Shopify made approximately 828 million U.S. dollars in net gain during the third 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)
In this statistic, figures are reported according to the Generally Accepted Accounting Principles (GAAP) scheme commonly used in financial reporting in the United States.
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Shopify. (November 12, 2024). Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved February 11, 2025, from https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/?__sso_cookie_checker=failed
Shopify. "Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars)." Chart. November 12, 2024. Statista. Accessed February 11, 2025. https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/?__sso_cookie_checker=failed
Shopify. (2024). Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: February 11, 2025. https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/?__sso_cookie_checker=failed
Shopify. "Net Income/Loss of Shopify Worldwide Quarterly from 2020 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 12 Nov 2024, https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/?__sso_cookie_checker=failed
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/?__sso_cookie_checker=failed (last visited February 11, 2025)
Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars) [Graph], Shopify, November 12, 2024. [Online]. Available: https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/?__sso_cookie_checker=failed