Shopify Inc.
Close on Nov 2, 2026Market cap $201.00BP/E 104.8Yield –
Shopify Net Income Excluding the Impact of Equity Investments by Year
Net Income Excluding the Impact of Equity Investments (Non-GAAP) ($M) ($M)
Shopify Net Income Excluding the Impact of Equity Investments: $1,525M in FY2025, up 23.3% from a year earlier.
Where the FY2025 figure comes from
“|| Net income excluding the impact of equity investments (4) | 594 | 458 | 1,525 | 1,237 (7)Capital expenditures”
Source: Earnings Release (Form 8-K FY2025Q4) (filed 2026-02-11) ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Net Income Excluding the Impact of Equity Investments (Non-GAAP) ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 1,525 | +23.3% | Earnings Release (Form 8-K FY2025Q4) (filed 2026-02-11) ↗ |
| FY2024 | Dec 31, 2024 | 1,237 | – | Earnings Release (Form 8-K FY2025Q4) (filed 2026-02-11) ↗ |
Breakdown
What makes up net Income Excluding the Impact of Equity Investments
Cite this data
StockData. (2026). Shopify Net Income Excluding the Impact of Equity Investments ($M), annual FY2024–FY2025 [Data set]. Compiled from Shopify SEC filings and investor materials. https://stockdatahq.com/stocks/shop/kpis/net-income-ex-equity-investments
See every metric in the Shopify KPI table. Data updated Oct 25, 2026.