Shopify Inc. (SHOP) operating KPIs
SHOPNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
$157.49−9.40 (-5.63%)
Close on Oct 30, 2026Market cap $202.63BP/E 105.7Yield –
Shopify mRR YoY Growth (%) (%)
Quarterly figures from Shopify's filings and investor materials
Latest, Q2 2026
19.0%
Period ended Jun 30, 2026
Change on a year earlier
+10.0 pts
9.0% in Q2 2025
History
12 quarters
Since Q1 2023
Sources
12
Documents cited below
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | MRR YoY Growth (%) (%) | Year on year | Source |
|---|---|---|---|---|
| Q2 2026 | Jun 30, 2026 | 19.0% | +10.0 pts | Earnings Call Transcript FY2026Q2 ↗ |
| Q1 2026 | Mar 31, 2026 | 16.0% | – | Earnings Call Transcript FY2026Q1 ↗ |
| Q4 2025 | Dec 31, 2025 | 15.0% | -9.0 pts | Earnings Call Transcript FY2025Q4 ↗ |
| Q3 2025 | Sep 30, 2025 | 10.0% | – | Earnings Call Transcript FY2025Q3 ↗ |
| Q2 2025 | Jun 30, 2025 | 9.0% | -16.0 pts | Earnings Call Transcript FY2025Q2 ↗ |
| Q4 2024 | Dec 31, 2024 | 24.0% | -11.0 pts | Earnings Call Transcript FY2024Q4 ↗ |
| Q2 2024 | Jun 30, 2024 | 25.0% | -5.0 pts | Form 6-K FY2024Q2 (filed 2024-08-07) ↗ |
| Q1 2024 | Mar 31, 2024 | 32.0% | +22.0 pts | Form 6-K FY2024Q1 (filed 2024-05-08) ↗ |
| Q4 2023 | Dec 31, 2023 | 35.0% | – | Form 6-K FY2023Q4 (filed 2024-02-13) ↗ |
| Q3 2023 | Sep 30, 2023 | 32.0% | – | Form 6-K FY2023Q3 (filed 2023-11-02) ↗ |
| Q2 2023 | Jun 30, 2023 | 30.0% | – | Form 6-K FY2023Q2 (filed 2023-08-03) ↗ |
| Q1 2023 | Mar 31, 2023 | 10.0% | – | Form 6-K FY2023Q1 (filed 2023-05-04) ↗ |
Cite this data
StockData. (2026). Shopify MRR YoY Growth (%) (%), quarterly Q1 2023–Q2 2026 [Data set]. Compiled from Shopify SEC filings and investor materials. https://stockdatahq.com/stocks/shop/kpis/mrr_yoy_pct
See every metric in the Shopify KPI table. Data updated Oct 25, 2026.