This page provides you with instructions on how to extract data from Stripe and analyze it in Power BI. (If the mechanics of extracting data from Stripe seem too complex or difficult to maintain, check out Stitch, which can do all the heavy lifting for you in just a few clicks.)
What is Stripe?
Stripe is a software-as-a-service (SaaS) platform that lets businesses accept payments online and in mobile apps.
What is Power BI?
Power BI is Microsoft’s business intelligence offering. It's a powerful platform that includes capabilities for data modeling, visualization, dashboarding, and collaboration. Many enterprises that use Microsoft's other products can get easy access to Power BI and choose it for its convenience, security, and power.
With high-value use cases across analysts, IT, business users, and developers, Power BI offers a comprehensive set of functionality that has consistently landed Microsoft in Gartner's "Leaders" quadrant for Business Intelligence.
Getting data out of Stripe
You can get data off of Stripe's servers using the Stripe REST API, which exposes information about core resources, payment methods, subscriptions, and more. To get a list of all customers, for instance, you could call GET /v1/customers
.
Sample Stripe data
The Stripe API returns JSON-formatted data. Data from a call to retrieve customers might look like this.
{ "object": "list", "url": "/v1/customers", "has_more": false, "data": [ { "id": "cus_BykTW2x4M6Yrrt", "object": "customer", "account_balance": 0, "created": 1513697132, "currency": "usd", "default_source": null, "delinquent": false, "description": null, "discount": null, "email": null, "livemode": false, "metadata": { }, "shipping": null, "sources": { "object": "list", "data": [ ], "has_more": false, "total_count": 0, "url": "/v1/customers/cus_BykTW2x4M6Yrrt/sources" }, "subscriptions": { "object": "list", "data": [ ], "has_more": false, "total_count": 0, "url": "/v1/customers/cus_BykTW2x4M6Yrrt/subscriptions" } }, {...}, {...} ] }
Preparing Stripe data
Now you need to parse the JSON in the API response and map each column to a corresponding field in a table in the destination database. You'll have to know the datatypes for each field. The Stitch Stripe Docs can give you a sense of what datatypes will come through the API.
Loading data into Power BI
You can analyze any data in Power BI, as long as that data exists in a data warehouse that's connected to your Power BI account. The most common data warehouses include Amazon Redshift, Google BigQuery, and Snowflake. Microsoft also has its own data warehousing platform called Azure SQL Data Warehouse.
Connecting these data warehouses to Power BI is relatively simple. The Get Data menu in the Power BI interface allows you to import data from a number of sources, including static files and data warehouses. You'll find each of the warehouses mentioned above among the options in the Database list. The Power BI documentation provides more details on each.
Analyzing data in Power BI
In Power BI, each table in the data warehouse you connect is known as a dataset, and the analyses conducted on these datasets are known as reports. To create a report, use Power BI’s report editor, a visual interface for building and editing reports.
The report editor guides you through several selections in the course of building a report: the visualization type, fields being used in the report, filters being applied, any formatting you wish to apply, and additional analytics you may wish to layer onto your report, such as trendlines or averages. You can explore all of the features related to analyzing and tracking data in the Power BI documentation.
Once you've created a report, Power BI lets you share it with report "consumers" in your organization.
Keeping Stripe data up to date
So, now what? You've built a script that pulls data from Stripe and loads it to your destination, but what happens tomorrow when you have hundreds of new transactions?
The key is to build your script in such a way that it can also identify incremental updates to your data. Thankfully, Stripe's API results include fields like "created" that allow you to identify records that are new since your last update (or since the newest record you've copied). Once you've taken new transactions into account, you can set up your script as a cron job or continuous loop to keep pulling down new data as it appears.
From Stripe to your data warehouse: An easier solution
As mentioned earlier, the best practice for analyzing Stripe data in Power BI is to store that data inside a data warehousing platform alongside data from your other databases and third-party sources. You can find instructions for doing these extractions for leading warehouses on our sister sites Stripe to Redshift, Stripe to BigQuery, Stripe to Azure Synapse Analytics, Stripe to PostgreSQL, Stripe to Panoply, and Stripe to Snowflake.
Easier yet, however, is using a solution that does all that work for you. Products like Stitch were built to move data automatically, making it easy to integrate Stripe with Power BI. With just a few clicks, Stitch starts extracting your Stripe data, structuring it in a way that's optimized for analysis, and inserting that data into a data warehouse that can be easily accessed and analyzed by Power BI.