Shopify provides a platform that enables merchants to establish and operate e-commerce businesses across multiple sales channels. The core platform allows merchants to manage product catalogs, inventory, orders, payments, fulfillment, and shipping. Merchants can operate storefronts on the company's hosted platform as well as through social media, marketplaces, and physical retail locations using Shopify's point-of-sale system. The company also offers ancillary services including domain registration, customer relationship management tools, and business financing access.
Revenue streams include subscription fees from merchants using the platform at various pricing tiers, transaction fees from Shopify Payments (its integrated payment processing service), and sales of apps, themes, shipping labels, and advertising within its ecosystem. The company generates additional revenue through Shop Campaigns, which connects merchants with potential customers for buyer acquisition purposes.
Shopify operates with approximately 7,600 full-time employees and serves merchants globally across North America, Europe, the Middle East, Africa, Asia Pacific, and Latin America. The company is headquartered in Ottawa, Ontario and was incorporated in Canada in 2004.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $0.94 | $0.95 | -39.4% | |
| 2024 | $1.55 | $1.57 | — |