Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

Shopify Inc.

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Gross Profit

Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Subscription Solutions Gross Profit

Subscription Solutions Gross Profit % Chg.

Subscription Solutions Gross Profit Common Size

Merchant Solutions Gross Profit

Merchant Solutions Gross Profit % Chg.

Merchant Solutions Gross Profit Common Size

Other Gross Profit

Other Gross Profit % Chg.

Other Gross Profit Common Size

Total Gross Profit

Total Gross Profit Common Size

Total Gross Profit % Chg.

Monthly Recurring Revenue

Monthly Recurring Revenue % Chg.

Gross Merchandise Volume

Gross Merchandise Volume % Chg.

Gross Payments Volume

Gross Payments Volume % Chg.

Attach Rate

Attach Rate % Chg.

Key Performance Indicators

United States Revenue

United States Revenue % Chg.

United States Revenue Common Size

Canada Revenue

Canada Revenue % Chg.

Canada Revenue Common Size

EMEA Revenue

EMEA Revenue % Chg.

EMEA Revenue Common Size

APAC Revenue

APAC Revenue % Chg.

APAC Revenue Common Size

Latin America Revenue

Latin America Revenue % Chg.

Latin America Revenue Common Size

Other Revenue by Geography

Other Revenue by Geography % Chg.

Other Revenue by Geography Common Size

Total Revenue by Geography

Total Revenue by Geography Common Size

Total Revenue by Geography % Chg.

Revenue by Geography

Subscription Solutions Revenue

Subscription Solutions Revenue % Chg.

Subscription Solutions Revenue Common Size

Merchant Solutions Revenue

Merchant Solutions Revenue % Chg.

Merchant Solutions Revenue Common Size

Other Revenue

Other Revenue % Chg.

Other Revenue Common Size

Total Revenue

Total Revenue Common Size

Total Revenue % Chg.

Revenue	LTM	Dec '24	Dec '23
Subscription Solutions Revenue	2,641	2,350	1,837
Merchant Solutions Revenue	8,055	6,530	5,223
Other Revenue	—	—	—
Total Revenue	10,696	8,880	7,060

Revenue by Geography	LTM	Dec '24	Dec '23
United States Revenue	—	5,708	4,649
Canada Revenue	—	483	388
EMEA Revenue	—	1,707	1,255
APAC Revenue	—	885	699
Latin America Revenue	—	97	69
Other Revenue by Geography	—	—	—
Total Revenue by Geography	10,696	8,880	7,060

Gross Profit	LTM	Dec '24	Dec '23
Subscription Solutions Gross Profit	2,135	1,916	1,483
Merchant Solutions Gross Profit	3,079	2,556	2,032
Other Gross Profit	—	—	—
Total Gross Profit	5,214	4,472	3,515

Key Performance Indicators	LTM	Dec '24	Dec '23
Monthly Recurring Revenue	193	178	144
Gross Merchandise Volume	349,060	292,275	235,910
Gross Payments Volume	225,100	181,000	137,000
Attach Rate	—	3%	3%