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Shopify Inc. FY2025 income statement | Sankey It
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Shopify Inc. FY2025 income statement
USD · fiscal year ended 2025-12-31
FY2025
FY2024
FY2023
FY2022
FY2021
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Shopify Inc. FY2025 income statement
Flow diagram with 9 nodes and 8 flows for Shopify Inc. FY2025 income statement. Values: Service US$8.8B, Subscription and Circulation US$2.8B, Revenue US$11.6B, Cost of Revenue US$6B, Gross Profit US$5.6B, Operating Expenses US$4.1B, Operating Income US$1.5B, Tax US$278M, Net Income US$1.2B.
Service
US$8.8B
+35% Y/Y
76% of revenue
Subscription and Circulation
US$2.8B
+17% Y/Y
24% of revenue
Revenue
US$11.6B
+30% Y/Y
Cost of Revenue
(US$6B)
+36% Y/Y
52% of revenue
Gross Profit
US$5.6B
+24% Y/Y
48% margin
Operating Expenses
(US$4.1B)
+20% Y/Y
35% of revenue
Operating Income
US$1.5B
+37% Y/Y
13% margin
Tax
(US$278M)
+33% Y/Y
2% of revenue
Net Income
US$1.2B
-39% Y/Y
11% margin
Net / profit
Inputs
Tax / cost
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