SHOPShopify Inc. Class A subordinate voting sharesNASDAQInformation Technology
$142.34$-5.40 -3.66%Sep 24, 2026 close
| METRIC | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Period Ending | — | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Revenue | ||||
| Revenue | $13.3B | $11.6B | $8.88B | $7.06B |
| Cost of Revenue | $6.93B | $6.00B | $4.41B | $3.55B |
| Gross Profit | $6.34B | $5.56B | $4.47B | $3.52B |
| Operating | ||||
| Operating Income | $1.84B | $1.47B | $1.08B | -$1.42B |
| EBITDA | $1.87B | $1.50B | $1.11B | -$1.35B |
| Pre-Tax Income | — | $1.51B | $2.23B | $185M |
| Income Tax Expense | $413M | $278M | $209M | $53.0M |
| Net Income | $1.93B | $1.23B | $2.02B | $132M |
| Per Share | ||||
| EPS (Basic) | $1.98 | $0.95 | $1.57 | $0.10 |
| EPS (Diluted) | $1.98 | $0.94 | $1.55 | $0.10 |
| Shares Basic | 972M | 1.30B | 1.29B | 1.28B |
| Shares Diluted | 975M | 1.30B | 1.30B | 1.30B |
| Dividend Per Share | — | — | — | — |
| Margins | ||||
| Gross Margin | +47.8% | +48.1% | +50.4% | +49.8% |
| EBIT Margin | +13.9% | +12.7% | +12.1% | -20.1% |
| EBITDA Margin | +14.1% | +13.0% | +12.5% | -19.1% |
| Net Margin | +14.5% | +10.7% | +22.7% | +1.9% |
| Effective Tax Rate | — | +18.4% | +9.4% | +28.6% |
| Growth | ||||
| Revenue Growth | — | +30.1% | +25.8% | +26.1% |
| Net Income Growth | — | -39.0% | +1429.5% | +103.8% |
| EPS Growth | — | -39.4% | +1450.0% | +103.7% |
| Share Count Change | — | +0.3% | +0.5% | +2.3% |
| Free Cash Flow | ||||
| Free Cash Flow | $2.35B | $2.01B | $1.60B | $905M |
| FCF Per Share | $2.41 | $1.54 | $1.23 | $0.70 |
| FCF Margin | +17.7% | +17.4% | +18.0% | +12.8% |
| FCF Growth | — | +25.7% | +76.5% | +586.6% |