Shopify Inc. (NYSE: SHOP) reported its fourth quarter 2024 earnings results today.
Revenue grew 31% year-over-year to $2.81 billion.
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Net income was $1.29 billion, or $0.99 per share, compared to $657 million, or $0.51 per share, last year. Adjusted EPS was $0.44.
Gross merchandise volume (GMV) amounted to $94.5 billion.
The company expects revenue to grow at a mid-twenties percentage rate on a year-over-year basis in Q1 2025.
