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

: 46.90% (As of Dec. 2022)
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Shopify's Revenue per Share for the three months ended in Dec. 2022 was $1.36.

During the past 12 months, Shopify's average Revenue per Share Growth Rate was 22.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 46.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 47.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 65.80% 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 11 years, the highest 3-Year average Revenue per Share Growth Rate of Shopify was 124.50% per year. The lowest was 44.40% per year. And the median was 51.35% 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 in comparison to its industry or sector. The grey bar indicates the 3-Year Revenue Growth Rate's extreme value range as defined by GuruFocus.



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

Thank you for viewing the detailed overview of Shopify's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Shopify (NYSE:SHOP) Business Description

Shopify logo
Industry
Traded in Other Exchanges
Address
151 O'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P2L8
Shopify offers an e-commerce platform primarily to small and midsize businesses. The firm has two segments: subscription solutions (43% of fiscal 2018 revenue) and merchant solutions (57% of fiscal 2018 revenue). 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. Merchant solutions are add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.

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