Shopify Inc Revenue Growth Rates (SHOP), Current and Historic Growth - CSIMarket
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• Revenue Y/Y
• Op. Income Y/Y
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• Cash Flow Y/Y
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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 -
2nd Quarter June 3,583.00
1st Quarter March 3,170.00
FY 6,753.00

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 second quarter 2026 Y/Y Growth Comment
Shopify Inc reported Revenue improvement of 33.69% year on year in the second quarter 2026, to $ 3,583.00 millions, this is lower than Shopify Inc 's recent average Revenue improvement of 35.78%.

Looking into second quarter 2026 results within Software & Programming industry 24 other companies have achieved higher Revenue growth. While Shopify Inc ' s Revenue rise of 33.69% ranks overall at the positon no. 668 in the second quarter 2026.


SHOP Revenue ( Y/Y Growth %) 2026
 2025 2024 2023
4th Quarter December - 30.58 % -60.17 % 26.09 %
3rd Quarter September - 31.54 % - -
2nd Quarter June 33.69 % 31.05 % - -
1st Quarter March 34.32 % 26.81 % - -
FY   - 30.14 % 25.78 % -

Financial Statements
Shopify Inc 's second quarter 2026 Revenue $ 3,583.00 millions SHOP's Income Statement
Shopify Inc 's second quarter 2025 Revenue $ 2,680.00 millions Quarterly SHOP's Income Statement


SHOP Revenue (Quarter on Quarter Growth %)

 2026
 2025 2024 2023
4th Quarter December - 29.11 % 30.06 % -
3rd Quarter September - 6.12 % 5.72 % -
2nd Quarter June 13.03 % 13.56 % 9.89 % -
1st Quarter March -13.67 % -16.07 % -73.64 % -
FY (Year on Year)   - 30.14 % 25.78 % -


Back to SHOP Growth rate Comparisons >> Back to SHOP Growth rate Comparisons >>


Revenue second quarter 2026 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #25
Technology Sector #122
Overall #668

Revenue Y/Y Growth Statistics
High Average Low
172.96 % 35.78 % -60.17 %
(Dec 31 2017)   (Sep 30 2025)
Revenue second quarter 2026 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #25
Technology Sector #122
Overall #668
Revenue Y/Y Growth Statistics
High Average Low
172.96 % 35.78 % -60.17 %
(Dec 31 2017)   (Sep 30 2025)

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 % -37.24 % -100 %
(Dec 31 2024)  


SHOP's II. Quarter Q/Q Revenue Comment
Shopify Inc achieved in the II. Quarter 2026 above company average sequential Revenue rise of 13.03%, to $ 3,583.00 millions, from $3,170.00 millions in the first quarter.

Within Software & Programming industry 19 other companies have achieved higher Revenue quarter on quarter growth. While Shopify Inc 's Revenue growth quarter on quarter, overall rank is 702.


Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #20
Technology Sector #93
Overall #702
Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #20
Technology Sector #93
Overall #702
Revenue Q/Q Growth Statistics
High Average Low
30.06 % -37.24 % -100 %
(Dec 31 2024)  


SHOP's II. Quarter Q/Q Revenue Comment
Shopify Inc achieved in the II. Quarter 2026 above company average sequential Revenue rise of 13.03%, to $ 3,583.00 millions, from $3,170.00 millions in the first quarter.

Within Software & Programming industry 19 other companies have achieved higher Revenue quarter on quarter growth. While Shopify Inc 's Revenue growth quarter on quarter, overall rank is 702.


Shopify Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Jun 30 2026)		 12 Months Ending
(Mar 31 2026)		 12 Months Ending
(Dec 31 2025)		 12 Months Ending
(Sep 30 2025)		 12 Months Ending
(Jun 30 2025)
Cumulative Revenue 12 Months Ending $ 13,269.00 $ 12,366.00 $ 11,556.00 $ 10,696.00 $ 10,014.00
Y / Y Revenue Growth (TTM) 32.5 % 31.85 % 30.14 % -18.53 % -
Year on Year Revenue Growth Overall Ranking # 3339 # 541 # 458 # 295 # 212
Seqeuential Revenue Change (TTM) 7.3 % 7.01 % 8.04 % 6.81 % 6.77 %
Seq. Revenue Growth (TTM) Overall Ranking # 1850 # 2387 # 458 # 295 # 212


Cumulative Revenue growth Comment
Although Shopify Inc 's Annual Revenue growth year on year were below company's average 61.99% , Revenue announced in the Jun 30 2026 period, show improvement in Revenue trend, to cumulative trailing twelve month growth of 32.5% year on year, from 31.85% in Mar 31 2026.

In the Technology sector 508 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 541 to 3339.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 110
Technology Sector # 509
Overall # 3339

Revenue TTM Y/Y Growth Statistics
High Average Low
228.07 %
 61.99 %
-18.53 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 110
Sector # 323
S&P 500 # 1850
Cumulative Revenue growth Comment
Although Shopify Inc 's Annual Revenue growth year on year were below company's average 61.99% , Revenue announced in the Jun 30 2026 period, show improvement in Revenue trend, to cumulative trailing twelve month growth of 32.5% year on year, from 31.85% in Mar 31 2026.

In the Technology sector 508 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 541 to 3339.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 110
Technology Sector # 509
Overall # 3339

Revenue TTM Y/Y Growth Statistics
High Average Low
228.07 %
61.99 %
-18.53 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 110
Sector # 323
S&P 500 # 1850




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 rise for the quarter ending Jun 30 2026 within Technology SectorY/Y Change %Revenue for the quarter ending Jun 30 2026
Ieh Corp58.86%$ 58.865 millions
Innodata inc 57.80%$ 57.796 millions
Swarmer Inc56.59%$ 56.587 millions
Maxlinear Inc 55.58%$ 55.584 millions
Advanced Micro Devices Inc55.37%$ 55.367 millions
Amphenol Corporation55.00%$ 55.002 millions
Silvaco Group Inc 54.24%$ 54.245 millions
Algorhythm Holdings Inc 53.79%$ 53.787 millions
Hinge Health Inc 53.37%$ 53.367 millions
Arteris Inc 53.13%$ 53.135 millions
My Size Inc 53.04%$ 53.041 millions
Applovin Corporation52.82%$ 52.825 millions
Viavi Solutions Inc 52.53%$ 52.530 millions
Blacksky Technology Inc50.08%$ 50.079 millions
Guerrilla RF, Inc.49.22%$ 49.217 millions
Interlink Electronics inc48.54%$ 48.542 millions
Shoals Technologies Group Inc 48.25%$ 48.248 millions
Syntec Optics Holdings Inc 47.80%$ 47.801 millions
Monolithic Power Systems Inc47.68%$ 47.683 millions
Evolent Health Inc 46.86%$ 46.855 millions
Everspin Technologies Inc 46.74%$ 46.742 millions
Iac Inc 45.35%$ 45.351 millions
Soundhound Ai Inc 45.02%$ 45.016 millions
Fabrinet44.64%$ 44.641 millions
Zeta Global Holdings Corp 43.55%$ 43.549 millions
Amesite Inc41.86%$ 41.859 millions
Espey Mfg and Electronics Corp 40.39%$ 40.388 millions
Cyabra Inc 39.22%$ 39.219 millions
Life360 Inc 38.83%$ 38.828 millions
Cxapp Inc 38.51%$ 38.512 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: 0001594805-26-000047
  • 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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