SHOPIFY INC
For the period ended Mar 31, 2025. Filed May 8, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 8, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
17. Segment and Geographical Information
- Segment and Geographical Information
The Company's CODM is its Chief Executive Officer. The CODM has determined that the Company operates in a single operating and reportable segment and manages segment performance and resource allocation based upon consolidated net income (loss). The measure of segment assets is reported on the condensed consolidated balance sheet as total consolidated assets. Significant expenses reviewed by the CODM include those that are presented in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).
The following table presents total external revenues by geographic location, based on the location of the Company’s merchants:
| Three months ended | ||||
|---|---|---|---|---|
| March 31, 2025 · March 31, 2024 | ||||
| (in US $ millions) | ||||
| North America | ||||
| United States | 1,499 | 64% | 1,198 | 65% |
| Canada | 119 | 5% | 99 | 5% |
| EMEA | 480 | 20% | 354 | 19% |
| APAC | 240 | 10% | 189 | 10% |
| Latin America | 22 | 1% | 21 | 1% |
| Total Revenue | 2,360 | 100% | 1,861 | 100% |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.