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Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
147.37
-5.53 (-3.62%)
At close: Aug 31, 2026, 4:00 PM EDT
147.47
+0.09 (0.06%)
After-hours: Aug 31, 2026, 7:58 PM EDT

Shopify Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
3,5833,1703,6722,8442,6802,3602,8122,1622,0451,8612,1441,7141,6941,5081,7351,3661,2951,2041,3801,124
Revenue Growth (YoY)
33.69%34.32%30.58%31.55%31.05%26.81%31.16%26.14%20.72%23.41%23.57%25.48%30.81%25.25%25.72%21.56%15.68%21.78%41.14%46.43%
Cost of Revenue
1,8751,6241,9791,4531,3781,1911,4601,0441,0009041,082813859791937704639566688.16514.54
Gross Profit
1,7081,5461,6931,3911,3021,1691,3521,1181,0459571,062901835717798662656638691.86609.2
Selling, General & Admin
633609554518525510457443468483484392405409308557456410372.58349.81
Research & Development
441433384370389372345329346331417310542453429409346301266.94211.38
Other Operating Expenses
561097995365556432510.1226.8
Operating Expenses
1,0791,048948897921891811777817820906707952868741969804716649.65587.99
Operating Income
629498745494381278541341228137156194-117-15157-307-148-7842.2221.21
Interest Expense
-------------------0.88-0.87
Interest & Investment Income
6675798110665727780796863585238201254.924.52
Earnings From Equity Investments
-22-2128-21-24-23-22-28-44-44-48-10--------
Currency Exchange Gain (Loss)
-7-9--4246-22162-45-2-4210-4-3-52.570.07
Other Non Operating Income (Expenses)
-141-116-208-177-80-75-76-58-42-51-45-34-31-42-34-39-42-20-27.81-25.31
EBT Excluding Unusual Items
525427644373407251493348224117136211-94-13971-330-181-9821.02-0.39
Merger & Restructuring Charges
----------178--148--30-----
Gain (Loss) on Sale of Investments
1,250-1,061248-62682-1,021928512-76-373368555281215-474172-1,017-1,555-509.741,341
Gain (Loss) on Sale of Assets
-------------1,340-------
Asset Writedown
----3-10-------38---84-----
Legal Settlements
--------55------97-----
Pretax Income
1,775-6348923081,079-7701,421860203-256682728-1,30176-614-158-1,198-1,653-488.721,340
Income Tax Expense
273-5314944173-881283232172510108916-179-117.41192.02
Net Income
1,502-581743264906-6821,293828171-273657718-1,31168-623-159-1,204-1,474-371.311,148
Net Income to Common
1,502-581743264906-6821,293828171-273657718-1,31168-623-159-1,204-1,474-371.311,148
Net Income Growth (YoY)
65.78%--42.54%-68.12%429.83%-96.80%15.32%-----------501.06%
Shares Outstanding (Basic)
1,2951,3031,3031,3001,2981,2951,2921,2911,2891,2871,2851,2831,2801,2771,2731,2691,2621,2601,2571,251
Shares Outstanding (Diluted)
1,2981,3031,3031,3131,3091,2951,3051,3021,3001,2871,2971,2961,2801,2921,2731,2691,2621,2601,2571,276
Shares Change (YoY)
-0.84%0.62%-0.17%0.87%0.70%0.62%0.58%0.45%1.52%-0.33%1.88%2.08%1.46%2.50%1.27%-0.53%-1.00%-0.52%0.22%2.17%
EPS (Basic)
1.16-0.450.570.200.70-0.531.000.640.13-0.210.510.56-1.020.05-0.49-0.13-0.95-1.17-0.300.92
EPS (Diluted)
1.16-0.450.570.200.69-0.530.990.640.13-0.210.510.55-1.020.05-0.49-0.13-0.95-1.17-0.300.90
EPS Growth (YoY)
68.06%--42.34%-68.75%430.77%-94.82%16.36%-----------485.83%

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
654476715507422363611421333232446276978690-148-87-41265.7730.5
Free Cash Flow Per Share
0.500.360.550.390.320.280.470.320.260.180.340.210.080.070.07-0.12-0.07-0.030.210.02
Gross Margin
47.67%48.77%46.11%48.91%48.58%49.53%48.08%51.71%51.10%51.42%49.53%52.57%49.29%47.55%45.99%48.46%50.66%52.99%50.13%54.21%
Operating Margin
17.55%15.71%20.29%17.37%14.22%11.78%19.24%15.77%11.15%7.36%7.28%11.32%-6.91%-10.01%3.28%-22.47%-11.43%-6.48%3.06%1.89%
Profit Margin
41.92%-18.33%20.23%9.28%33.81%-28.90%45.98%38.30%8.36%-14.67%30.64%41.89%-77.39%4.51%-35.91%-11.64%-92.97%-122.43%-26.91%102.20%
Free Cash Flow Margin
18.25%15.02%19.47%17.83%15.75%15.38%21.73%19.47%16.28%12.47%20.80%16.10%5.73%5.70%5.19%-10.84%-6.72%-3.40%19.26%2.71%
EBITDA
636505752502389286549349238147166207-100-12187-278-132-6164.4634.81
EBITDA Margin
17.75%15.93%20.48%17.65%14.52%12.12%19.52%16.14%11.64%7.90%7.74%12.08%-5.90%-8.02%5.01%-20.35%-10.19%-5.07%4.67%3.10%
D&A For EBITDA
777888881010101317303029161722.2413.6
EBIT
629498745494381278541341228137156194-117-15157-307-148-7842.2221.21
EBIT Margin
17.55%15.71%20.29%17.37%14.22%11.78%19.24%15.77%11.15%7.36%7.28%11.32%-6.91%-10.01%3.28%-22.47%-11.43%-6.48%3.06%1.89%
Effective Tax Rate
15.38%-16.70%14.29%16.03%-9.01%3.72%15.76%-3.67%1.37%-10.53%-----14.32%
Revenue as Reported
3,5833,1703,6722,8442,6802,3602,8122,1622,0451,8612,1441,7141,6941,5081,7351,3661,2951,2041,3801,124
SEC Filings: 10-K · 10-Q