B | $-1.72B | $-1.47B | $-1.70B | $-2.44B | $-1.94B | $-1.69B | $-1.47B |
| Sales Maturities of Investments | $1.33B | $1.81B | $1.84B | $1.66B | $2.15B | $1.61B | $1.34B | $1.25B | $1.40B | $1.62B | $1.58B | $1.76B | $1.93B | $1.78B | $1.53B | $1.40B | $1.04B | $1.29B | $777.06M | $745.98M |
| Other Investing Activities | $-168.00M | $-102.00M | $-215.00M | $-114.00M | $-30.00M | $-13.00M | $-159.00M | $-204.00M | $-183.00M | $-158.68M | $-80.00M | $-50.00M | $-28.00M | $- | $- | $- | $- | $- | $- | $-10.04M |
| Net Cash Used for Investing Activities | $-619.00M | $-661.00M | $-474.00M | $-424.00M | $-27.00M | $-346.00M | $-606.00M | $-273.00M | $-19.00M | $2.00M | $-1.83B | $983.00M | $-32.00M | $20.11M | $-240.67M | $-508.85M | $-1.62B | $-661.28M | $-923.44M | $-747.12M |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.54B | $- | $1.12B | $1.46B |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $59.00M | $49.00M | $6.00M | $3.00M | $3.00M | $17.00M | $11.00M | $26.00M | $6.00M | $6.29M | $3.00M | $2.00M | $6.00M | $36.15M | $29.15M | $20.36M | $22.93M | $20.73M | $920.43M | $18.17M |
| Net Cash Used Provided by Financing Activities | $59.00M | $49.00M | $6.00M | $3.00M | $3.00M | $17.00M | $11.00M | $26.00M | $6.00M | $6.29M | $3.00M | $2.00M | $6.00M | $36.15M | $29.15M | $20.36M | $1.56B | $20.73M | $2.04B | $1.48B |
| Effect of Forex Changes on Cash | $- | $-12.00M | $11.00M | $-1.00M | $-4.00M | $7.00M | $-7.00M | $2.00M | $2.00M | $7.41M | $-13.00M | $-11.00M | $- | $-3.34M | $-5.41M | $1.17M | $577.00K | $8.90M | $3.53M | $5.82M |
| Net Change in Cash | $-189.00M | $-9.00M | $-34.00M | $-82.00M | $210.00M | $126.00M | $-324.00M | $-127.00M | $89.00M | $271.08M | $-1.97B | $899.00M | $-51.00M | $313.38M | $-175.06M | $-420.90M | $81.97M | $-386.29M | $1.21B | $913.00M |
| Cash at End of Period | $1.31B | $1.50B | $1.51B | $1.54B | $1.62B | $1.41B | $1.29B | $1.61B | $1.74B | $1.65B | $1.38B | $3.35B | $2.45B | $2.50B | $2.19B | $2.36B | $2.79B | $2.70B | $3.09B | $1.88B |
| Cash at Beginning of Period | $1.50B | $1.51B | $1.54B | $1.62B | $1.41B | $1.29B | $1.61B | $1.74B | $1.65B | $1.38B | $3.35B | $2.45B | $2.50B | $2.19B | $2.36B | $2.79B | $2.70B | $3.09B | $1.88B | $969.36M |
| Operating Cash Flow | $367.00M | $615.00M | $423.00M | $340.00M | $238.00M | $448.00M | $278.00M | $118.00M | $100.00M | $255.38M | $-134.00M | $-75.00M | $-25.00M | $260.46M | $41.87M | $66.42M | $135.68M | $245.37M | $89.36M | $175.19M |
| Capital Expenditure | $-4.00M | $-4.00M | $-2.00M | $-7.00M | $-6.00M | $-2.00M | $-2.00M | $-21.00M | $-14.00M | $-7.62M | $-14.00M | $-12.00M | $-16.00M | $-25.98M | $-11.36M | $-8.26M | $-5.19M | $-6.36M | $-10.05M | $-8.63M |
| Free Cash Flow | $363.00M | $611.00M | $421.00M | $333.00M | $232.00M | $446.00M | $276.00M | $97.00M | $86.00M | $247.76M | $-148.00M | $-87.00M | $-41.00M | $234.48M | $30.50M | $58.16M | $130.50M | $239.01M | $79.31M | $166.56M |
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.
$107.81
Stock Price
$140.18B
Market Cap
8.10K
Employees
Ottawa, ON
Location
Revenue (FY 2024)
$8.88B
25.8% YoY
Net Income (FY 2024)
$2.02B
1429.5% YoY
EPS (FY 2024)
$1.56
1460.0% YoY
Free Cash Flow (FY 2024)
$1.60B
76.5% YoY
Profitability
Gross Margin
50.4%
Net Margin
22.7%
ROE
17.5%
ROA
14.5%
Valuation
P/E Ratio
68.18
P/S Ratio
15.50
EV/EBITDA
123.56
Market Cap
$140.18B
Revenue & Net Income
Profit Margins
Cash Flow Summary
Operating Cash Flow
$1.62B
71.2% YoY
Free Cash Flow
$1.60B
76.5% YoY
Balance Sheet Summary
Total Assets
$13.92B
23.2% YoY
Total Debt
$1.13B
2.1% YoY
Shareholder Equity
$11.56B
26.2% YoY
Dividend Overview
No Dividend Data
Shopify Inc. doesn't currently pay dividends.
Shopify Dividends
Explore Shopify's dividend history, including dividend yield, payout ratio, and historical payments.
Shopify News
Read the latest news about Shopify, including recent articles, headlines, and updates.
Talon.One Brings Advanced Promotions and Loyalty Capabilities to Shopify Enterprise
BERLIN--(BUSINESS WIRE)--Talon.One has partnered with Shopify to become the only enterprise-grade promotions and loyalty engine to be integrated into the commerce platform provider – maximizing revenue opportunities for Shopify's largest Enterprise customers. Many large-scale global brands have complex discounting, incentive, and loyalty requirements. With Talon.One on board as a Premier Tier partner, Shopify has levelled up its promotions and loyalty capabilities, empowering brands to run inte.
Cathie Wood Is Buying This Top E-Commerce Stock That's Down 36%, and She Won't Stop Selling Palantir.
Following money manager Cathie Wood's stock trades can be an entertaining activity for the individual investor, and it can also provide some inspiration. She seeks out disruptive technology stocks for her firm, Ark Invest, which manages multiple exchange-traded funds (ETF).
5 Supercharged Growth Stocks I Bought During Last Month's Stock Market Crash
When President Trump announced the imposition of worldwide tariffs last month, the reaction from investors was swift and severe. Each of the major market indexes fell into correction territory -- marked by a decline of more than 10%.
3 Top Stocks to Buy With $5,000 Today and Hold Forever
Investing in the right growth stocks can help you build wealth for retirement. Companies that are seeing above-average growth in their businesses are usually in a competitively strong position that leads to years of compounding returns for shareholders.
Whalar Group Secures Strategic Investment From Marc Benioff, Shopify, and Neal H. Moritz to Power the Next Era of the Creator Economy
LOS ANGELES--(BUSINESS WIRE)--Whalar Group, the global Creator company on a mission to liberate the creative voice, announced today that they have secured strategic investment from a group of powerhouse investors: Marc Benioff the visionary founder of Salesforce, Shopify, and Neal H. Moritz the acclaimed Hollywood producer & founder of Original Film. Neil Waller, Co-CEO & Co-Founder, Whalar Group, said: “The Creator Economy is now mainstream. What started as mostly part-time influencers.
Baron Global Advantage Fund Q1 2025 Top Contributors And Detractors
Strong performance from Bajaj Finance and MercadoLibre drove quarterly gains, supported by robust growth, solid earnings, and management continuity. Cloudflare remains a high-conviction holding due to durable top-line growth, expanding product offerings, and a unique edge network for AI applications. Nvidia's stock correction was driven by AI adoption concerns, but we maintain high conviction given its differentiated platform and strong datacenter performance.
This Stock Skyrocketed 3,470% in 10 Years and Still Has Room to Grow
Focusing too much on the market's short-term volatility can cause investors to forget that broader equities tend to deliver strong returns over the long run. Zooming out always helps -- when looking at a chart of the performance of major indexes over long periods, even corrections look like relatively minor blips.
Shopify: As Trade Tensions Ease, Is the Stock a Buy?
Though its stock price dipped following the release of its first-quarter results on May 8, Shopify (SHOP 3.72%) shares have rallied sharply since news has come out that points to an easing of the intense trade tensions between the U.S. and China (at least for the short term). The stock is now up modestly on the year and has risen more than 80% over the past year, as of this writing.
Shopify: Great Execution, Sky High Valuation
Shopify's strong growth in B2B and international markets, along with new tools and expanded Shopify Payments, boosts revenue and merchant retention. Q1 FY25 revenue rose 27% YoY to $2.36 billion, with the merchant solutions segment contributing 74% of total revenue. Operating income doubled YoY to $203 million, but a $1.04 billion investment loss led to a net loss of $682 million.
Shopify vs. Etsy: Which E-Commerce Stock Has More Fuel for Growth?
Shopify SHOP and Etsy ETSY are strong players in the e-commerce industry. While Shopify is growing its presence in the e-commerce domain by offering user-friendly tools and an extensive app marketplace, ETSY is expanding its footprint by allowing various merchants to list and sell their unique and creative products across multiple categories through its marketplace platform.
Why Shopify Stock Jumped Today
Shares of e-commerce platform company Shopify (SHOP 12.75%) rose rapidly today on news that China and the U.S. are ratcheting down their trade war. Shopify's e-commerce technology is used by small businesses and large companies alike, so any slowdown to the economy because of tariffs would likely impact Shopify's business.
Can Shopify Stock Make a Comeback After an Earnings Sell-Off?
Trading around or near the time of a company's quarterly earnings can be daunting, since volatility is usually near the top of the range during the days leading up to and right after the announcements are made. However, some swings take place during this short period, giving investors the rare opportunity to get behind a significant move, one that carries a favorable risk-to-reward setup to be taken advantage of.
Shopify Inc to Join the Nasdaq-100 Index® Beginning May 19, 2025
NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that Shopify Inc. (Nasdaq: SHOP), will become a component of the Nasdaq-100 Index® (Nasdaq: NDX®) and the Nasdaq-100 Equal Weighted™ Index (Nasdaq: NDXE™) prior to market open on Monday, May 19, 2025. Shopify Inc. will replace MongoDB, Inc. (Nasdaq: MDB) in the Nasdaq-100 Index® and the Nasdaq-100 Equal Weighted™ Index.
S&P 500 INDEX (SPX) Live: Broader Markets Rise on Bullish Trade Optimism
Live Updates Live Coverage Has Ended Broader Market Stays Upbeat 1:13 pm by Gerelyn Terzo Stocks have added to their gains as the trade agreement between the U.S. and U.K. becomes semi-official, though the full details are still being finalized. Here’s where things stand as of early afternoon trading: Dow Jones Industrial Average: Up 623.60 (+1.5%) Nasdaq Composite: Up 331.08 (+1.8%) S&P 500: Up 80.73 (+1.4%) The S&P 500 has gained 1.8% over the past five days and is up 8.3% over the past month. Year-to-date, the broader market index has fallen approximately 3%. 'Jet Fuel' for Stocks 12:07 pm by Gerelyn Terzo Now that the Fed decided to leave interest rates unchanged for the time being, the White House has clapped back. President Trump expressed disappointment in Fed Chairman Jerome Powell for failing to follow in the footsteps of other countries by lowering interest rates in the economic slowdown, saying that a rate cut could be jet fuel to stocks. Nevertheless, the markets are holding onto gains, with the Dow Jones Industrial Average, Nasdaq Composite and S&P 500 each up over 1% as further trade details between the U.S. and the U.K. emerge. Also, the bitcoin price is hovering back above the $100,000 level on news of a deal involving crypto exchange Coinbase (Nasdaq: COIN). Winners and Losers 10:25 am by Gerelyn Terzo EPAM Systems (NYSE: EPAM) is gaining 15.6% today after reporting Q1 results and lifting its outlook. Axon Enterprise (Nasdaq: AXON) is tacking on 12.1% this morning on strong Q1 revenue performance. Fortinet (Nasdaq: FTNT) is down 11.2% after earnings. Molson Coors (NYSE: TAP) is losing 5.9% in mid-morning trading on disappointing Q1 results and outlook. This article will be updated throughout the day, so check back often for more daily updates. The markets are breathing a sigh of relief on positive trade developments. President Trump revealed a “comprehensive” trade agreement between the U.S. and the U.K., giving the major stock market averages a catalyst for gains as buying activity picks up. President Trump also hinted toward further progress to be revealed soon, helping stocks to hold their gains. After rising 200 points out of the gate, the Dow Jones Industrial Average has trimmed its gains while the S&P 500 and Nasdaq Composite remain fractionally higher. The SPX ETF is up 0.55%. Each of the Magnificent 7 stocks are seeing green today, including Tesla (Nasdaq: TSLA), which is adding 3% while Microsoft (Nasdaq: MSFT) advances by 1.6%. Google parent company Alphabet (Nasdaq: GOOGL) is recovering with a 1% gain after yesterday’s steep AI-driven sell-off in the stock. Alphabet stock was targeted yesterday after an Apple (Nasdaq: AAPL) executive forecast AI will replace traditional search engines. Here’s a look at the performance as of morning trading: Dow Jones Industrial Average: Up 186.88 (+0.45%) Nasdaq Composite: Up 118.62 (+0.70%) S&P 500: Up 26.63 (+0.47%) Market Movers Quantum computing stock D-Wave Quantum (NYSE: QBTS) is soaring by 22.1% on the heels of its Q1 earnings report. After generating $15 million in revenue, D-Wave’s results topped estimates and set a fresh record fore the company. Advanced Micro Devices (Nasdaq: AMD) is up 4.5% on positive regulatory tailwinds for the chip sector. On the flip side, ARM Holding stock is down 6.2% today after providing guidance that fell short. Shopify (NYSE: SHOP) was a winner yesterday but is shaving off nearly 5% of its value today after reporting a wider than expected Q1 net loss. AppLovin (Nasdaq: APP) stock is climbing 17% higher today after divesting its mobile games studio portfolio in an $800 million transaction. The AppLovin CEO stated that the company was “never a game developer at heart.” The post S&P 500 INDEX (SPX) Live: Broader Markets Rise on Bullish Trade Optimism appeared first on 24/7 Wall St..
Wall Street Bulls Look Optimistic About Shopify (SHOP): Should You Buy?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Shop Pay Grows 57% in Q1 as Shopify Says Wait and See on Tariffs
Macro uncertainty abounds, but Shopify's first-quarter earnings results showed double-digit growth in gross merchandise volumes (GMV) and a continued movement toward streamlined checkout online and further inroads made in offline commerce. Forward looking guidance anticipates an acceleration of top-line trends, but margins seemed to be investors' focus.
Live Nasdaq Composite: Markets Rise on Trade-Deal Promise
Live Updates Live Coverage Updates appear automatically as they are published. Jet Fuel 12:02 pm by Gerelyn Terzo After the Fed decided to leave interest rates unchanged, the White House is responding. President Trump was disappointed Fed Chairman Jerome Powell did not lower interest rates like other countries have been doing, saying that a rate cut would be jet fuel to the stock market. The markets remain higher across the board with gains of over 1% each for the Dow Jones Industrial Average, Nasdaq Composite and S&P 500 as further trade details between the U.S. and the U.K. emerge. This AI-Powered Stock Is Up 5% Today 11:06 am by Gerelyn Terzo BigBear.ai (NYSE: BBAI), which provide AI intelligence to the defense sector, is gaining nearly 5% in today’s session to $3.19 per share. The company is partnering with Hardy Dynamics for a U.S. Army project that introduces AI and Machine Learning technology to future warfighting, strengthening its industry position and paving the way for future contracts. Earnings Update 10:00 am by Gerelyn Terzo Restaurant Brands International’s (NYSE: QSR) Q1 earnings missed Wall Street estimates on both the top and bottom lines. The company’s brands including Popeyes, Burger King and Tim Hortons suffered same-store sales declines. Restaurant Brands has already observed a turnaround in the current quarter. This article will be updated throughout the day, so check back often for more daily updates. The markets are celebrating the latest development on the tariff front. President Trump has announced a “comprehensive” trade agreement between the U.S. and the U.K., sending all three of the major stock market averages higher in early morning trading. President Trump also tipped his hand toward further announcements in the pipeline for today, injecting greater optimism into these uncertain markets. Marked by a 200-point gain in the Dow Jones Industrial Average, the markets are seeing green, including a 1% rise in the tech-heavy Nasdaq Composite. Each of the Magnificent 7 stocks are trading higher today, as Tesla (Nasdaq: TSLA) recoups about 3% while Microsoft (Nasdaq: MSFT) advances by 1.6%). Google parent company Alphabet (Nasdaq: GOOGL) regained its composure and is rising 1% after yesterday’s steep AI-driven sell-off in the stock. Alphabet stock was caught in the crosshairs yesterday after an Apple (Nasdaq: AAPL) executive predicted AI will muscle search engines out of the picture. Here’s a look at the performance as of morning trading: Dow Jones Industrial Average: Up 238.81 (+0.58%) Nasdaq Composite: Up 162.24 (+0.91%) S&P 500: Up 33.87 (+0.60%) Market Movers Quantum computing stock D-Wave Quantum (NYSE: QBTS) is ballooning by 22.1% today after reporting Q1 results. At $15 million in revenue, D-Wave’s results topped estimates and set a fresh record for the company. Advanced Micro Devices (Nasdaq: AMD) is rising 4.5% on the day amid reports of friendlier regulatory guardrails for the chip sector. ARM Holding stock is down 6.2% today due to a disappointing outlook attached to its fiscal Q4 earnings report. Shopify (NYSE: SHOP) was one of yesterday’s winners alongside Netflix (Nasdaq: NFLX) but is shaving off 4.8% of its value today after reporting a wider than expected Q1 net loss. AppLovin (Nasdaq: APP) stock is soaring by 17% today after offloading its mobile games studio portfolio in an $800 million deal. The AppLovin CEO said the company was “never a game developer at heart.” The post Live Nasdaq Composite: Markets Rise on Trade-Deal Promise appeared first on 24/7 Wall St..
Shopify Inc. (SHOP) Q1 2025 Earnings Call Transcript
Shopify Inc. (NASDAQ:SHOP ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Carrie Gillard - Director, IR Harley Finkelstein - President Jeff Hoffmeister - CFO Conference Call Participants Samad Samana - Jefferies Martin Toner - ATB Rob Wildhack - Autonomous Bhavin Shah - Deutsche Bank Michael Morton - MoffettNathanson Keith Weiss - Morgan Stanley Tim Chiodo - UBS Dominic Ball - Redburn Atlantic Carrie Gillard Good morning, and thank you for joining Shopify's First Quarter 2025 Conference Call. I'm Carrie Gillard, Head of Investor Relations, and joining us today are Harley Finkelstein, Shopify's President; and Jeff Hoffmeister, our CFO.
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