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Shopify Inc

SHOP
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135.265USD
-9.825-6.77%
Market hours 09/08, 13:52ET
19.67TMarket Cap
131.58P/E TTM

SHOP Income Statement

You can find the annual or quarterly income statement of Shopify Inc here for insights into the performance and operational efficiency of Shopify Inc.
Quarterly
Quarterly+Annual
Quarterly
Annual
YOY
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FY2026Q2
FY2026Q1
FY2025Q4
FY2025Q3
FY2025Q2
FY2025Q1
FY2024Q4
FY2024Q3
FY2024Q2
FY2024Q1
FY2023Q4
FY2023Q3
FY2023Q2
FY2023Q1
FY2022Q4
FY2022Q3
FY2022Q2
FY2022Q1
FY2021Q4
FY2021Q3
FY2021Q2
FY2021Q1
FY2020Q4
FY2020Q3
FY2020Q2
FY2020Q1
FY2019Q4
FY2019Q3
FY2019Q2
FY2019Q1
FY2018Q4
FY2018Q3
FY2018Q2
FY2018Q1
FY2017Q4
FY2017Q3
FY2017Q2
FY2017Q1
FY2016Q4
FY2016Q3
FY2016Q2
FY2016Q1
FY2015Q4
FY2015Q3
FY2015Q2
FY2015Q1
FY2014Q4
FY2014Q3
FY2014Q2
FY2014Q1
Total revenue
33.69%3.58B
34.32%3.17B
30.58%3.67B
31.54%2.84B
31.05%2.68B
26.81%2.36B
31.16%2.81B
26.14%2.16B
20.72%2.04B
23.41%1.86B
23.58%2.14B
25.46%1.71B
30.80%1.69B
25.29%1.51B
25.72%1.73B
21.58%1.37B
15.69%1.30B
21.74%1.20B
41.14%1.38B
46.43%1.12B
56.71%1.12B
110.35%988.65M
93.55%977.74M
96.49%767.40M
97.34%714.34M
46.65%470.00M
46.91%505.16M
44.61%390.55M
47.77%361.98M
49.52%320.48M
54.33%343.86M
57.51%270.06M
61.53%244.96M
68.27%214.34M
70.89%222.81M
72.18%171.46M
75.03%151.66M
75.16%127.38M
85.80%130.38M
88.64%99.58M
92.87%86.65M
94.71%72.72M
99.46%70.17M
93.03%52.79M
89.72%44.93M
98.55%37.35M
--35.18M
--27.35M
--23.68M
--18.81M
Revenue
33.69%3.58B
34.32%3.17B
30.58%3.67B
31.54%2.84B
31.05%2.68B
26.81%2.36B
31.16%2.81B
26.14%2.16B
20.72%2.04B
23.41%1.86B
23.58%2.14B
25.46%1.71B
30.80%1.69B
25.29%1.51B
25.72%1.73B
21.58%1.37B
15.69%1.30B
21.74%1.20B
41.14%1.38B
46.43%1.12B
56.71%1.12B
110.35%988.65M
93.55%977.74M
96.49%767.40M
97.34%714.34M
46.65%470.00M
46.91%505.16M
44.61%390.55M
47.77%361.98M
49.52%320.48M
54.33%343.86M
57.51%270.06M
61.53%244.96M
68.27%214.34M
70.89%222.81M
72.18%171.46M
75.03%151.66M
75.16%127.38M
85.80%130.38M
88.64%99.58M
92.87%86.65M
94.71%72.72M
99.46%70.17M
93.03%52.79M
89.72%44.93M
98.55%37.35M
--35.18M
--27.35M
--23.68M
--18.81M
Cost of revenue
36.07%1.88B
36.36%1.62B
35.55%1.98B
39.18%1.45B
37.80%1.38B
31.75%1.19B
34.94%1.46B
28.41%1.04B
16.41%1.00B
14.29%904.00M
15.54%1.08B
15.50%813.00M
34.34%859.00M
39.76%791.00M
36.24%936.47M
36.72%703.87M
28.25%639.42M
31.65%565.99M
45.21%687.37M
42.12%514.83M
46.94%498.58M
101.80%429.93M
96.19%473.36M
108.37%362.26M
115.82%339.31M
51.97%213.05M
52.59%241.27M
44.47%173.86M
45.56%157.21M
54.91%140.19M
55.52%158.12M
68.47%120.34M
66.64%108.01M
64.13%90.50M
72.97%101.67M
51.58%71.43M
60.11%64.81M
68.94%55.14M
80.98%58.78M
95.99%47.12M
105.76%40.48M
106.80%32.64M
108.61%32.48M
116.47%24.04M
110.08%19.67M
119.74%15.78M
--15.57M
--11.11M
--9.37M
--7.18M
Operating expenses
30.10%3.10B
29.25%2.79B
29.57%3.04B
32.94%2.50B
31.87%2.38B
21.52%2.16B
26.52%2.35B
20.91%1.88B
-9.35%1.80B
4.35%1.77B
-3.57%1.85B
-9.21%1.55B
33.98%1.99B
30.69%1.70B
40.87%1.92B
55.92%1.71B
51.56%1.49B
49.65%1.30B
58.57%1.37B
55.10%1.10B
40.35%980.00M
63.94%869.75M
60.90%861.20M
66.06%707.74M
73.87%698.26M
48.91%530.53M
51.49%535.24M
41.40%426.21M
45.65%401.60M
51.82%356.27M
54.34%353.32M
63.70%301.43M
64.55%275.72M
65.45%234.67M
63.88%228.93M
68.82%184.13M
75.81%167.56M
72.06%141.84M
82.14%139.69M
91.06%109.07M
96.97%95.31M
101.93%82.43M
93.29%76.69M
81.48%57.09M
57.51%48.39M
64.73%40.82M
--39.68M
--31.45M
--30.72M
--24.78M
R&D expenses
13.23%445.00M
15.96%436.00M
11.14%389.00M
12.99%374.00M
12.61%393.00M
12.24%376.00M
12.54%350.00M
5.75%331.00M
-46.14%349.00M
-26.86%335.00M
-29.40%311.00M
-24.10%313.00M
86.92%648.00M
50.86%458.00M
60.87%440.54M
86.61%412.36M
88.92%346.67M
72.66%303.58M
72.25%273.84M
54.13%220.97M
37.79%183.50M
51.14%175.83M
54.72%158.98M
58.62%143.37M
55.72%133.17M
52.36%116.34M
53.31%102.75M
46.66%90.39M
57.48%85.52M
60.02%76.36M
66.15%67.02M
69.54%61.63M
66.00%54.30M
79.42%47.72M
64.84%40.34M
86.77%36.35M
95.52%32.71M
94.54%26.59M
80.73%24.47M
93.31%19.46M
90.14%16.73M
86.93%13.67M
104.58%13.54M
53.41%10.07M
32.39%8.80M
20.16%7.31M
--6.62M
--6.56M
--6.65M
--6.09M
Depreciation, depletion, and amortization
-12.50%7.00M
-12.50%7.00M
-12.50%7.00M
0.00%8.00M
-20.00%8.00M
-20.00%8.00M
-20.00%8.00M
-38.46%8.00M
-41.18%10.00M
-65.52%10.00M
-66.47%10.00M
-52.94%13.00M
3.64%17.00M
73.97%29.00M
34.09%29.82M
103.07%27.63M
11.87%16.40M
5.51%16.67M
24.30%22.24M
-23.87%13.60M
-26.43%14.66M
9.98%15.80M
40.88%17.89M
104.39%17.87M
170.25%19.93M
110.28%14.37M
117.19%12.70M
41.11%8.74M
-0.69%7.38M
-9.89%6.83M
-24.62%5.85M
8.00%6.20M
38.73%7.43M
67.23%7.58M
74.73%7.76M
55.35%5.74M
92.83%5.35M
48.27%4.53M
101.63%4.44M
93.45%3.69M
67.73%2.78M
108.03%3.06M
68.22%2.20M
46.85%1.91M
54.82%1.66M
47.89%1.47M
--1.31M
--1.30M
--1.07M
--994.00K
Operating profit
62.13%488.00M
88.18%382.00M
35.70%631.00M
22.26%346.00M
24.90%301.00M
136.05%203.00M
60.90%465.00M
76.88%283.00M
181.42%241.00M
144.56%86.00M
253.11%289.00M
146.33%160.00M
-55.62%-296.00M
-96.99%-193.00M
-1410.39%-188.75M
-1426.09%-345.37M
-236.41%-190.21M
-182.40%-97.98M
-87.64%14.40M
-56.35%26.04M
766.95%139.44M
296.42%118.90M
487.45%116.54M
267.31%59.66M
140.60%16.08M
-69.13%-60.53M
-218.03%-30.08M
-13.68%-35.66M
-28.80%-39.62M
-76.02%-35.79M
-54.72%-9.46M
-147.46%-31.37M
-93.38%-30.76M
-40.61%-20.33M
34.30%-6.11M
-33.59%-12.68M
-83.70%-15.91M
-48.90%-14.46M
-42.74%-9.30M
-120.67%-9.49M
-150.19%-8.66M
-179.40%-9.71M
-45.03%-6.52M
-4.65%-4.30M
50.83%-3.46M
41.80%-3.48M
---4.50M
---4.11M
---7.04M
---5.97M
Net non-operating interest income (expenses)
Non-operating interest income
-37.74%66.00M
15.38%75.00M
9.72%79.00M
5.19%81.00M
32.50%106.00M
-17.72%65.00M
5.88%72.00M
22.22%77.00M
37.93%80.00M
51.92%79.00M
71.88%68.00M
201.67%63.00M
363.81%58.00M
740.20%52.00M
704.45%39.56M
362.44%20.88M
304.43%12.51M
118.69%6.19M
52.40%4.92M
19.22%4.52M
-48.05%3.09M
-72.96%2.83M
--3.23M
--3.79M
--5.95M
--10.47M
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Non-operating interest expense
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--0.00
--0.00
--1.00M
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0.11%879.00K
0.57%877.00K
-0.11%869.00K
0.11%874.00K
-88.81%878.00K
-29.56%872.00K
--870.00K
--873.00K
--7.85M
--1.24M
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Gains from sale of securities
-123.08%-6.00M
-200.00%-6.00M
172.73%32.00M
58.33%-5.00M
166.67%26.00M
112.50%6.00M
8.33%-44.00M
0.00%-12.00M
-875.00%-39.00M
-2500.00%-48.00M
-542.76%-48.00M
-150.94%-12.00M
-233.33%-4.00M
-98.29%2.00M
321.50%10.84M
-7237.31%-4.78M
-1137.11%-1.20M
5297.07%117.25M
2208.20%2.57M
294.12%67.00K
94.81%-97.00K
-185.39%-2.26M
83.67%-122.00K
103.94%17.00K
-51.62%-1.87M
701.82%2.64M
43.45%-747.00K
-507.55%-432.00K
-93.71%-1.23M
-101.38%-439.00K
-925.63%-1.32M
-81.14%106.00K
-243.89%-636.00K
-247.30%-218.00K
-41.61%160.00K
--562.00K
4118.18%442.00K
-74.48%148.00K
149.09%274.00K
----
-108.15%-11.00K
154.46%580.00K
149.55%110.00K
-137.93%-414.00K
-7.53%135.00K
-164.27%-1.06M
---222.00K
---174.00K
--146.00K
---403.00K
Return on equity
8.33%-22.00M
8.70%-21.00M
--28.00M
---21.00M
---24.00M
---23.00M
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Special income (expenses)
86.14%1.25B
-4.21%-1.06B
-73.60%245.00M
-118.36%-94.00M
949.37%671.00M
-173.73%-1.02B
148.79%928.00M
-0.97%512.00M
92.54%-79.00M
-273.49%-373.00M
178.46%373.00M
198.83%517.00M
-3.98%-1.06B
112.82%215.00M
6.74%-475.38M
-86.80%173.01M
-230.95%-1.02B
-234.09%-1.68B
-24813.73%-509.74M
955.83%1.31B
5022.46%777.75M
9949.95%1.25B
---2.05M
--124.14M
---15.80M
---12.70M
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- Gains from disposal of fixed assets
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---100.00K
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Other non-operating income (expenses)
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---123.00M
--1.00M
--0.00
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Income before tax
64.50%1.77B
17.66%-634.00M
-37.23%892.00M
-64.19%308.00M
431.53%1.08B
-200.78%-770.00M
108.36%1.42B
18.13%860.00M
115.60%203.00M
-436.84%-256.00M
210.97%682.00M
563.30%728.00M
-8.58%-1.30B
104.60%76.00M
-25.76%-614.61M
-111.72%-157.13M
-230.34%-1.20B
-220.69%-1.65B
-545.29%-488.72M
619.25%1.34B
20946.59%919.32M
2377.87%1.37B
691.98%109.75M
862.36%186.37M
115.23%4.37M
-148.95%-60.12M
-1124.57%-18.54M
-5.44%-24.45M
-19.73%-28.68M
-51.87%-24.15M
49.31%-1.51M
-147.16%-23.18M
-70.73%-23.95M
-16.94%-15.90M
66.31%-2.99M
-2.85%-9.38M
-66.25%-14.03M
-52.29%-13.60M
-40.59%-8.87M
-95.83%-9.12M
-156.04%-8.44M
-97.11%-8.93M
-31.45%-6.31M
-9.11%-4.66M
52.09%-3.30M
28.83%-4.53M
---4.80M
---4.27M
---6.88M
---6.37M
Income tax
57.80%273.00M
39.77%-53.00M
16.41%149.00M
37.50%44.00M
440.63%173.00M
-617.65%-88.00M
412.00%128.00M
220.00%32.00M
220.00%32.00M
112.50%17.00M
175.15%25.00M
683.70%10.00M
76.77%10.00M
104.48%8.00M
107.74%9.09M
-99.34%1.28M
-85.94%5.66M
-260.62%-178.45M
-731.56%-117.41M
4184.66%192.02M
227.16%40.22M
487.17%111.10M
26.89%-14.12M
-109.73%-4.70M
---31.63M
---28.70M
---19.31M
--48.34M
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Income after tax
65.78%1.50B
14.81%-581.00M
-42.54%743.00M
-68.12%264.00M
429.82%906.00M
-149.82%-682.00M
96.80%1.29B
15.32%828.00M
113.04%171.00M
-501.47%-273.00M
205.34%657.00M
553.26%718.00M
-8.90%-1.31B
104.61%68.00M
-67.97%-623.69M
-113.79%-158.41M
-236.95%-1.20B
-217.16%-1.47B
-399.75%-371.31M
501.06%1.15B
2342.06%879.09M
4104.09%1.26B
15966.41%123.87M
362.51%191.07M
225.52%36.00M
-30.14%-31.43M
150.92%771.00K
-213.94%-72.78M
-19.73%-28.68M
-51.87%-24.15M
49.31%-1.51M
-147.16%-23.18M
-70.73%-23.95M
-16.94%-15.90M
66.31%-2.99M
-2.85%-9.38M
-66.25%-14.03M
-52.29%-13.60M
-40.59%-8.87M
-95.83%-9.12M
-156.04%-8.44M
-97.11%-8.93M
-31.45%-6.31M
-9.11%-4.66M
52.09%-3.30M
28.83%-4.53M
---4.80M
---4.27M
---6.88M
---6.37M
Net income from continuous operations
65.78%1.50B
14.81%-581.00M
-42.54%743.00M
-68.12%264.00M
429.82%906.00M
-149.82%-682.00M
96.80%1.29B
15.32%828.00M
113.04%171.00M
-501.47%-273.00M
205.34%657.00M
553.26%718.00M
-8.90%-1.31B
104.61%68.00M
-67.97%-623.69M
-113.79%-158.41M
-236.95%-1.20B
-217.16%-1.47B
-399.75%-371.31M
501.06%1.15B
2342.06%879.09M
4104.09%1.26B
15966.41%123.87M
362.51%191.07M
225.52%36.00M
-30.14%-31.43M
150.92%771.00K
-213.94%-72.78M
-19.73%-28.68M
-51.87%-24.15M
49.31%-1.51M
-147.16%-23.18M
-70.73%-23.95M
-16.94%-15.90M
66.31%-2.99M
-2.85%-9.38M
-66.25%-14.03M
-52.29%-13.60M
-40.59%-8.87M
-95.83%-9.12M
-156.04%-8.44M
-97.11%-8.93M
-31.45%-6.31M
-9.11%-4.66M
52.09%-3.30M
28.83%-4.53M
---4.80M
---4.27M
---6.88M
---6.37M
Other net gains and losses
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--47.00M
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Net income attributable to controlling interests
65.78%1.50B
14.81%-581.00M
-42.54%743.00M
-68.12%264.00M
429.82%906.00M
-149.82%-682.00M
96.50%1.29B
15.32%828.00M
113.04%171.00M
-501.47%-273.00M
205.50%658.00M
553.26%718.00M
-8.90%-1.31B
104.61%68.00M
-67.97%-623.69M
-113.79%-158.41M
-236.95%-1.20B
-217.16%-1.47B
-401.97%-371.31M
498.21%1.15B
2342.06%879.09M
4104.09%1.26B
15848.38%122.96M
363.76%191.98M
225.52%36.00M
-30.14%-31.43M
150.92%771.00K
-213.94%-72.78M
-19.73%-28.68M
-51.87%-24.15M
49.31%-1.51M
-147.16%-23.18M
-70.73%-23.95M
-16.94%-15.90M
66.31%-2.99M
-2.85%-9.38M
-66.25%-14.03M
-52.29%-13.60M
-40.59%-8.87M
-95.83%-9.12M
-156.04%-8.44M
-97.11%-8.93M
-31.45%-6.31M
-9.11%-4.66M
52.09%-3.30M
28.83%-4.53M
---4.80M
---4.27M
---6.88M
---6.37M
Net income attributable to common shareholders
65.78%1.50B
14.81%-581.00M
-42.54%743.00M
-68.12%264.00M
429.82%906.00M
-149.82%-682.00M
96.50%1.29B
15.32%828.00M
113.04%171.00M
-501.47%-273.00M
205.50%658.00M
553.26%718.00M
-8.90%-1.31B
104.61%68.00M
-67.97%-623.69M
-113.79%-158.41M
-236.95%-1.20B
-217.16%-1.47B
-401.97%-371.31M
498.21%1.15B
2342.06%879.09M
4104.09%1.26B
15848.38%122.96M
363.76%191.98M
225.52%36.00M
-30.14%-31.43M
150.92%771.00K
-213.94%-72.78M
-19.73%-28.68M
-51.87%-24.15M
49.31%-1.51M
-147.16%-23.18M
-70.73%-23.95M
-16.94%-15.90M
66.31%-2.99M
-2.85%-9.38M
-66.25%-14.03M
-52.29%-13.60M
-40.59%-8.87M
-95.83%-9.12M
-156.04%-8.44M
-97.11%-8.93M
-31.45%-6.31M
-9.11%-4.66M
52.09%-3.30M
28.83%-4.53M
---4.80M
---4.27M
---6.88M
---6.37M
Basic earnings per share
66.11%1.16
15.33%-0.45
-42.98%0.57
-68.35%0.20
426.22%0.70
-148.27%-0.53
95.47%1.00
14.67%0.64
112.96%0.13
-498.23%-0.21
204.51%0.51
548.34%0.56
-7.33%-1.02
104.55%0.05
-65.86%-0.49
-113.59%-0.12
-235.15%-0.95
-214.59%-1.17
-393.47%-0.30
476.41%0.92
2227.94%0.71
3894.50%1.02
14697.06%0.10
347.51%0.16
218.44%0.03
-23.61%-0.03
148.23%0.00
-196.04%-0.06
-13.27%-0.03
-40.00%-0.02
53.00%0.00
-128.84%-0.02
-51.88%-0.02
-3.19%-0.02
69.82%0.00
11.55%-0.01
-43.49%-0.01
-35.89%-0.02
-23.17%-0.01
-74.92%-0.01
-138.39%-0.01
-82.10%-0.01
-25.12%-0.01
43.82%-0.01
52.92%0.00
28.77%-0.01
---0.01
---0.01
---0.01
---0.01
Diluted earnings per share
67.20%1.16
15.33%-0.45
-42.44%0.57
-68.39%0.20
426.13%0.69
-148.27%-0.53
102.01%0.99
14.81%0.64
112.85%0.13
-496.97%-0.21
200.16%0.49
544.01%0.55
-7.33%-1.02
104.57%0.05
-65.86%-0.49
-113.87%-0.12
-238.33%-0.95
-217.78%-1.17
-396.95%-0.30
485.48%0.90
2251.24%0.69
3791.75%0.99
14523.53%0.10
338.81%0.15
214.57%0.03
-23.61%-0.03
148.23%0.00
-196.04%-0.06
-13.27%-0.03
-40.00%-0.02
53.00%0.00
-128.84%-0.02
-51.88%-0.02
-3.19%-0.02
69.82%0.00
11.55%-0.01
-43.49%-0.01
-35.89%-0.02
-23.17%-0.01
-74.92%-0.01
-138.39%-0.01
-82.10%-0.01
-25.12%-0.01
43.82%-0.01
52.92%0.00
28.77%-0.01
---0.01
---0.01
---0.01
---0.01
Dividend per share
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
Currency unit
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
Audit opinions
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FAQs

How do I read Shopify Inc's income statement on TradingKey?

Start with total revenue, then review cost of revenue, gross profit, operating expenses, operating profit, income before tax, net income, and EPS. Revenue shows the scale of the business, while margins and profit lines show whether that revenue is being converted into earnings efficiently.

What is the difference between quarterly and annual income statements?

A quarterly income statement shows performance for a three-month fiscal period, while an annual income statement summarizes the full fiscal year. Quarterly data is useful for tracking recent momentum and seasonality, while annual data is better for judging long-term growth, profitability, and business cycles.

What does YOY mean on the income statement page?

YOY means year over year. It compares a financial metric with the same period in the previous year, such as this quarter's revenue versus revenue in the same quarter last year. YOY comparison helps investors see growth trends while reducing the impact of normal seasonal changes.

Which income statement metrics matter most when analyzing SHOP stock?

Important metrics include revenue growth, gross profit, gross margin, operating profit, operating margin, net income, EPS, R&D expenses, SG&A expenses, and tax expense. Investors usually look at these together to judge whether the company is growing, controlling costs, and improving profitability.

What was Shopify Inc's revenue at year end?

Shopify Inc reported 11.56B in revenue for fiscal year 2025, up from 8.88B in the previous year.

How much revenue did Shopify Inc report in the most recent quarter?

Shopify Inc reported 3.58B in revenue for the most recent quarter, an increase of 33.69% year over year.

What was Shopify Inc's net income for the year?

Shopify Inc posted 1.23B in net income for fiscal year 2025.

How much net income did Shopify Inc post in the last quarter?

Shopify Inc reported 1.50B in net income for the latest quarter。

What was Shopify Inc's annual operating profit?

Shopify Inc's operating income was 1.48B for fiscal year 2025.

How is EPS related to the income statement?

EPS, or earnings per share, is based on net income divided by the number of shares outstanding. It helps investors understand how much profit the company generated for each share, but it should be reviewed alongside share count changes, margins, cash flow, and valuation metrics.
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