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Shopify Inc. (SHOP) — benchmarks from SEC filings

Latest fiscal year 2025 · computed deterministically from XBRL 10-K data · coverage 100%

$11.56BRevenue FY2025
30.1%Revenue growth
12.7%Operating margin
10.7%Net margin
17.4%FCF margin

In fiscal 2025, Shopify Inc. reported revenue of $11.56B, up 30.1% year over year. Operating margin was 12.7% and net margin 10.7%, on a free-cash-flow margin of 17.4% with capital expenditure at 0.2% of revenue. Every figure is computed directly from SHOP's SEC XBRL 10-K filing — deterministic, with no estimates.

Fiscal yearRevenueOp marginNet margin
FY2025$11.56B12.7%10.7%
FY2024$8.88B12.1%22.7%
FY2023$7.06B-20.1%1.9%
FY2022$5.60B-14.7%-61.8%
FY2021$4.61B5.8%63.2%

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Source: SEC EDGAR XBRL (10-K filings), latest filed values. "n/a" = not disclosed under mapped tags — never estimated. Informational benchmarking, not investment advice. © CompsDesk / Sam Arora.