SHOP Financials

Income Statement
MetricQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025
Revenue
3.6B
+13.0%
3.2B
-13.7%
3.7B
+29.1%
2.8B
+6.1%
2.7B
Cost of Revenue
1.9B
+15.5%
1.6B
-17.9%
2.0B
+36.2%
1.5B
+5.4%
1.4B
Gross Profit
1.7B
+10.5%
1.5B
-8.7%
1.7B
+21.7%
1.4B
+6.8%
1.3B
Operating Expenses
1.2B
+4.8%
1.2B
+9.6%
1.1B
+1.3%
1.0B
+3.7%
1.0B
R&D
445.0M
+1.8%
437.0M
+12.1%
390.0M
+4.0%
375.0M
-4.8%
394.0M
SG&A
634.0M
+3.8%
611.0M
+9.5%
558.0M
+6.3%
525.0M
-2.2%
537.0M
Operating Income
488.0M
+27.7%
382.0M
-39.5%
631.0M
+84.0%
343.0M
+17.9%
291.0M
EBITDA
495.0M
+27.2%
389.0M
-39.0%
638.0M
+81.8%
351.0M
+17.4%
299.0M
Net Income
1.5B
+358.5%
-581000000
-178.2%
743.0M
+181.4%
264.0M
-70.9%
906.0M
EPS (Basic)
$1.16
+357.8%
$-0.45
-178.9%
$0.57
+185.0%
$0.20
-71.4%
$0.70
EPS (Diluted)
$1.16
+357.8%
$-0.45
-178.9%
$0.57
+185.0%
$0.20
-71.0%
$0.69
Shares (Diluted)
1.3B
-0.4%
1.3B
+0.1%
1.3B
-0.8%
1.3B
+0.3%
1.3B
Shopify Inc. subordinate voting shares (SHOP) โ€” Financials