Operating

Net Income

Shopify Net Income increased by 181.4% to $743.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 42.5%, from $1.29B to $743.00M. Over 3 years (FY 2022 to FY 2025), Net Income shows an upward trend with a -29.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.

Detailed definition

Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...

Peer comparison

Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.

Metric ID: cf_net_income

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
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
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%
YoY Change+103.8%+103.8%+103.8%+103.8%-927.3%+418.2%>999%>999%-149.8%+429.8%-68.1%-42.5%
Range-$865.00M$1.29B
CAGR-4.0%
Avg YoY Growth+525.2%
Median YoY Growth+103.8%

Frequently Asked Questions

What is Shopify's net income?
Shopify (SHOP) reported net income of $743.00M in Q4 2025.
How has Shopify's net income changed year-over-year?
Shopify's net income decreased by 42.5% year-over-year, from $1.29B to $743.00M.
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 company's total profit after all expenses and taxes have been paid.

Cookie Preferences

We use cookies for analytics. See our Privacy and Cookie Policy.