Shopify Inc Revenue Growth Rates (SHOP), Current and Historic Growth - CSIMarket
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Shopify Inc   (NASDAQ: SHOP)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology
 

SHOP's Revenue Growth by Quarter and Year

Shopify Inc 's Revenue results by quarter and year




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SHOP Revenue (in millions $) FY 2026 FY 2025 FY 2024 FY 2023
4th Quarter December -
3rd Quarter September 3,742.00
2nd Quarter June 3,583.00
1st Quarter March 3,170.00
FY 10,495.00

SHOPs Annual Revenue
Shopify Inc 's Revenue in the fiscal year 2025 $ 11,556.00 millions
Shopify Inc 's Revenue in the fiscal year 2024 $ 8,880.00 millions
Shopify Inc 's Revenue in the fiscal year 2023 $ 7,060.00 millions
Shopify Inc 's Revenue in the fiscal year 2022 $ 5,600.00 millions
Shopify Inc 's Revenue in the fiscal year 2021 $ 4,611.86 millions




SHOP Revenue third quarter 2026 Y/Y Growth Comment
Shopify Inc reported Revenue improvement of 31.58% year on year in the third quarter 2026, to $ 3,742.00 millions, this is lower than Shopify Inc 's recent average Revenue improvement of 35.48%.

Looking into third quarter 2026 results within Software & Programming industry 31 other companies have achieved higher Revenue growth. While Shopify Inc ' s Revenue rise of 31.58% ranks overall at the positon no. 738 in the third quarter 2026.




SHOP Revenue ( Y/Y Growth %) 2026
FY 2025 FY 2024 FY 2023
4th Quarter December -
3rd Quarter September 31.58 %
2nd Quarter June 33.69 %
1st Quarter March 34.32 %
FY   -

Financial Statements
Shopify Inc 's third quarter 2026 Revenue $ 3,742.00 millions SHOP's Income Statement
Shopify Inc 's third quarter 2025 Revenue $ 2,844.00 millions Quarterly SHOP's Income Statement


SHOP Revenue (Quarter on Quarter Growth %)

2026
FY 2025 FY 2024 FY 2023
4th Quarter December -
3rd Quarter September 4.44 %
2nd Quarter June 13.03 %
1st Quarter March -13.67 %
FY (Year on Year)   -




Revenue third quarter 2026 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #32
Technology Sector #137
Overall #738

Revenue Y/Y Growth Statistics
High Average Low
172.96 % 35.48 % -60.17 %
 
Revenue third quarter 2026 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #32
Technology Sector #137
Overall #738
Revenue Y/Y Growth Statistics
High Average Low
172.96 % 35.48 % -60.17 %
 

Revenue by Quarter for the Fiscal Years 2023, 2024, 2025, 2026

Shopify Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
30.06 % -34.79 % -100 %
(Dec 31 2024)  


SHOP's III. Quarter Q/Q Revenue Comment
Shopify Inc achieved in the III. Quarter 2026 above company average sequential Revenue growth of 4.44%, to $ 3,742.00 millions, from $3,583.00 millions in the second quarter.

Within Software & Programming industry 50 other companies have achieved higher Revenue quarter on quarter growth. While Shopify Inc 's Revenue growth quarter on quarter, overall rank is 1222.


Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #51
Technology Sector #191
Overall #1222
Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #51
Technology Sector #191
Overall #1222
Revenue Q/Q Growth Statistics
High Average Low
30.06 % -34.79 % -100 %
(Dec 31 2024)  


SHOP's III. Quarter Q/Q Revenue Comment
Shopify Inc achieved in the III. Quarter 2026 above company average sequential Revenue growth of 4.44%, to $ 3,742.00 millions, from $3,583.00 millions in the second quarter.

Within Software & Programming industry 50 other companies have achieved higher Revenue quarter on quarter growth. While Shopify Inc 's Revenue growth quarter on quarter, overall rank is 1222.


Shopify Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Sep 30 2026)
12 Months Ending (Jun 30 2026) 12 Months Ending (Mar 31 2026) 12 Months Ending (Dec 31 2025) 12 Months Ending (Sep 30 2025)
Cumulative Revenue 12 Months Ending $ 14,167.00
Y / Y Revenue Growth (TTM) 32.45 %
Year on Year Revenue Growth Overall Ranking # 549
Seqeuential Revenue Change (TTM) 6.77 %
Seq. Revenue Growth (TTM) Overall Ranking # 549


Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Sep 30 2026 period, Shopify Inc 's cumulative twelve months Revenue were $ 14,167 millions, company would post below average annual Revenue growth of 6.77% year on year, if the fiscal year would end at Sep 30 2026.
A slow-down in the Shopify Inc 's Revenue growth from the 10014% growth in Jun 30 2026.

In the Technology sector 524 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 549, from total ranking in previous quarter at 680.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 158
Technology Sector # 525
Overall # 3410

Revenue TTM Y/Y Growth Statistics
High Average Low
228.07 %
59.31 %
-18.53 %
(Dec 31 2017)  


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 114
Sector # 332
S&P 500 # 1878
Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Sep 30 2026 period, Shopify Inc 's cumulative twelve months Revenue were $ 14,167 millions, company would post below average annual Revenue growth of -18.53% year on year, if the fiscal year would end at Sep 30 2026.
A slow-down in the Shopify Inc 's Revenue growth from the 10014% growth in Jun 30 2026.

In the Technology sector 524 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 549, from total ranking in previous quarter at 680.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 158
Technology Sector # 525
Overall # 3410

Revenue TTM Y/Y Growth Statistics
High Average Low
228.07 %
59.31 %
-18.53 %
(Dec 31 2017)  


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 114
Sector # 332
S&P 500 # 1878




Other Revenue Growth
Software & Programming Industry Revenue Growth Trends and Statistics
Technology Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
SHOP's Revenue Growth Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




Companies with similar Revenue growth for the quarter ending Sep 30 2026 within Technology SectorY/Y Change %Revenue for the quarter ending Sep 30 2026
Arteris Inc 54.87%$ 54.873 millions
Reddit Inc 53.01%$ 53.007 millions
Innodata inc 52.87%$ 52.867 millions
Hinge Health Inc 52.38%$ 52.381 millions
Evolent Health Inc 51.27%$ 51.265 millions
Fabrinet50.74%$ 50.743 millions
Advanced Energy Industries inc 50.61%$ 50.606 millions
Ultra Clean Holdings Inc 49.06%$ 49.057 millions
Advanced Micro Devices Inc48.86%$ 48.865 millions
Kopin Corporation48.57%$ 48.566 millions
Soundhound Ai Inc 48.46%$ 48.458 millions
Zeta Global Holdings Corp 46.12%$ 46.116 millions
Shoals Technologies Group Inc 44.40%$ 44.403 millions
Quantum Corp43.28%$ 43.281 millions
Mks Inc 43.02%$ 43.016 millions
Microchip Technology Incorporated42.25%$ 42.249 millions
908 Devices inc 41.89%$ 41.894 millions
Digitalocean Holdings Inc 40.30%$ 40.300 millions
Life360 Inc 40.28%$ 40.280 millions
Cloudflare Inc 39.31%$ 39.309 millions
Formfactor inc 38.46%$ 38.456 millions
Navitas Semiconductor Corporation38.36%$ 38.360 millions
Belden Inc 38.35%$ 38.345 millions
Lightpath Technologies Inc37.88%$ 37.882 millions
Ichor Holdings Ltd 37.49%$ 37.491 millions
Cohu Inc 37.00%$ 36.996 millions
Diodes Inc36.04%$ 36.042 millions
Datadog Inc 35.25%$ 35.252 millions
Kvh Industries Inc 35.13%$ 35.128 millions
Intest Corporation34.92%$ 34.922 millions


About Shopify Inc Revenue Growth Rates (SHOP), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Shopify Inc (CIK 1594805).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0001594805-26-000068
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Shopify Inc’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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