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Annual Revenue ($)

Shopify revenue was $2.93 b in FY, 2020

Quarterly Revenue ($)

FY, 2017FY, 2018FY, 2019FY, 2020
Revenue$673.3 m$1.07 b$1.58 b$2.93 b
Growth73.00%59.40%47.05%
Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020
Revenue$214.34 m$244.96 m$270.06 m$320.48 m$361.98 m$390.55 m$470 m$714.34 m$767.41 m

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

Shopify revenue breakdown by business segment: 59.3% from Merchant Solutions and 40.7% from Subscription Solutions

Shopify revenue breakdown by geographic segment: 6.6% from United Kingdom, 6.1% from Canada, 14.6% from Rest of World, 68.4% from United States and 4.3% from Other

FY, 2019FY, 2018FY, 2017
Subscription Solutions$642.24 m$465 m$61.27 m
Merchant Solutions$935.93 m$608.23 m$231.78 m
FY, 2019FY, 2018FY, 2017
United States$1.08 b$755.45 m$478.29 m
Rest of World$230.42 m$129.47 m$70.7 m
Canada$96.17 m$70.77 m$48.11 m
United Kingdom$103.5 m$69.6 m$44.59 m
Australia$68.57 m$47.94 m$31.63 m

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