Financial Snapshot

Revenue
$8.212B
TTM
Gross Margin
50.94%
TTM
Net Earnings
$1.384B
TTM
Current Assets
$6.541B
Q3 2024
Current Liabilities
$1.109B
Q3 2024
Current Ratio
589.81%
Q3 2024
Total Assets
$12.33B
Q3 2024
Total Liabilities
$2.211B
Q3 2024
Book Value
$10.12B
Q3 2024
Cash
$1.507B
Q3 2024
P/E
105.9
Nov 29, 2024 EST
Free Cash Flow
$1.432B
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $7.060B $5.600B $4.612B $2.930B $1.578B $1.073B $673.3M $389.3M $205.2M $105.0M $50.30M $23.70M
YoY Change 26.07% 21.42% 57.43% 85.62% 47.06% 59.39% 72.95% 89.72% 95.43% 108.75% 112.24%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $7.060B $5.600B $4.612B $2.930B $1.578B $1.073B $673.3M $389.3M $205.2M $105.0M $50.30M $23.70M
Cost Of Revenue $3.545B $2.846B $2.131B $1.388B $712.5M $477.0M $293.1M $179.8M $92.00M $43.20M $13.50M $4.800M
Gross Profit $3.515B $2.754B $2.481B $1.542B $865.6M $596.3M $380.3M $209.5M $113.3M $61.80M $36.70M $18.90M
Gross Profit Margin 49.79% 49.18% 53.8% 52.62% 54.85% 55.56% 56.48% 53.81% 55.21% 58.86% 72.96% 79.75%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Selling, General & Admin $1.848B $1.872B $1.306B $822.8M $643.1M $451.1M $289.0M $167.5M $89.50M $56.30M $26.90M $13.70M
YoY Change -1.26% 43.28% 58.75% 27.94% 42.56% 56.09% 72.54% 87.15% 58.97% 109.29% 96.35%
% of Gross Profit 52.57% 67.95% 52.65% 53.38% 74.3% 75.65% 75.99% 79.95% 78.99% 91.1% 73.3% 72.49%
Research & Development $1.717B $1.485B $834.0M $532.3M $346.8M $225.7M $131.0M $71.80M $38.10M $24.60M $13.20M $6.100M
YoY Change 15.59% 78.11% 56.68% 53.49% 53.66% 72.29% 82.45% 88.45% 54.88% 86.36% 116.39%
% of Gross Profit 48.85% 53.94% 33.61% 34.53% 40.06% 37.85% 34.45% 34.27% 33.63% 39.81% 35.97% 32.28%
Depreciation & Amortization $70.00M $90.52M $66.31M $70.10M $35.70M $27.10M $23.40M $14.00M $7.200M $4.700M $1.800M $800.0K
YoY Change -22.67% 36.51% -5.41% 96.36% 31.73% 15.81% 67.14% 94.44% 53.19% 161.11% 125.0%
% of Gross Profit 1.99% 3.29% 2.67% 4.55% 4.12% 4.54% 6.15% 6.68% 6.35% 7.61% 4.9% 4.23%
Operating Expenses $3.593B $3.395B $2.182B $1.393B $1.007B $688.1M $429.4M $246.7M $131.0M $83.40M $41.00M $20.40M
YoY Change 5.83% 55.57% 56.67% 38.36% 46.32% 60.25% 74.06% 88.32% 57.07% 103.41% 100.98%
Operating Profit -$78.00M -$641.0M $298.8M $148.5M -$141.2M -$91.80M -$49.10M -$37.20M -$17.70M -$21.60M -$4.300M -$1.500M
YoY Change -87.83% -314.53% 101.2% -205.17% 53.81% 86.97% 31.99% 110.17% -18.06% 402.33% 186.67%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Interest Expense $1.603B -$2.801B $2.872B $150.2M $45.30M $27.40M $9.200M $1.800M -$1.000M -$600.0K -$500.0K $300.0K
YoY Change -157.24% -197.51% 1812.08% 231.57% 65.33% 197.83% 411.11% -280.0% 66.67% 20.0% -266.67%
% of Operating Profit 961.2% 101.14%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Pretax Income $185.0M -$3.623B $3.141B $240.4M -$95.80M -$64.60M -$40.00M -$35.40M -$18.80M -$22.30M -$4.800M -$1.200M
YoY Change -105.11% -215.36% 1206.4% -350.94% 48.3% 61.5% 12.99% 88.3% -15.7% 364.58% 300.0%
Income Tax $53.00M -$162.4M $225.9M -$79.10M $29.00M
% Of Pretax Income 28.65% 7.19% -32.9%
Net Earnings $133.0M -$3.460B $2.915B $319.5M -$124.8M -$64.60M -$40.00M -$35.40M -$18.80M -$22.30M -$4.800M -$1.200M
YoY Change -103.84% -218.72% 812.26% -356.01% 93.19% 61.5% 12.99% 88.3% -15.7% 364.58% 300.0%
Net Earnings / Revenue 1.88% -61.79% 63.2% 10.91% -7.91% -6.02% -5.94% -9.09% -9.16% -21.24% -9.54% -5.06%
Basic Earnings Per Share
Diluted Earnings Per Share $0.10 -$2.73 $2.288M $2.587M -$1.104M -$611.2K -$417.5K -$421.4K -$304.7K -$299.7K -$64.52K -$16.13K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Cash & Short-Term Investments $5.008B $5.053B $7.768B $6.388B $2.455B $1.970B $938.0M $392.4M $190.2M $59.70M $83.50M
YoY Change -0.89% -34.95% 21.6% 160.18% 24.65% 109.99% 139.04% 106.31% 218.59% -28.5%
Cash & Equivalents $1.413B $1.649B $2.503B $2.704B $649.9M $410.7M $141.7M $84.00M $110.1M $42.00M $83.50M
Short-Term Investments $3.595B $3.404B $5.265B $3.684B $1.805B $1.559B $796.4M $308.4M $80.10M $17.70M $0.00
Other Short-Term Assets $159.0M $139.7M $103.3M $68.30M $48.80M $26.20M $18.60M $8.900M $6.200M $1.500M $1.100M
YoY Change 13.85% 35.23% 51.2% 39.96% 86.26% 40.86% 108.99% 43.55% 313.33% 36.36%
Inventory
Prepaid Expenses
Receivables $209.0M $218.2M $140.2M $71.10M $47.00M $29.00M $16.70M $5.100M $2.800M $1.500M $1.100M
Other Receivables $899.0M $639.7M $527.8M $350.4M $193.7M $104.2M $52.30M $16.40M $3.300M $5.700M $2.300M
Total Short-Term Assets $6.275B $6.050B $8.539B $6.878B $2.745B $2.129B $1.026B $422.9M $202.5M $68.40M $88.00M
YoY Change 3.71% -29.15% 24.16% 150.58% 28.91% 107.58% 142.54% 108.84% 196.05% -22.27%
Property, Plant & Equipment $147.0M $486.0M $301.9M $211.5M $246.2M $61.60M $50.40M $45.70M $33.00M $21.70M $4.500M
YoY Change -69.75% 60.96% 42.75% -14.09% 299.68% 22.22% 10.28% 38.48% 52.07% 382.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.377B $1.953B $3.956B $173.5M
YoY Change 124.06% -50.61% 2179.85%
Other Assets $44.00M $40.82M $48.37M $52.70M $19.40M
YoY Change 7.79% -15.6% -8.22% 171.65%
Total Long-Term Assets $5.024B $4.707B $4.801B $885.1M $744.8M $125.7M $87.90M $67.70M $41.20M $26.80M $7.800M
YoY Change 6.74% -1.96% 442.41% 18.84% 492.52% 43.0% 29.84% 64.32% 53.73% 243.59%
Total Assets $11.30B $10.76B $13.34B $7.763B $3.490B $2.255B $1.114B $490.6M $243.7M $95.20M $95.80M
YoY Change
Accounts Payable $364.0M $363.8M $284.0M $184.8M $96.80M $97.00M $62.60M $45.10M $23.70M $9.800M $4.000M
YoY Change 0.06% 28.09% 53.69% 90.91% -0.21% 54.95% 38.8% 90.3% 141.84% 145.0%
Accrued Expenses $72.00M $86.13M $87.65M $71.90M $41.40M $2.700M $1.500M
YoY Change -16.4% -1.74% 21.9% 73.67% 80.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $800.0K
YoY Change
Total Short-Term Liabilities $898.0M $856.0M $702.7M $438.3M $316.4M $138.7M $94.80M $66.50M $37.20M $19.80M $10.00M
YoY Change 4.91% 21.81% 60.33% 38.53% 128.12% 46.31% 42.56% 78.76% 87.88% 98.0%
Long-Term Debt $916.0M $913.3M $911.0M $758.0M $0.00 $0.00 $0.00 $0.00 $10.50M $0.00 $0.00
YoY Change 0.29% 0.26% 20.18% -100.0%
Other Long-Term Liabilities $413.0M $732.6M $409.7M $165.8M $148.6M $24.20M $16.30M $13.60M $700.0K $7.700M $400.0K
YoY Change -43.63% 78.82% 147.11% 11.57% 514.05% 48.47% 19.85% 1842.86% -90.91% 1825.0%
Total Long-Term Liabilities $1.329B $1.646B $1.321B $923.8M $148.6M $24.20M $16.30M $13.60M $11.20M $7.700M $400.0K
YoY Change -19.26% 24.63% 42.96% 521.67% 514.05% 48.47% 19.85% 21.43% 45.45% 1825.0%
Total Liabilities $2.233B $2.518B $2.207B $1.362B $473.7M $164.0M $112.5M $80.10M $48.40M $27.50M $10.40M
YoY Change -11.33% 14.11% 62.0% 187.57% 188.84% 45.78% 40.45% 65.5% 76.0% 164.42%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $146.56 Billion

About SHOPIFY INC.

Shopify, Inc. engages in the cloud-based commerce platform designed for small and medium-sized businesses. The company is headquartered in Ottawa, Ontario and currently employs 8,300 full-time employees. The company went IPO on 2015-05-21. The firm provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. The company provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The firm's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.

Industry: Services-Prepackaged Software Peers: TUCOWS INC /PA/