Risk factors
Shopify (SHOP) risk factors
Item 1A of every Shopify Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors46 risks4 new6 dropped14 reworded
Shopify expanded its risk disclosures around enterprise merchant scalability, open source software use, and a new $2 billion share repurchase program.
Filed Feb 11, 2026 - FY2024 10-K risk factors48 risks
Shopify faces intense platform scalability, security, and global regulatory risks while depending heavily on third-party providers like Stripe and Google.
Filed Feb 11, 2025