Operating
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
StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase indicates higher profitability and operational success, while a decrease may signal rising costs or declining sales.
Detailed definition
Net income represents the total profit of the company after all operating expenses, taxes, and interest have been deduct...
Peer comparison
Standard across all public companies, though margins vary significantly by industry sector.
Metric ID:
net_income_cfHistorical 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 total profit a company earns after all expenses and taxes are paid.