Shopify
$151.39Change from previous close: +1.54%Absolute change: +$2.30
At a glance
- Revenue growth
- +30.14%
- 2025 vs 2024
- Net income growth
- −39.03%
- 2025 vs 2024
- Net margin
- 10.7%
- 2024: 22.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 15,189 | 13,924 | 11,299 | 10,757 | 13,340 | 7,763 | 3,489 | 2,255 | 1,114 | 491 |
| Current assets | 8,296 | 7,254 | 6,275 | 6,050 | 8,539 | 6,878 | 2,742 | 2,129 | 1,026 | 423 |
| Cash and equivalents | 1,545 | 1,498 | 1,413 | 1,649 | 2,503 | 2,704 | 650 | 411 | 142 | 84.0 |
| Short-term investments | 4,302 | 4,016 | 3,626 | 3,438 | 5,287 | 3,694 | 1,818 | 1,569 | 802 | 311 |
| Receivables | 1,995 | 1,395 | 964 | 487 | 267 | 219 | 120 | 57.3 | 21.9 | 9.6 |
| Inventory | 21.0 | 26.0 | 19.0 | — | — | — | — | — | — | — |
| Net property, plant and equipment | 141 | 140 | 147 | 486 | 302 | 211 | 246 | 61.6 | 50.4 | 45.7 |
| Goodwill | 491 | 452 | 427 | 1,836 | 357 | 312 | 312 | 38.0 | 20.3 | 15.5 |
| Other intangible assets | 30.0 | 22.0 | 29.0 | 390 | 138 | 136 | 167 | 26.1 | 17.2 | 6.4 |
| Long-term investments | 6,159 | 5,998 | 4,377 | 1,954 | 3,956 | 173 | 2.5 | — | — | — |
| Current liabilities | 1,392 | 1,956 | 898 | 856 | 703 | 438 | 316 | 139 | 94.8 | 66.5 |
| Accounts payable | 570 | 360 | 364 | 364 | 284 | 169 | 90.5 | 61.3 | 44.3 | 34.3 |
| Long-term debt | — | — | 916 | 913 | 911 | 758 | — | — | — | — |
| Total debt | 188 | 1,126 | 1,150 | 1,396 | 1,173 | 913 | 152 | — | — | — |
| Total liabilities | 1,716 | 2,366 | 2,233 | 2,518 | 2,207 | 1,362 | 474 | 164 | 112 | 80.1 |
| Total equity (incl. minority) | 13,473 | 11,558 | 9,066 | 8,239 | 11,133 | 6,401 | 3,016 | 2,091 | 1,001 | 410 |
| Retained earnings | 2,860 | 1,629 | -390 | -522 | 2,938 | 15.3 | -304 | -188 | -123 | -83.2 |