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Shopify Inc. (SHOP) stock

SHOPNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026Score 12/30
$157.49−9.40 (-5.63%)

Close on Oct 30, 2026Market cap $202.63BP/E 105.7Yield –

Earnings

Shopify's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Nov 3, 2026
Q3 FY2026 · estimated, before the open
Revenue, Q1 FY2026
$3.17B
+34.3% on a year earlier
EPS, Q1 FY2026
–
Latest guidance
Issued
Aug 5, 2026 · 2 items

Quarterly results

Revenue and earnings per share from each of Shopify's earnings releases, newest first

QuarterReportedRevenueYoYEPSSource
Q3 FY2026ended Sep 30, 2026Nov 3, 2026Expected––––
Q2 FY2026ended Jun 30, 2026Aug 5, 2026before the open–––Release
Q1 FY2026ended Mar 31, 2026May 5, 2026before the open$3.17B+34.3%–Release
Q4 FY2025ended Dec 31, 2025Feb 11, 2026before the open$3.67B––Release
Q3 FY2025ended Sep 30, 2025Nov 4, 2025before the open–––Release
Q2 FY2025ended Jun 30, 2025Aug 6, 2025before the open–––Release
Q1 FY2025ended Mar 31, 2025May 8, 2025before the open$2.36B––Release
Q4 FY2024ended Dec 31, 2024Feb 11, 2025before the open–––Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Shopify's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
Operating expenses as a percentage of revenueQ2 FY202635% – 36%–NewMay 5, 2026
Stock-based compensationQ2 FY2026$145.00M–NewMay 5, 2026
Operating expenses as a percentage of revenueQ3 FY202633% – 34%–NewAug 5, 2026
Stock-based compensationQ3 FY2026$150.00M–NewAug 5, 2026

Guidance history

Every forecast Shopify put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Aug 5, 2026Stock-based compensationQ3 FY2026$150.00MNew
Aug 5, 2026Operating expenses as a percentage of revenueQ3 FY202633% – 34%New
May 5, 2026Stock-based compensationQ2 FY2026$145.00MNew
May 5, 2026Operating expenses as a percentage of revenueQ2 FY202635% – 36%New
Feb 11, 2026Stock-based compensationQ1 FY2026$140.00MNew
Feb 11, 2026Operating expenses as a percentage of revenueQ1 FY202637% – 38%New
Nov 4, 2025Stock-based compensationQ4 FY2025$130.00MNew
Nov 4, 2025Operating expense as a percentage of revenueQ4 FY202530% – 31%New
Aug 6, 2025Stock-based compensationQ3 FY2025$130.00MNew
Aug 6, 2025Operating expense as a percentage of revenueQ3 FY202538% – 39%New
May 8, 2025Operating expense as a percentage of revenueQ2 FY202539% – 40%New
May 8, 2025Stock-based compensationQ2 FY2025$120.00MNew
Feb 11, 2025Operating expense as a percentage of revenueQ1 FY202541% – 42%New
Feb 11, 2025Stock-based compensationQ1 FY2025$120.00MNew

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Shopify filed with the SEC as exhibits to Form 8-K or 6-K

  1. Shopify Delivers Big: 30%+ Growth Across
    Results
  2. Shopify Announces Results of its 2026 Annual Meeting of Shareholders
    News
  3. Shopify Announces $3 Billion Increase to Share Repurchase Program
    Update
  4. FOR THE ANNUAL GENERAL MEETING
    News
  5. Shopify Delivers Again as Merchants Clear $100 Billion in Q1 GMV
    Results
  6. Shopify's Standout 2025: The Launchpad for a New Era of Commerce in 2026
    Results
  7. Shopify Merchants Achieve Record-Breaking $14.6 Billion in Black Friday-Cyber Monday Sales
    News
  8. Shopify Beats Across the Board: Q3 Shows Growth, Efficiency, Brand Wins
    Results
  9. Shopify Delivers Another Exceptional Quarter in Q2
    Results
  10. Shopify Announces Results of its 2025 Annual Meeting of Shareholders
    News
  11. Merchant Success Drives Shopify's Excellent Q1 - Delivering Strong Revenue Growth AND Profitability
    Results
  12. FOR THE ANNUAL GENERAL MEETING
    News
  13. Shopify to Transfer U.S. Stock Exchange Listing to Nasdaq; No Change to TSX Listing
    Update
  14. Shopify Merchant Success Powers Q4 Outperformance Across Both Top and Bottom-Line
    Results
  15. 6-K exhibit EX-99.1
    6-K