Shopify made approximately 273 million U.S. dollars in net loss during the first quarter of 2024. The company generated a positive net income until the third quarter of 2021 then the negative trend started. According to information disclosed by the company, the net loss registered at the beginning of 2022 was due to significant equity investments.
Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars)
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Shopify. (May 8, 2024). Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved June 17, 2024, from https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/
Shopify. "Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars)." Chart. May 8, 2024. Statista. Accessed June 17, 2024. https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/
Shopify. (2024). Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 17, 2024. https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/
Shopify. "Net Income/Loss of Shopify Worldwide Quarterly from 2020 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 8 May 2024, https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/
Shopify, Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/ (last visited June 17, 2024)
Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars) [Graph], Shopify, May 8, 2024. [Online]. Available: https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/