Shophq Company & Revenue

Main Category
Main Country Selling to
Biggest Competitor

Revenue (GMV)

US$100m
2024

Global Rank

2,032
2024

Conversion Rate

2.5-3.0%
2024

Average Order Value

2024

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Revenue Development
Country & Category Splits
Company Financials
Transaction KPIs

The values shown here refer to the retailer's largest online store. Aggregated total figures and values for other stores can be found in our tool.

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Shophq Revenue & Turnover

Shophq Annual Revenue & Growth by Year

Shophq's annual sales on its online store shophq.com amounted to US$100m in 2024. This represents a change of <0% from the previous year. Shophq's largest online store is expected to see a growth rate of <0% in 2025 compared to 2024, indicating a projected shift in performance.

Annual Revenue (GMV)

US$100m
2024

Annual Growth Forecast

<0%
24/25

eCommerce Revenue (GMV in Million US$)

2022
2023
100
2024
2025
2026

Note: This chart is based on the GMV of the online store. Click here to learn more about our methodology and the available drilldown at ECDB.

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Shophq Monthly Sales & Revenue Development

Retailers follow monthly revenue patterns, which depend on annual events, consumer habits, and economic conditions. In the case of Shophq, revenues in July of 2025 were US$6m on its domain shophq.com. This marks a change in monthly revenues of 5-10% from June.

Revenue Current Month (GMV)

US$6m
07/25

Growth from Previous Month

5-10%
06/25-07/25

Monthly eCommerce Revenue (GMV in Million US$)

03-2025
04-2025
05-2025
06-2025
US$6m
07-2025

Note: This chart is based on the GMV of the online store. Click here to learn more about our methodology and the available drilldown at ECDB.

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Shophq Sales by Country & Market Shares

Shophq's main market is the United States, where its main online store, shophq.com, generated 100% of revenues in 2024. Shophq engages in markets that support its strategic objectives, whether through domestic focus or cross-border expansion.

Market Shares by Country

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Shophq Revenue Split by Product Categories

Shophq sales by product category provide a deeper look into its income structure. Shophq's most significant category is Fashion, which accounts for 60% of total sales in 2024 at its largest online store, shophq.com. The analysis of sales by category provides a clearer picture of how different segments contribute to overall performance.

Revenue Breakdown by Category

2024

Fashion (60%)

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Shophq Marketplace Sales: 1st & 3rd Party GMV

1P vs 3P Revenue/Sales

Shophq's marketplace sales are illustrated by its GMV development. A distinction is made between 1P (first-party) and 3P (third-party) sales, where Shophq either acts as the seller (1P) or distributes products from other sellers (3P). In 2024, Shophq's' 1P sales contributed 100% to total GMV, while the 3P GMV accounted for 0%.

3P Share

0%
2024

3P Share Forecast

2025

1P/3P Revenue/Sales Split

2021
2022
2023
100%0%
2024
2025
1P Activity
3P Activity

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Shophq Financial Analysis: Earnings, Net Worth, Profits

Regularly updated figures from Shophq's latest annual report provide us with the company's financial figures that are indicative of its business performance and outlook. In 2022, Shophq's gross profit was US$210m, while its operating profit was -US$46.9m.

Gross Profit

US$210m
2022

Operating Profit

-US$46.9m
2022

Net Income

2022

Earnings per Share

2022

Total Assets

2022

Total Equity

2022

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Shophq Number of Employees

Shophq had a headcount of 1,096 in 2021. Meanwhile approximately US$0.5m was generated per employee in 2021

Revenue per Employee (in Million US$)

2017
2018
2019
2020
US$0.5m
2021

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Shophq Top Stores

Shophq's flagship domain shophq.com generated revenues of US$100m in 2024. Forecasts expect a revenue change of <0% in the coming year.

Top Online Stores by GMV (in Million US$)

# 1
shophq.com
iMedia Brands, Inc.
2021

2022

2023

2024

2025

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Note: This ranking is based on GMV. Click here to learn more about our methodology and the drilldown available at ECDB.

Shophq Competitor Analysis & Similar Stores

verabradley.com is the closest competitor to Shophq's largest online store shophq.com, with a similarity score of 99.1% in 2024. garnethill.com is another key store with a high similarity score of 98.9%. This competitor analysis provides a concise overview of comparable online stores for market performance benchmarking.

Top Competitors and Similar Stores

shophq.com
Main

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Shophq Transaction KPIs: Conversion Rate, Average Order Value

Analyzing transactions on Shophq's largest online store shophq.com reveals key metrics like conversion rate, average order value, discount rate, and return rate. The store's conversion rate reached 2.5-3.0% in 2024, offering insight into user behavior.

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2.5-3.0%
2024

Average Order Value

2024

Return Rate

2024

Discount Rate

2024

Shophq Payment, Shipping and Shop Software Provider Landscape

Payment and shipping options have a major impact on customer satisfaction. In the case of Shophq, the payment providers Mastercard (Cards), VISA (Cards) and American Express (Cards) are available at its largest online store, shophq.com. Shipping providers, on the other hand, vary significantly depending on the market. Overall, shophq.com offers UPS (United Parcel Service).

Payment Provider

Mastercard (Cards)

Shipping Provider

UPS (United Parcel Service)

Shop Software

Klarna Logo
American Express Logo
UPS Logo
Shopify Logo

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