Shopify Historical Income Statement
| SHOP Stock | USD 69.67 0.16 0.23% |
Historical analysis of Shopify income statement accounts such as Total Revenue of 7.4 B, Gross Profit of 3.7 B, Other Operating Expenses of 7.5 B or Operating Income of 93 M can show how well Shopify performed in making a profits. Evaluating Shopify income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Shopify's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Shopify latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Shopify is a good buy for the upcoming year.
Shopify |
About Shopify Income Statement Analysis
Shopify Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Shopify shareholders. The income statement also shows Shopify investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Shopify Income Statement Chart
Shopify Income Statement is one of the three primary financial statements used for reporting Shopify's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Shopify revenue and expense. Shopify Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Shopify's Cost Of Revenue is relatively stable compared to the past year. As of 04/19/2024, Total Operating Expenses is likely to grow to about 3.8 B, though EBIT is likely to grow to (150.1 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Shopify generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Shopify minus its cost of goods sold. It is profit before Shopify operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Shopify's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Shopify current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shopify. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.At this time, Shopify's Cost Of Revenue is relatively stable compared to the past year. As of 04/19/2024, Total Operating Expenses is likely to grow to about 3.8 B, though EBIT is likely to grow to (150.1 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.5B | 2.8B | 3.5B | 3.7B | Total Revenue | 4.6B | 5.6B | 7.1B | 7.4B |
Shopify income statement Correlations
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Shopify Account Relationship Matchups
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Shopify income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 35.7M | 70.1M | 66.3M | 90.5M | 70M | 37.7M | |
| Selling General Administrative | 178.9M | 245.3M | 374.8M | 707.8M | 491M | 515.6M | |
| Selling And Marketing Expenses | 472.8M | 602.0M | 901.6M | 1.2B | 1.2B | 1.3B | |
| Total Revenue | 1.6B | 2.9B | 4.6B | 5.6B | 7.1B | 7.4B | |
| Gross Profit | 865.6M | 1.5B | 2.5B | 2.8B | 3.5B | 3.7B | |
| Other Operating Expenses | 1.7B | 2.8B | 4.3B | 6.4B | 7.1B | 7.5B | |
| Operating Income | (141.1M) | 90.2M | 268.6M | (822.3M) | 88.6M | 93.0M | |
| Ebit | (141.1M) | 90.2M | 268.6M | (822.3M) | (158M) | (150.1M) | |
| Research Development | 355.0M | 552.1M | 854.4M | 1.5B | 1.7B | 1.8B | |
| Ebitda | (105.5M) | 160.2M | 335.0M | (731.8M) | (88M) | (83.6M) | |
| Cost Of Revenue | 712.5M | 1.4B | 2.1B | 2.8B | 3.5B | 3.7B | |
| Total Operating Expenses | 1.0B | 1.5B | 2.2B | 3.6B | 3.6B | 3.8B | |
| Income Before Tax | (95.8M) | 240.4M | 3.1B | (3.6B) | 185M | 194.3M | |
| Total Other Income Expense Net | 45.3M | 150.2M | 2.9B | (2.8B) | 22M | 19.7M | |
| Net Income | (124.8M) | 319.5M | 2.9B | (3.5B) | 132M | 138.6M | |
| Income Tax Expense | 29.0M | (79.1M) | 225.9M | (162.4M) | 53M | 55.7M | |
| Net Income From Continuing Ops | (124.8M) | 319.5M | 2.9B | (3.5B) | 132M | 138.6M | |
| Net Income Applicable To Common Shares | (124.8M) | 319.5M | 2.9B | (3.5B) | (3.1B) | (3.0B) | |
| Interest Income | 48.2M | 23.4M | 15.4M | 2.8B | 241M | 387.2M | |
| Net Interest Income | 48.2M | 14.3M | 11.9M | 75.6M | 241M | 253.1M | |
| Reconciled Depreciation | 35.7M | 70.1M | 66.3M | 90.5M | 70M | 60.2M |
Shopify Investors Sentiment
The influence of Shopify's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Shopify. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Shopify's public news can be used to forecast risks associated with an investment in Shopify. The trend in average sentiment can be used to explain how an investor holding Shopify can time the market purely based on public headlines and social activities around Shopify. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Shopify's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Shopify's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Shopify's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Shopify.
Shopify Implied Volatility | 80.11 |
Shopify's implied volatility exposes the market's sentiment of Shopify stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Shopify's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Shopify stock will not fluctuate a lot when Shopify's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Shopify in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Shopify's short interest history, or implied volatility extrapolated from Shopify options trading.
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When determining whether Shopify is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shopify Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shopify Stock. Highlighted below are key reports to facilitate an investment decision about Shopify Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shopify. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Shopify Stock analysis
When running Shopify's price analysis, check to measure Shopify's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shopify is operating at the current time. Most of Shopify's value examination focuses on studying past and present price action to predict the probability of Shopify's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shopify's price. Additionally, you may evaluate how the addition of Shopify to your portfolios can decrease your overall portfolio volatility.
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Is Shopify's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shopify. If investors know Shopify will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shopify listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.858 | Earnings Share 0.1 | Revenue Per Share 5.509 | Quarterly Revenue Growth 0.236 | Return On Assets 0.0147 |
The market value of Shopify is measured differently than its book value, which is the value of Shopify that is recorded on the company's balance sheet. Investors also form their own opinion of Shopify's value that differs from its market value or its book value, called intrinsic value, which is Shopify's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shopify's market value can be influenced by many factors that don't directly affect Shopify's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shopify's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shopify is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shopify's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.