Revenue

Name: Shopify Revenue by Products & Services
Creator: OpenCapital
License: https://www.opencapital.sh/terms

Shopify·Products & Services·2 segments·Rolls up to Total Revenue

Breakdown

Segment	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Merchant solutions	$1.74B	$2.02B	$2.15B	$2.9B	$2.42B
Subscription solutions	$620M	$656M	$699M	$777M	$750M
Total	$2.36B	$2.68B	$2.84B	$3.67B	$3.17B

Subscription solutionsView metric

Merchant solutionsView metric