Shopify Inc. FY 2024 Earnings Analysis
Revenue grew 25.8% year over year. Shopify Inc. also posted year-over-year earnings growth, reinforcing a more resilient operating profile.
Revenue trend
Revenue trend remains stable.
Margin and earnings quality
Profitability was broadly stable.
What matters next
Investors will continue watching execution quality.
Revenue & YoY Growth
AnnualRevenue trend and year-over-year growth across recent reported annual periods.
Net Income & Net Margin
AnnualNet income and net margin trend over recent reported annual periods.
Revenue Analysis
Shopify Inc. reported $8.9B in revenue for FY 2024, up 25.8% YoY. Positive year-over-year growth suggests healthier revenue momentum.
Profitability Analysis
Net income came in at $2.0B, up 1429.5% YoY. Net margin was 22.7%. Sequential margin improvement suggests stronger operating discipline despite a mixed revenue environment.
Frequently Asked Questions
Quick factual answers for this report. Need the why behind them? Ask the report assistant.
What was Shopify Inc.'s revenue in FY 2024?
Shopify Inc. reported revenue of $8.9B in FY 2024.
What was Shopify Inc.'s net income in FY 2024?
Shopify Inc. reported net income of $2.0B in FY 2024.
How did Shopify Inc.'s revenue change year over year?
Shopify Inc.'s revenue increased by 25.8% year over year in FY 2024.
What was Shopify Inc.'s net margin in FY 2024?
Shopify Inc.'s net margin was 22.7% in FY 2024.
Compare this fiscal year with the previous annual earnings report.
Explore company profile, industry, and historical context.
View more quarterly financial trend pages for this company.
Data Source & Methodology
Financial data is sourced from company filings and internal processed earnings data.
YoY and QoQ values are derived from reported quarterly figures when not directly available.
This page is for informational purposes only and does not constitute investment advice.
