Shopify · revenue by country
Shopify revenue by country and region
Where does Shopify make its money?
United States: 63.4% of FY2025 revenue
United States · EMEA · APAC · Canada · Latin America
Method and sources
Revenue by geography as tagged in the XBRL of Shopify’s latest three annual reports (10-K or 20-F). Region and country names are the filing’s own wording. Share = region ÷ the filing’s total revenue for the same fiscal year. Regions are the filer’s own definition (customer location or ship-to, see the filing); nothing is converted, estimated or split.
For each fiscal year the newest filing wins. A dashed line in the chart marks a structural break: the filing reports a different set of regions than the year before, so shares are not directly comparable across it.
Not shown: FY2022 (regions overlap, fewer than two regions, or a region name not yet verified against the filing text).
FY2025 · total revenue $11.6B · regions sum to 100.0% · 10-K · filed 2026-02-11
FY2024 · total revenue $8.9B · regions sum to 100.0% · 10-K · filed 2026-02-11
FY2023 · total revenue $7.1B · regions sum to 100.0% · 10-K · filed 2026-02-11
SEC filings only. No market data.
Shopify revenue by region, by fiscal year
Each value links to its filing. Latest 3 fiscal years, newest first.