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Shopify's revenue is $2.9 billion.

What is Shopify's revenue?

Shopify's annual revenue is $2.9B. Zippia's data science team found the following key financial metrics about Shopify after extensive research and analysis.
  • Shopify has 7,001 employees, and the revenue per employee ratio is $418,512.
  • Shopify peak revenue was $2.9B in 2024.

On this page

Peak revenue
$2.9B (2025)
Company peak revenue
Revenue / employee
$418,512
Company revenue / employee

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Peak revenue
$2.9B (2025)
Company peak revenue
Revenue / employee
$418,512
Company revenue / employee

Shopify financial information

CEOTobias Lutke
IndustrySoftware & Services
Company TypePublic
Employees Number7,001
Date Founded2006
Number of Locations7
Revenue$2.9B
Net IncomeUS$320 million (2020) [1]
Market Capitalization$9.8B
Total AssetsUS$7.76 billion (2020) [1]
TickerSHOP

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Shopify financing

Shopify received early financing of $250.0K on 2007-01-01.

SeriesRound sizeDate
Seed$250K01/2007
Series A$7M12/2010
Series B$15M10/2011
Series C$100M12/2013

Shopify investors

InvestorsSecurity type
Klister Credit CorpSeed
AMKA Holdings Inc.Series A
FirstMark CapitalSeries A
Bessemer Venture PartnersSeries A
Felicis VenturesSeries A
GeorgianSeries B
FirstMark CapitalSeries B
Bessemer Venture PartnersSeries B
Felicis VenturesSeries B
GeorgianSeries C
FirstMark CapitalSeries C
Bessemer Venture PartnersSeries C
Insight PartnersSeries C
Felicis VenturesSeries C
OMERS VenturesSeries C

Shopify competitors

Shopify's top competitor, Alphabet, earned an annual revenue of $350.0B.

Shopify's smallest competitor is Schell Games with revenue of $6.1M last year.

Shopify revenue FAQs

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Zippia gives an in-depth look into the details of Shopify, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Shopify. The employee data is based on information from people who have self-reported their past or current employments at Shopify. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Shopify. The data presented on this page does not represent the view of Shopify and its employees or that of Zippia.

Shopify may also be known as or be related to SHOPIFY INC., Shopify and Shopify Inc.