Shopify
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Shopify's past years’ income statements indicate that its last revenue has increased compared to the previous period by 31% to $7,060,000,000. The net income raised on $132,000,000 and profit margin reached 2%. Total operating expenses were $4,933,000,000.
Profit Margin
| 2014 | 105.01M | -22.31M | -21.24% |
|---|---|---|---|
| 2015 | 189.02M | -17.30M | -9.16% |
| 2016 | 389.33M | -35.35M | -9.08% |
| 2017 | 697.51M | -41.43M | -5.94% |
| 2018 | 1.07B | -64.55M | -6.01% |
| 2019 | 1.61B | -127.74M | -7.91% |
| 2020 | 3.08B | 336.38M | 10.91% |
| 2021 | 4.57B | 2.88B | 63.2% |
| 2022 | 5.37B | -3.32B | -61.79% |
| 2023 | 7.06B | 132M | 1.87% |
0VHA.L Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 7.06B | 5.37B | 4.57B | 3.08B | 1.61B | 1.07B | 697.51M | 389.33M | 189.02M | 105.01M |
Cost of revenue | 3.54B | 2.76B | 2.15B | 1.50B | 746.06M | 476.96M | 313.27M | 179.83M | 87.84M | 43.22M |
Gross profit | 3.51B | 2.60B | 2.41B | 1.58B | 868.79M | 596.26M | 384.24M | 209.49M | 101.17M | 61.79M |
Operating exp. | ||||||||||
Research and development | 1.73B | 1.41B | 839.08M | 558.84M | 352.19M | 234.50M | 135.75M | 75.75M | 36.03M | 27.54M |
Selling and marketing | 1.18B | 1.21B | 895.82M | 596.33M | 472.84M | 347.94M | 224.80M | 128.72M | 70.12M | 45.92M |
Total operating expenses | 4.93B | 3.24B | 2.09B | 1.44B | 1.00B | 690.25M | 438.69M | 246.38M | 117.98M | 84.16M |
Operating income | -1.41B | -637.84M | 324.62M | 135.99M | -139.12M | -91.92M | -54.44M | -37.16M | -16.80M | -21.61M |
Other income (expenses), net | 1.60B | -2.84B | 2.78B | 117.06M | 41.08M | 27.36M | 13.01M | 1.81M | -1.47M | -696K |
Income before tax | 185M | -3.47B | 3.11B | 253.06M | -98.04M | -64.55M | -41.43M | -35.35M | -18.28M | -22.31M |
Income tax expense | 53M | -155.99M | 223.94M | -83.32M | 29.70M | 0 | -3 | 0 | -974.42K | 0 |
Net income | 132M | -3.32B | 2.88B | 336.38M | -127.74M | -64.55M | -41.43M | -35.35M | -17.30M | -22.31M |
Earnings per share | ||||||||||
Basic EPS | 0.1 | -2.62 | 2.32 | 0.28 | -0.11 | -0.06 | -0.04 | -0.04 | -0.02 | -0.05 |
Diluted EPS | 0.1 | -2.62 | 2.27 | 0.27 | -0.11 | -0.06 | -0.04 | -0.04 | -0.02 | -0.05 |
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