Shopify Inc. Files 2024 10-K Report

Ticker: SHOP · Form: 10-K · Filed: 2025-02-11T00:00:00.000Z

Sentiment: neutral

Topics: 10-K, annual-report, ecommerce

TL;DR

Shopify's 2024 10-K is in! Full financial picture for the year ending Dec 31, 2024, now available.

AI Summary

Shopify Inc. filed its 2024 10-K report on February 11, 2025, detailing its fiscal year ending December 31, 2024. The company, headquartered in Ottawa, Canada, operates in the pre-packaged software services sector. Key financial data and business operations for the fiscal year are presented in this comprehensive filing.

Why It Matters

This filing provides investors and stakeholders with a detailed overview of Shopify's financial performance, strategic initiatives, and risk factors for the fiscal year 2024, crucial for understanding the company's current standing and future outlook.

Risk Assessment

Risk Level: medium — 10-K filings inherently carry medium risk due to the detailed financial and operational information that can impact stock valuation and investor sentiment.

Key Numbers

Key Players & Entities

FAQ

What is Shopify Inc.'s primary business sector?

Shopify Inc. operates in the SERVICES-PREPACKAGED SOFTWARE [7372] sector, as indicated by its Standard Industrial Classification code.

When does the fiscal year covered by this 10-K report end?

The conformed period of report for this 10-K filing is December 31, 2024.

On what date was this 10-K report filed with the SEC?

This 10-K report was filed as of February 11, 2025.

Where is Shopify Inc. headquartered?

Shopify Inc. is headquartered in Ottawa, Canada, with its business address listed as 151 O'Connor Street, Ground Floor, Ottawa, A6, K2P 2L8.

What is the SEC file number for Shopify Inc.'s 10-K filing?

The SEC file number for this 10-K filing is 001-37400.

From the Filing

0001594805-25-000012.txt : 20250211 0001594805-25-000012.hdr.sgml : 20250211 20250211070246 ACCESSION NUMBER: 0001594805-25-000012 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 149 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250211 DATE AS OF CHANGE: 20250211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SHOPIFY INC. CENTRAL INDEX KEY: 0001594805 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: Z4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37400 FILM NUMBER: 25607656 BUSINESS ADDRESS: STREET 1: 151 O'CONNOR STREET STREET 2: GROUND FLOOR CITY: OTTAWA STATE: A6 ZIP: K2P 2L8 BUSINESS PHONE: 613-241-2828 MAIL ADDRESS: STREET 1: 151 O'CONNOR STREET STREET 2: GROUND FLOOR CITY: OTTAWA STATE: A6 ZIP: K2P 2L8 10-K 1 shop-20241231.htm 10-K shop-20241231 2024 0001594805 FALSE FY 413 399 P2Y P1Y P3Y P1Y P1Y P2Y P3Y 1 1 P6Y P5Y http://www.shopify.com/20241231#DisposalGroupIncludingDiscontinuedOperationImpairmentOnSales P2Y P1Y 0.0006944 P5D 0.3333 0.6777 0.3333 0.3333 0.3333 1 1 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure shop:segment utr:D shop:patent shop:vote 0001594805 2024-01-01 2024-12-31 0001594805 dei:OtherAddressMember 2024-01-01 2024-12-31 0001594805 2024-06-28 0001594805 us-gaap:CommonClassAMember 2025-02-07 0001594805 us-gaap:CommonClassBMember 2025-02-07 0001594805 shop:FounderShareMember 2025-02-07 0001594805 2024-10-01 2024-12-31 0001594805 shop:HarleyFinkelsteinMember 2024-01-01 2024-12-31 0001594805 shop:HarleyFinkelsteinMember 2024-10-01 2024-12-31 0001594805 shop:HarleyFinkelsteinMember 2024-12-31 0001594805 shop:RobertAsheMember 2024-01-01 2024-12-31 0001594805 shop:RobertAsheMember 2024-10-01 2024-12-31 0001594805 shop:RobertAsheMember 2024-12-31 0001594805 2024-12-31 0001594805 2023-12-31 0001594805 us-gaap:CommonClassAMember 2024-12-31 0001594805 us-gaap:CommonClassAMember 2023-12-31 0001594805 us-gaap:CommonClassBMember 2024-12-31 0001594805 us-gaap:CommonClassBMember 2023-12-31 0001594805 shop:FounderShareMember 2023-12-31 0001594805 shop:FounderShareMember 2024-12-31 0001594805 us-gaap:SubscriptionAndCirculationMember 2024-01-01 2024-12-31 0001594805 us-gaap:SubscriptionAndCirculationMember 2023-01-01 2023-12-31 0001594805 us-gaap:SubscriptionAndCirculationMember 2022-01-01 2022-12-31 0001594805 us-gaap:ServiceMember 2024-01-01 2024-12-31 0001594805 us-gaap:ServiceMember 2023-01-01 2023-12-31 0001594805 us-gaap:ServiceMember 2022-01-01 2022-12-31 0001594805 2023-01-01 2023-12-31 0001594805 2022-01-01 2022-12-31 0001594805 us-gaap:CommonStockMember 2021-12-31 0001594805 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001594805 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001594805 us-gaap:RetainedEarningsMember 2021-12-31 0001594805 2021-12-31 0001594805 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001594805 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001594805 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001594805 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001594805 us-gaap:CommonStockMember 2022-12-31 0001594805 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001594805 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001594805 us-gaap:RetainedEarningsMember 2022-12-31 0001594805 2022-12-31 0001594805 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001594805 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001594805 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001594805 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001594805 us-gaap:CommonStockMember 2023-12-31 0001594805 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001594805 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001594805 us-gaap:RetainedEarningsMember 2023-12-31 0001594805 us-gaap:CommonStockMember 2024-01

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