Net Income
Net Income
Shopify Net Income decreased by 178.2% to -$581.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.8%, from -$682.00M to -$581.00M. Over 3 years (FY 2022 to FY 2025), Net Income shows an upward trend with a -29.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Consistent growth in net income is the primary driver of long-term stock price appreciation and dividend capacity.
Detailed definition
The 'bottom line' profit of the company after all expenses, including interest and taxes, have been deducted from total...
Peer comparison
This is the standard metric for calculating Earnings Per Share (EPS) and Price-to-Earnings (P/E) ratios.
Metric ID:
net_incomeHistorical Data
17 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$865.00M | -$865.00M | -$865.00M | -$865.00M | $33.00M | $33.00M | $33.00M | $33.00M | -$273.00M | $171.00M | $828.00M | $1.29B | -$682.00M | $906.00M | $264.00M | $743.00M | -$581.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +103.8% | +0.0% | +0.0% | +0.0% | -927.3% | +162.6% | +384.2% | +56.2% | -152.7% | +232.8% | -70.9% | +181.4% | -178.2% |
| YoY Change | — | — | — | — | +103.8% | +103.8% | +103.8% | +103.8% | -927.3% | +418.2% | >999% | >999% | -149.8% | +429.8% | -68.1% | -42.5% | +14.8% |
Range-$865.00M – $1.29B
CAGR-9.5%
Avg YoY Growth+486.0%
Median YoY Growth+103.8%
Net Income at Other Companies
Frequently Asked Questions
- What is Shopify's net income?
- Shopify (SHOP) reported net income of -$581.00M in Q1 2026.
- How has Shopify's net income changed year-over-year?
- Shopify's net income increased by 14.8% year-over-year, from -$682.00M to -$581.00M.
- What is the long-term trend for Shopify's net income?
- Over 3 years (2022 to 2025), Shopify's net income has grown at a -29.1% compound annual growth rate (CAGR), from -$3.46B to $1.23B.
- What does net income mean?
- The final profit of the company after every single expense and tax has been paid.