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Shopify (SHOP)

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  • 99.840
  • -2.700-2.63%
Close May 12 16:00 ET
  • 100.650
  • +0.810+0.81%
Post 19:59 ET
129.56BMarket Cap97.88P/E (TTM)

Shopify (SHOP) Income Statement

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(Q1)Mar 31, 2026
(FY)Dec 31, 2025
(Q4)Dec 31, 2025
(Q3)Sep 30, 2025
(Q2)Jun 30, 2025
(Q1)Mar 31, 2025
(FY)Dec 31, 2024
(Q4)Dec 31, 2024
(Q3)Sep 30, 2024
(Q2)Jun 30, 2024
Total revenue
34.32%3.17B
30.14%11.56B
30.58%3.67B
31.54%2.84B
31.05%2.68B
26.81%2.36B
25.78%8.88B
31.16%2.81B
26.14%2.16B
20.72%2.05B
Operating revenue
34.32%3.17B
30.14%11.56B
30.58%3.67B
31.54%2.84B
31.05%2.68B
26.81%2.36B
25.78%8.88B
31.16%2.81B
26.14%2.16B
20.72%2.05B
Cost of revenue
36.36%1.62B
36.14%6B
35.55%1.98B
39.18%1.45B
37.80%1.38B
31.75%1.19B
24.34%4.41B
34.94%1.46B
28.41%1.04B
16.41%1B
Gross profit
32.25%1.55B
24.22%5.56B
25.22%1.69B
24.42%1.39B
24.59%1.3B
22.15%1.17B
27.23%4.47B
27.31%1.35B
24.08%1.12B
25.15%1.05B
Operating expense
17.62%1.05B
15.77%3.67B
16.89%948M
15.83%900M
22.18%931M
8.66%891M
-7.88%3.17B
11.40%811M
4.30%777M
-30.73%762M
Selling and administrative expenses
18.87%611M
18.36%2.13B
21.30%558M
17.98%525M
30.02%537M
5.98%514M
5.38%1.8B
10.31%460M
3.01%445M
-8.63%413M
-Selling and marketing expense
22.47%496M
19.38%1.66B
24.43%433M
23.87%410M
17.56%415M
12.19%405M
14.18%1.39B
9.78%348M
12.20%331M
9.97%353M
-General and administrative expense
5.50%115M
14.88%471M
11.61%125M
0.88%115M
103.33%122M
-12.10%109M
-16.50%410M
12.00%112M
-16.79%114M
-54.20%60M
Research and development costs
15.92%437M
12.36%1.54B
11.11%390M
12.95%375M
12.89%394M
12.54%377M
-20.98%1.37B
12.86%351M
6.07%332M
-46.14%349M
Other operating expenses
----
----
----
----
----
47.06%75M
49.34%227M
68.89%76M
70.59%58M
35.48%42M
Operating profit
79.14%498M
44.78%1.89B
37.71%745M
43.99%491M
31.10%371M
102.92%278M
1,659.46%1.3B
61.98%541M
118.59%341M
206.79%283M
Net non-operating interest income expense
15.38%75M
7.47%331M
9.72%79M
5.19%81M
32.50%106M
-17.72%65M
27.80%308M
5.88%72M
22.22%77M
37.93%80M
Non-operating interest income
15.38%75M
7.47%331M
9.72%79M
5.19%81M
32.50%106M
-17.72%65M
27.80%308M
5.88%72M
22.22%77M
37.93%80M
Other net income (expense)
-8.45%-1.21B
-214.40%-707M
-91.58%68M
-159.73%-264M
476.25%602M
-135.81%-1.11B
575.38%618M
188.57%808M
-21.35%442M
85.37%-160M
Gain on sale of security
-5.42%-1.07B
-125.43%-250M
-83.00%154M
-117.99%-95M
1,054.05%706M
-169.23%-1.02B
-30.77%983M
142.90%906M
-4.52%528M
-126.71%-74M
Earnings from equity interest
8.70%-21M
71.01%-40M
227.27%28M
25.00%-21M
45.45%-24M
47.73%-23M
-137.93%-138M
54.17%-22M
-180.00%-28M
---44M
Special income (charges)
-54.67%-116M
-83.70%-417M
-50.00%-114M
-155.17%-148M
-90.48%-80M
-47.06%-75M
84.79%-227M
-68.89%-76M
-70.59%-58M
96.94%-42M
-Less:Restructuring and merger&acquisition
54.67%116M
83.70%417M
50.00%114M
155.17%148M
90.48%80M
47.06%75M
49.34%227M
68.89%76M
70.59%58M
35.48%42M
-Write off
----
--0
----
----
----
----
--0
--0
--0
--0
Income before tax
17.66%-634M
-32.27%1.51B
-37.23%892M
-64.19%308M
431.53%1.08B
-200.78%-770M
1,104.32%2.23B
108.36%1.42B
19.78%860M
115.60%203M
Income tax
39.77%-53M
33.01%278M
16.41%149M
37.50%44M
440.63%173M
-617.65%-88M
294.34%209M
412.00%128M
220.00%32M
220.00%32M
Net income
14.81%-581M
-39.03%1.23B
-42.54%743M
-68.12%264M
429.82%906M
-149.82%-682M
1,429.55%2.02B
96.80%1.29B
15.32%828M
113.04%171M
Net income continuous Operations
14.81%-581M
-39.03%1.23B
-42.54%743M
-68.12%264M
429.82%906M
-149.82%-682M
1,429.55%2.02B
96.80%1.29B
15.32%828M
113.04%171M
Minority interest income
Net income attributable to the parent company
14.81%-581M
-39.03%1.23B
-42.54%743M
-68.12%264M
429.82%906M
-149.82%-682M
1,429.55%2.02B
96.80%1.29B
15.32%828M
113.04%171M
Preferred stock dividends
Other preferred stock dividends
Net income attributable to common stockholders
14.81%-581M
-39.03%1.23B
-42.54%743M
-68.12%264M
429.82%906M
-149.82%-682M
1,429.55%2.02B
96.80%1.29B
15.32%828M
113.04%171M
Basic earnings per share
15.09%-0.45
-39.49%0.95
-42.95%0.5698
-68.75%0.2
438.46%0.7
-152.38%-0.53
1,470.00%1.57
95.84%0.9988
14.47%0.64
112.75%0.13
Diluted earnings per share
15.09%-0.45
-39.35%0.94
-42.95%0.5698
-68.75%0.2
430.77%0.69
-152.38%-0.53
1,450.00%1.55
95.84%0.9988
14.47%0.64
112.75%0.13
Dividend per share
Currency Unit
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
Accounting Standards
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
Audit Opinions
--
Unqualified Opinion
--
--
--
--
Unqualified Opinion
--
--
--
(Q1)Mar 31, 2026(FY)Dec 31, 2025(Q4)Dec 31, 2025(Q3)Sep 30, 2025(Q2)Jun 30, 2025(Q1)Mar 31, 2025(FY)Dec 31, 2024(Q4)Dec 31, 2024(Q3)Sep 30, 2024(Q2)Jun 30, 2024
Total revenue 34.32%3.17B30.14%11.56B30.58%3.67B31.54%2.84B31.05%2.68B26.81%2.36B25.78%8.88B31.16%2.81B26.14%2.16B20.72%2.05B
Operating revenue 34.32%3.17B30.14%11.56B30.58%3.67B31.54%2.84B31.05%2.68B26.81%2.36B25.78%8.88B31.16%2.81B26.14%2.16B20.72%2.05B
Cost of revenue 36.36%1.62B36.14%6B35.55%1.98B39.18%1.45B37.80%1.38B31.75%1.19B24.34%4.41B34.94%1.46B28.41%1.04B16.41%1B
Gross profit 32.25%1.55B24.22%5.56B25.22%1.69B24.42%1.39B24.59%1.3B22.15%1.17B27.23%4.47B27.31%1.35B24.08%1.12B25.15%1.05B
Operating expense 17.62%1.05B15.77%3.67B16.89%948M15.83%900M22.18%931M8.66%891M-7.88%3.17B11.40%811M4.30%777M-30.73%762M
Selling and administrative expenses 18.87%611M18.36%2.13B21.30%558M17.98%525M30.02%537M5.98%514M5.38%1.8B10.31%460M3.01%445M-8.63%413M
-Selling and marketing expense 22.47%496M19.38%1.66B24.43%433M23.87%410M17.56%415M12.19%405M14.18%1.39B9.78%348M12.20%331M9.97%353M
-General and administrative expense 5.50%115M14.88%471M11.61%125M0.88%115M103.33%122M-12.10%109M-16.50%410M12.00%112M-16.79%114M-54.20%60M
Research and development costs 15.92%437M12.36%1.54B11.11%390M12.95%375M12.89%394M12.54%377M-20.98%1.37B12.86%351M6.07%332M-46.14%349M
Other operating expenses --------------------47.06%75M49.34%227M68.89%76M70.59%58M35.48%42M
Operating profit 79.14%498M44.78%1.89B37.71%745M43.99%491M31.10%371M102.92%278M1,659.46%1.3B61.98%541M118.59%341M206.79%283M
Net non-operating interest income expense 15.38%75M7.47%331M9.72%79M5.19%81M32.50%106M-17.72%65M27.80%308M5.88%72M22.22%77M37.93%80M
Non-operating interest income 15.38%75M7.47%331M9.72%79M5.19%81M32.50%106M-17.72%65M27.80%308M5.88%72M22.22%77M37.93%80M
Other net income (expense) -8.45%-1.21B-214.40%-707M-91.58%68M-159.73%-264M476.25%602M-135.81%-1.11B575.38%618M188.57%808M-21.35%442M85.37%-160M
Gain on sale of security -5.42%-1.07B-125.43%-250M-83.00%154M-117.99%-95M1,054.05%706M-169.23%-1.02B-30.77%983M142.90%906M-4.52%528M-126.71%-74M
Earnings from equity interest 8.70%-21M71.01%-40M227.27%28M25.00%-21M45.45%-24M47.73%-23M-137.93%-138M54.17%-22M-180.00%-28M---44M
Special income (charges) -54.67%-116M-83.70%-417M-50.00%-114M-155.17%-148M-90.48%-80M-47.06%-75M84.79%-227M-68.89%-76M-70.59%-58M96.94%-42M
-Less:Restructuring and merger&acquisition 54.67%116M83.70%417M50.00%114M155.17%148M90.48%80M47.06%75M49.34%227M68.89%76M70.59%58M35.48%42M
-Write off ------0------------------0--0--0--0
Income before tax 17.66%-634M-32.27%1.51B-37.23%892M-64.19%308M431.53%1.08B-200.78%-770M1,104.32%2.23B108.36%1.42B19.78%860M115.60%203M
Income tax 39.77%-53M33.01%278M16.41%149M37.50%44M440.63%173M-617.65%-88M294.34%209M412.00%128M220.00%32M220.00%32M
Net income 14.81%-581M-39.03%1.23B-42.54%743M-68.12%264M429.82%906M-149.82%-682M1,429.55%2.02B96.80%1.29B15.32%828M113.04%171M
Net income continuous Operations 14.81%-581M-39.03%1.23B-42.54%743M-68.12%264M429.82%906M-149.82%-682M1,429.55%2.02B96.80%1.29B15.32%828M113.04%171M
Minority interest income
Net income attributable to the parent company 14.81%-581M-39.03%1.23B-42.54%743M-68.12%264M429.82%906M-149.82%-682M1,429.55%2.02B96.80%1.29B15.32%828M113.04%171M
Preferred stock dividends
Other preferred stock dividends
Net income attributable to common stockholders 14.81%-581M-39.03%1.23B-42.54%743M-68.12%264M429.82%906M-149.82%-682M1,429.55%2.02B96.80%1.29B15.32%828M113.04%171M
Basic earnings per share 15.09%-0.45-39.49%0.95-42.95%0.5698-68.75%0.2438.46%0.7-152.38%-0.531,470.00%1.5795.84%0.998814.47%0.64112.75%0.13
Diluted earnings per share 15.09%-0.45-39.35%0.94-42.95%0.5698-68.75%0.2430.77%0.69-152.38%-0.531,450.00%1.5595.84%0.998814.47%0.64112.75%0.13
Dividend per share
Currency Unit USDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Accounting Standards US-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAP
Audit Opinions --Unqualified Opinion--------Unqualified Opinion------
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