Shopify (Shopify) 3-Year Revenue Growth Rate

: 31.90% (As of Dec. 2023)

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Shopify's Revenue per Share for the three months ended in Dec. 2023 was $1.60.

During the past 12 months, Shopify's average Revenue per Share Growth Rate was 23.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 31.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 42.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 59.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 12 years, the highest 3-Year average Revenue per Share Growth Rate of Shopify was 124.50% per year. The lowest was 31.90% per year. And the median was 50.00% per year.

Competitive Comparison

For the Software - Application subindustry, Shopify's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Shopify 3-Year Revenue Growth Rate Distribution

For the Software industry and Technology sector, Shopify's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Shopify's 3-Year Revenue Growth Rate falls into.

Shopify 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Shopify (NYSE:SHOP) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Shopify 3-Year Revenue Growth Rate Related Terms

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Shopify (Shopify) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shopify Inc (NYSE:SHOP) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

SHOP:Mexico 307:Germany 307:Germany SHOP:Canada S2HO34:Brazil

Address

151 O'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P2L8

Website

https://www.shopify.com

Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.