Shopify Inc. Class A Subordinate Voting Shares Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
7,060M
26.07%
3,545M
3,515M
3,593M
491M
1,730M
89M
0M
185M
53M
132M
-103.81%
7,138M
241M
-88M
70M
-158M
5,600M
21.42%
2,846M
2,754M
3,576M
708M
1,503M
-822M
1M
-3,623M
-162M
-3,460M
-218.72%
6,422M
76M
-732M
91M
-822M
4,612M
57.43%
2,131M
2,481M
2,213M
375M
854M
269M
1M
3,141M
226M
2,915M
812.23%
4,343M
12M
335M
66M
269M
2,929M
85.63%
1,388M
1,542M
1,451M
245M
552M
90M
9M
240M
-79M
320M
-355.93%
2,839M
14M
160M
70M
90M
1,578M
47.05%
713M
866M
1,007M
179M
355M
-141M
45M
-96M
29M
-125M
93.39%
1,719M
48M
-105M
36M
-141M
1,073M
59.40%
477M
596M
688M
107M
231M
-92M
0M
-65M
0M
-65M
61.40%
1,165M
29M
-63M
27M
-90M
673M
72.94%
293M
380M
429M
68M
136M
-49M
0M
-40M
0M
-40M
13.12%
722M
8M
-26M
23M
-49M
389M
89.70%
180M
209M
247M
43M
74M
-37M
0M
-35M
0M
-35M
88.16%
426M
2M
-23M
0M
-37M
205M
95.43%
94M
111M
129M
19M
40M
-18M
0M
-19M
0M
-19M
-15.78%
223M
0M
-11M
0M
-18M
105M
108.98%
43M
62M
83M
12M
26M
-22M
0M
-22M
0M
-22M
361.26%
127M
0M
-16M
0M
-21M
50M
111.92%
14M
37M
41M
4M
14M
-4M
0M
-5M
0M
-5M
292.61%
55M
0M
-2M
0M
-4M
24M
-
5M
19M
20M
2M
6M
-2M
0M
-1M
0M
-1M
292.61%
25M
0M
-1M
0M
-2M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
2,144M
23.58%
1,082M
1,062M
773M
100M
311M
205M
0M
682M
25M
657M
-205.18%
1,855M
68M
-74M
10M
-84M
1,714M
25.46%
813M
901M
779M
137M
313M
122M
0M
728M
10M
718M
-553.26%
1,592M
63M
-418M
13M
-431M
1,694M
30.80%
859M
835M
1,131M
131M
648M
-1,636M
0M
-1,301M
10M
-1,311M
8.90%
1,990M
58M
784M
17M
767M
1,508M
25.29%
791M
717M
910M
123M
458M
-193M
486M
76M
8M
68M
-104.61%
1,701M
52M
-381M
29M
-193M
1,735M
25.72%
936M
799M
987M
215M
441M
-189M
0M
-615M
9M
-625M
68.22%
1,924M
39M
-189M
30M
-219M
1,366M
21.58%
704M
662M
1,008M
255M
412M
-345M
0M
-157M
1M
-158M
-113.79%
1,712M
20M
-297M
28M
-345M
1,295M
15.69%
639M
656M
846M
130M
347M
-190M
0M
-1,198M
6M
-1,204M
-236.95%
1,485M
12M
-162M
16M
-190M
1,204M
21.74%
566M
638M
736M
108M
304M
-98M
0M
-1,653M
-178M
-1,474M
-217.16%
1,302M
5M
-76M
17M
-98M
1,380M
41.14%
687M
693M
678M
101M
274M
14M
1M
-489M
-117M
-371M
-399.75%
1,366M
4M
14M
22M
-8M
1,124M
46.43%
515M
609M
613M
129M
221M
-4M
1M
1,340M
192M
1,148M
501.06%
1,128M
4M
14M
14M
0M
1,119M
56.71%
499M
621M
481M
78M
184M
139M
0M
919M
40M
879M
2,342.06%
980M
2M
157M
15M
142M
989M
110.35%
430M
559M
440M
67M
176M
119M
1M
1,370M
111M
1,258M
-4,104.09%
870M
2M
138M
16M
122M
978M
93.55%
473M
504M
392M
65M
159M
113M
7M
110M
-14M
124M
15,966.41%
865M
-5M
113M
18M
95M
767M
96.49%
362M
405M
355M
52M
143M
51M
1M
186M
-5M
191M
-362.51%
717M
3M
72M
18M
54M
714M
97.34%
339M
375M
375M
83M
133M
0M
0M
4M
-32M
36M
-225.52%
714M
6M
22M
20M
2M
470M
46.65%
213M
257M
330M
45M
116M
-73M
10M
-60M
-29M
-31M
30.14%
543M
10M
-62M
14M
-76M
505M
46.91%
241M
264M
294M
59M
103M
-30M
0M
-19M
-19M
1M
-150.92%
535M
12M
-30M
13M
-43M
391M
44.61%
174M
217M
252M
45M
90M
-36M
0M
-24M
48M
-73M
213.94%
426M
12M
-26M
9M
-35M
362M
47.77%
157M
205M
244M
40M
86M
-40M
0M
-29M
0M
-29M
19.73%
402M
12M
-31M
7M
-38M
320M
49.52%
140M
180M
216M
35M
76M
-36M
0M
-24M
0M
-24M
51.87%
356M
12M
-35M
7M
-42M
344M
54.33%
158M
186M
195M
33M
67M
-9M
0M
-2M
0M
-2M
-49.31%
353M
0M
-9M
6M
-15M
270M
57.51%
120M
150M
181M
28M
62M
-31M
0M
-23M
0M
-23M
147.16%
301M
0M
-25M
6M
-31M
245M
61.53%
108M
137M
168M
26M
54M
-31M
0M
-24M
0M
-24M
70.73%
276M
0M
-23M
7M
-31M
214M
68.27%
90M
124M
144M
21M
48M
-20M
0M
-16M
0M
-16M
16.94%
235M
0M
-13M
8M
-20M
223M
70.89%
102M
121M
127M
20M
40M
-6M
0M
-3M
0M
-3M
-66.31%
229M
0M
-6M
8M
-14M
171M
72.18%
71M
100M
113M
18M
36M
-13M
0M
-9M
0M
-9M
2.85%
184M
0M
-7M
6M
-13M
152M
75.03%
65M
87M
103M
15M
33M
-16M
0M
-14M
0M
-14M
66.25%
168M
0M
-11M
5M
-16M
127M
75.16%
55M
72M
87M
15M
27M
-14M
0M
-14M
0M
-14M
52.29%
142M
0M
-10M
5M
-14M
130M
85.80%
62M
68M
77M
14M
24M
-9M
0M
-9M
0M
-9M
40.59%
140M
0M
-9M
4M
-14M
100M
88.64%
47M
52M
62M
10M
19M
-9M
0M
-9M
0M
-9M
95.83%
109M
0M
-6M
4M
-9M
87M
92.87%
40M
46M
55M
9M
17M
-9M
0M
-8M
0M
-8M
156.04%
95M
0M
-6M
3M
-9M
73M
94.71%
33M
39M
49M
7M
14M
-10M
0M
-9M
0M
-9M
97.11%
82M
0M
-7M
3M
-10M
70M
99.46%
35M
36M
42M
6M
14M
-7M
0M
-6M
0M
-6M
31.45%
77M
0M
-7M
2M
-9M
53M
93.03%
24M
29M
33M
5M
10M
-4M
0M
-5M
0M
-5M
9.11%
57M
0M
-2M
2M
-4M
45M
89.72%
20M
25M
29M
4M
9M
-3M
0M
-3M
0M
-3M
-52.09%
48M
0M
-2M
2M
-4M
37M
98.55%
16M
22M
25M
4M
7M
-3M
0M
-5M
0M
-5M
-28.83%
41M
0M
-1M
1M
-2M
35M
98.38%
16M
20M
24M
5M
7M
-4M
0M
-5M
0M
-5M
-0.81%
40M
0M
-3M
1M
-4M
27M
-
11M
16M
20M
2M
7M
-4M
0M
-4M
0M
-4M
-0.81%
31M
0M
-3M
1M
-4M
24M
122.79%
9M
14M
21M
2M
7M
-7M
0M
-7M
0M
-7M
2,663.05%
31M
0M
-6M
1M
-7M
19M
105.51%
7M
12M
18M
2M
6M
-6M
0M
-6M
0M
-6M
-2,656.22%
25M
0M
-5M
1M
-6M
18M
-
6M
38M
55M
14M
6M
-4M
0M
-5M
0M
-5M
-2,656.22%
2M
0M
0M
0M
-4M
13M
-
3M
0M
0M
11M
4M
0M
0M
0M
0M
0M
-2,656.22%
0M
0M
0M
0M
0M
11M
-
2M
0M
0M
8M
3M
0M
0M
0M
0M
0M
-2,656.22%
0M
0M
0M
0M
0M
9M
-
2M
0M
0M
7M
2M
1M
0M
0M
0M
0M
-2,656.22%
0M
0M
0M
0M
0M