Shopify Inc. Class A Subordinate Voting Shares (SHOP) Revenue-to-Profit Sankey Flow & SEC XBRL Financials
Shopify Inc. Class A Subordinate Voting Shares (SHOP) carries a Roarable Rating of C+ (Hold) with 69/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.
How SHOP Turns Every Dollar of Sales Into Real Bottom-Line Profit
Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory
| Fiscal Year | Revenue | Gross Margin | Op Margin | Net Profit | Free Cash Flow | ROIC % |
|---|---|---|---|---|---|---|
| FY 2025 | $11.56B | 48.1% | 12.7% | $1.23B | $2.01B | 7.5% |
| FY 2024 | $8.88B | 50.4% | 12.1% | $2.02B | $1.60B | 6.4% |
| FY 2023 | $7.06B | 44% | -20.1% | $132.0M | $626.3M | -1.6% |
Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring SHOP)
- ✓Live walkthrough of SHOP's RQD Radar, SEC cash-conversion gap & downside levels
- ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
- ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
SHOP Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +30.1% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on SHOP today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for SHOP. Explore sector supply chains on /butterfly.
SHOP Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDHow profitable is Shopify Inc. Class A Subordinate Voting Shares (SHOP)?
In FY 2025 (10-K), SHOP converted $11.6B of revenue into a 48.1% gross margin, 12.7% operating margin, and $2.0B in free cash flow (17.4% FCF margin).