SHOPNasdaqServices-Prepackaged SoftwareFiscal year ends December 31

SHOPIFY INC.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026

$171.06+1.54 (+0.91%)

Close on Oct 19, 2026

Market cap: $222.03B
P/E (TTM): 114.8
Dividend yield: –

SHOPIFY INC. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31
Revenue	11,556	8,880	7,060	5,600	4,612	2,929	1,578	1,073	673	389	205	105	50
Cost of Revenue	6,001	4,408	3,545	2,846	2,131	1,388	713	477	293	180	92	43	14
Gross Profit	5,555	4,472	3,515	2,754	2,481	1,542	866	596	380	209	113	62	37
Research & Development	1,536	1,367	1,730	1,503	854	552	355	231	136	74	40	26	14
Selling, General & Admin	2,134	1,803	1,711	1,938	1,276	847	627	458	293	172	91	57	27
Selling & Marketing	1,663	1,393	1,220	1,230	902	602	473	350	226	129	70	46	23
General & Administrative	471	410	491	708	375	245	154	107	68	43	21	12	3.98
Advertising Expenses	753	546	497	505	420	241	178	131	92	58	38	31	14
Operating Expenses	4,087	3,397	4,933	3,576	2,213	1,451	1,007	688	429	247	131	83	41
Operating Income	1,468	1,075	-1,418	-822	269	90	-141	-92	-49	-37	-18	-22	-4.27
Interest Expense	–	–	–	3.50	3.49	9.09	0	–	–	–	–	–	–
Income from Equity Investments	-40	-138	-58	0	–	–	–	–	–	–	–	–	–
Other Non-Operating Income	41	1,153	1,603	-2,801	2,872	150	45	27	9.16	1.81	-1.03	-0.70	-0.57
Asset Impairment Charges	0	0	1,438	81	30	32	0	0	0	0	0	–	–
Gain (Loss) on Sale of Assets	–	–	–	–	0	0	0	0	–	–	0	-0.10	-0.07
Legal Settlements	–	–	–	-0.10	–	–	–	–	–	–	–	–	–
Pretax Income	1,509	2,228	185	–	–	–	–	–	–	–	-19	-22	-4.84
Income Tax Expense	278	209	53	-163	226	-79	29	0	0	0	0	0	0
Net Income	1,231	2,019	132	-3,460	2,915	320	-125	-65	-40	-35	-19	-22	-4.84
EPS (Basic)(per share)	0.95	1.57	0.10	-2.73	2.34	0.27	-0.11	-0.06	-0.04	-0.04	-0.03	-0.06	-0.01
EPS (Diluted)(per share)	0.94	1.55	0.10	-2.73	2.29	0.26	-0.11	-0.06	-0.04	-0.04	-0.03	-0.06	-0.01
Shares Outstanding (Basic, Weighted)(shares)	1,299	1,290	1,282	1,266	1,247	1,196	1,130	1,057	958	840	617	389	372
Shares Outstanding (Diluted, Weighted)(shares)	1,305	1,302	1,296	1,266	1,274	1,235	1,130	1,057	958	840	617	389	372
EBITDA	1,499	1,111	-1,348	-729	335	160	-105	-65	-26	-23	-11	-17	-2.51

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 47.8%
Operating margin: 13.9%
Net margin: 14.5%
Return on equity, FY2025: 9.8%

Financial strength

Current ratio: 5.35
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 113.4%

Valuation

P/E ratio: 114.8
Price to sales: 16.73
Price to book: 17.50
Dividend yield: –