Shopify Files Q1 2025 10-Q
Ticker: SHOP · Form: 10-Q · Filed: 2025-05-08T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, ecommerce
TL;DR
Shopify's Q1 2025 10-Q is in, check the numbers.
AI Summary
Shopify Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates for the first quarter of 2025. Key financial data and business segments are presented, reflecting the company's ongoing activities in the e-commerce and software services sector.
Why It Matters
This filing provides investors and analysts with the latest financial snapshot of Shopify, crucial for understanding its performance and future outlook in the competitive e-commerce landscape.
Risk Assessment
Risk Level: medium — As a public company filing quarterly reports, Shopify faces inherent market and operational risks that are detailed within the filing.
Key Numbers
- 2025-03-31 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial information is reported.)
- 2025-05-08 — Filing Date (The date the 10-Q report was officially submitted to the SEC.)
Key Players & Entities
- SHOPIFY INC. (company) — Filer of the 10-Q report
- 20250331 (date) — End of the reporting period
- 20250508 (date) — Filing date of the report
- OTTAWA (location) — Company headquarters city
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is March 31, 2025.
When was this 10-Q filed with the SEC?
This 10-Q was filed on May 8, 2025.
What is the company's name associated with this filing?
The company's name is SHOPIFY INC.
What is the Standard Industrial Classification code for Shopify Inc.?
The Standard Industrial Classification code for Shopify Inc. is 7372, which corresponds to SERVICES-PREPACKAGED SOFTWARE.
Where is Shopify Inc. headquartered?
Shopify Inc. is headquartered in Ottawa.
From the Filing
0001594805-25-000046.txt : 20250508 0001594805-25-000046.hdr.sgml : 20250508 20250508070229 ACCESSION NUMBER: 0001594805-25-000046 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 92 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250508 DATE AS OF CHANGE: 20250508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SHOPIFY INC. CENTRAL INDEX KEY: 0001594805 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology EIN: 000000000 STATE OF INCORPORATION: Z4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-37400 FILM NUMBER: 25923792 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-Q 1 shop-20250331.htm 10-Q shop-20250331 2025 0001594805 FALSE Q1 December 31 P2Y P3Y 0.0006944 1 1 620 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure shop:segment 0001594805 2025-01-01 2025-03-31 0001594805 dei:OtherAddressMember 2025-01-01 2025-03-31 0001594805 us-gaap:CommonClassAMember 2025-05-02 0001594805 us-gaap:CommonClassBMember 2025-05-02 0001594805 shop:FounderShareMember 2024-12-31 0001594805 shop:FounderShareMember 2025-03-31 0001594805 2025-03-31 0001594805 2024-12-31 0001594805 us-gaap:CommonClassAMember 2025-03-31 0001594805 us-gaap:CommonClassAMember 2024-12-31 0001594805 us-gaap:CommonClassBMember 2025-03-31 0001594805 us-gaap:CommonClassBMember 2024-12-31 0001594805 us-gaap:SubscriptionAndCirculationMember 2025-01-01 2025-03-31 0001594805 us-gaap:SubscriptionAndCirculationMember 2024-01-01 2024-03-31 0001594805 us-gaap:ServiceMember 2025-01-01 2025-03-31 0001594805 us-gaap:ServiceMember 2024-01-01 2024-03-31 0001594805 2024-01-01 2024-03-31 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 2023-12-31 0001594805 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001594805 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001594805 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001594805 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001594805 us-gaap:CommonStockMember 2024-03-31 0001594805 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001594805 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001594805 us-gaap:RetainedEarningsMember 2024-03-31 0001594805 2024-03-31 0001594805 us-gaap:CommonStockMember 2024-12-31 0001594805 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001594805 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001594805 us-gaap:RetainedEarningsMember 2024-12-31 0001594805 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001594805 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0001594805 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-03-31 0001594805 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001594805 us-gaap:CommonStockMember 2025-03-31 0001594805 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001594805 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001594805 us-gaap:RetainedEarningsMember 2025-03-31 0001594805 us-gaap:FairValueInputsLevel1Member shop:U.S.TermDepositsMember 2025-03-31 0001594805 us-gaap:FairValueInputsLevel1Member us-gaap:USTreasuryAndGovernmentMember 2025-03-31 0001594805 us-gaap:FairValueInputsLevel1Member us-gaap:CorporateBondSecuritiesMember 2025-03-31 0001594805 us-gaap:FairValueInputsLevel1Member 2025-03-31 0001594805 us-gaap:FairValueInputsLevel2Member us-gaap:CorporateBondSecuritiesMember 2025-03-31 0001594805 us-gaap:FairValueInputsLevel3Member shop:ConvertibleNotesInPrivateCompaniesMember 2025-03-31 0001594805 us-gaap:FairValueInputsLevel12And3Member 2025-03-31 0001