Shopify made approximately 273 million U.S. dollars in net loss during the first quarter of 2024. The company generated a positive net income until the third quarter of 2021 then the negative trend started. According to information disclosed by the company, the net loss registered at the beginning of 2022 was due to significant equity investments.
Net income/loss of Shopify worldwide quarterly from 2020 to 2024
(in million U.S. dollars)
Data prior to Q4 2022 from previous reports.
In this statistic, figures are reported according to the Generally Accepted Accounting Principles (GAAP) scheme commonly used in financial reporting in the United States.
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Shopify. (May 8, 2024). Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/
Shopify. "Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars)." Chart. May 8, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/
Shopify. (2024). Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/
Shopify. "Net Income/Loss of Shopify Worldwide Quarterly from 2020 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 8 May 2024, https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/
Shopify, Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/ (last visited November 21, 2024)
Net income/loss of Shopify worldwide quarterly from 2020 to 2024 (in million U.S. dollars) [Graph], Shopify, May 8, 2024. [Online]. Available: https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/
