Shopify Inc. FY 2025 Earnings Analysis
Revenue grew 30.1% year over year. Year-over-year earnings remained under pressure, showing that the recovery in profitability is still incomplete.
Revenue trend
Revenue trend remains stable.
Margin and earnings quality
Profitability was broadly stable.
What matters next
Investor focus is likely to remain on whether management can restore earnings momentum over coming quarters.
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 $11.6B in revenue for FY 2025, up 30.1% YoY. Positive year-over-year growth suggests healthier revenue momentum.
Profitability Analysis
Net income came in at $1.2B, down 39% YoY. Net margin was 10.7%. Sequential margin deterioration suggests profitability remains under pressure.
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 2025?
Shopify Inc. reported revenue of $11.6B in FY 2025.
What was Shopify Inc.'s net income in FY 2025?
Shopify Inc. reported net income of $1.2B in FY 2025.
How did Shopify Inc.'s revenue change year over year?
Shopify Inc.'s revenue increased by 30.1% year over year in FY 2025.
What was Shopify Inc.'s net margin in FY 2025?
Shopify Inc.'s net margin was 10.7% in FY 2025.
Compare this fiscal year with the previous annual earnings report.
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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.
