SHOPIFY INC. (SHOP) Income statement

Top 20 of 28 line items reported by SHOP · 250+ in the full API →

SHOPIFY INC. (SHOP) · Income Statement

Consolidated Statements of Operations

Annual · In millions USD, except per-share data · Latest filed Feb 11, 2026 · FY ends Dec 31

Fiscal Years Ended
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
Trend
Total Revenue$11,556$8,880$7,060$5,600
Cost of Revenue6,0014,4083,5452,846
Gross Profit$5,555$4,472$3,515$2,754
Other Operating Expenses4,0873,3974,9333,576
Total Operating Expenses10,0887,8054,9333,576
Operating Income$1,468$1,075$(1,418)$(822)
EBIT (Earnings Before Interest & Tax)1,4681,075(1,418)(822)
Add: Depreciation & Amortization31367093
EBITDA (Non-GAAP)$1,499$1,111$(1,348)$(729)
Interest Income33130824175
Interest Expense-331-308-241-3
Foreign Exchange Gain (Loss)26(8)1(2)
Non-Operating Income (Expense)$41$1,153$1,603$(2,801)
Income Before Taxes (EBT)$1,509$2,228$185$(3,623)
Provision for Income Taxes27820953(163)
Effective Tax Rate18.4%9.4%28.6%4.5%
Net Income$1,231$2,019$132$(3,460)
Shares Outstanding1,2991,2901,2821,266
Diluted Earnings Per Share$0.94$1.55$0.10($2.73)
Gross Margin48.1%50.4%49.8%49.2%
8 more line items available via the API
Research & DevelopmentSales, General & AdministrativeAsset Impairment ChargesDiluted Shares OutstandingBasic Earnings Per ShareOperating MarginOther OpEx MarginNet Margin
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