Company / Operating Income
SHOPIFY INC. Operating Income History
FY2022-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$1.5B
FY2025
5-year range
-$1.4B / $1.5B
FY2022-FY2025
Trend
+36.6%
vs FY2024
Sector context
#35 of 288
Information Technology
What the data says
SHOPIFY INC.'s operating income of $1.5B is higher than 88% of companies in the Information Technology sector (FY2025). Improved from -$1.4B to $1.5B over the past 2 years.
Based on SEC 10-K filings.
$1.5B in FY2025. Top quartile in the Information Technology sector.
Improved from -$1.4B to $1.5B over the past 2 years.
Information Technology sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 12% in Information TechnologyTop 12% of 288This company $1.5B Sector average $2.0B
▼
-27.3% below sector average
Key checks
Key Insights
- In FY2025, operating income increased 36.6% year-over-year.
- Ranks #35 out of 288 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 4.84 (safe zone, above 2.9 threshold)
- Strong profit margin: 22.7%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.5B | +36.6% |
| FY2024 | $1.1B | +175.8% |
| FY2023 | -$1.4B | -72.5% |
| FY2022 | -$822.0M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026