Shopify Inc. splits its revenue into 3 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Services at $8.8 billion, 76% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2022
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
14,167
|
11,556
|
8,880
|
7,060
|
5,600
|
4,612
|
2,929
|
1,578
|
1,073
|
—
|
—
|
| Services |
11,002
+36.6%
share 77.7%
|
8,804
+34.8%
share 76.2%
|
6,530
share 73.5%
|
5,223
+59.7%
share 74.0%
|
4,112
+25.8%
share 73.4%
|
3,270
+61.8%
share 70.9%
|
2,021
+115.9%
share 69.0%
|
936
+53.9%
share 59.3%
|
608
share 56.7%
|
—
|
—
|
| Subscription And Circulation |
3,165
+19.8%
share 22.3%
|
2,752
+17.1%
share 23.8%
|
2,350
share 26.5%
|
1,837
+36.9%
share 26.0%
|
1,488
+10.9%
share 26.6%
|
1,342
+47.7%
share 29.1%
|
909
+41.5%
share 31.0%
|
642
+38.1%
share 40.7%
|
465
share 43.3%
|
—
|
—
|
| Service Portion Attributed To Effective Interest Rate |
—
|
—
|
—
|
—
|
—
|
19
+60.2%
share 0.4%
|
12
share 0.4%
|
—
|
—
|
—
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Services-Prepackaged Software (SIC 7372)
- Listed as
- SHOP (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Canada (Federal Level)
- Headquarters
- Ottawa
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1594805
Other Services-Prepackaged Software companies
- Microsoft Corp MSFT
- Palantir Technologies Inc. PLTR
- Oracle Corp ORCL
- Sap SE SAP
- CrowdStrike Holdings, Inc. CRWD
- Salesforce, Inc. CRM
- ServiceNow, Inc. NOW
- Snowflake Inc. SNOW
Source: SEC EDGAR filings. This is company-reported data, not investment advice.