Shopify annual gross profit
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Shopify Gross Profit Growth & History (SHOP)
Shopify's gross profit was $5.55B for fiscal 2025.
View full Shopify company overviewShopify annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $5.55B | $1.08B | +24.22% |
| 2024 | 2024-12-31 | $4.47B | $957.0M | +27.23% |
| 2023 | 2023-12-31 | $3.52B | $761.0M | +27.63% |
| 2022 | 2022-12-31 | $2.75B | $272.9M | +11.00% |
| 2021 | 2021-12-31 | $2.48B | $939.6M | +60.95% |
| 2020 | 2020-12-31 | $1.54B | $675.9M | +78.08% |
| 2019 | 2019-12-31 | $865.6M | $269.4M | +45.18% |
| 2018 | 2018-12-31 | $596.3M | $216.0M | +56.81% |
| 2017 | 2017-12-31 | $380.3M | $170.8M | +81.51% |
| 2016 | 2016-12-31 | $209.5M | $96.2M | +84.98% |
| 2015 | 2015-12-31 | $113.3M | $51.5M | +83.28% |
| 2014 | 2014-12-31 | $61.8M | $25.1M | +68.20% |
| 2013 | 2013-12-31 | $36.7M | — | — |
Shopify quarterly gross profit
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.71B | $406.0M | +31.18% |
| Q1 2026 | 2026-03-31 | $1.55B | $377.0M | +32.25% |
| Q4 2025 | 2025-12-31 | $1.69B | $341.0M | +25.22% |
| Q3 2025 | 2025-09-30 | $1.39B | $273.0M | +24.42% |
| Q2 2025 | 2025-06-30 | $1.30B | $257.0M | +24.59% |
| Q1 2025 | 2025-03-31 | $1.17B | $212.0M | +22.15% |
| Q4 2024 | 2024-12-31 | $1.35B | — | — |
| Q3 2024 | 2024-09-30 | $1.12B | — | — |
| Q2 2024 | 2024-06-30 | $1.04B | — | — |
| Q1 2024 | 2024-03-31 | $957.0M | — | — |
Shopify gross profit trends
Over the last five fiscal years, Shopify's gross profit increased from $1.54B to $5.55B, a change of $4.01B. The latest reported quarter, Q2 2026, shows $1.71B.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Shopify source filings ↗