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Shopify SHOP Net Income

Net Income at other companies

Adobe logo
AdobeADBE
$1.71B+1.2%
eBay logo
eBayEBAY
$550M+51.1%
Salesforce logo
SalesforceCRM
$3.53B+86.9%
Global Payments logo
Global PaymentsGPN
$12.97M-94.6%
Etsy logo
EtsyETSY
-$46.65M-262%
Block logo
BlockXYZ
$88.52M-83.6%

Other financials

Income statement

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Revenue$3.6B+33.7%
Gross profit$1.7B+31.2%
Operating income$488.0M+67.7%
EPS (diluted)$1.16+68.1%

Balance sheet

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Cash & equivalents$1.7B+7.4%
Total debt$178.0M-84.4%
Total equity$12.7B+4.6%
Total assets$14.5B-0.6%

Cash flow

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Operating cash flow$658.0M+53.7%
CapEx$4.0M-33.3%
Free cash flow$654.0M+55.0%

Valuation

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Market cap$193.37B+6.4%
Enterprise value$191.89B+5.8%
P/E104.9×-25.6×
P/S14.6×-4.6×

Profitability

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Gross margin47.5%-1.2pp
Operating margin13.9%+2.0pp
Net margin13.9%+3.4pp
FCF margin17.7%0.0pp

Returns & leverage

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Return on equity24.1%+8.7pp
Debt / equity-0.1×
Current ratio5.4×+1.5×

Where this comes from

Reported directly by Shopify in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Shopify’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 7:03 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001594805-26-000047
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Total other income (expense), net1,287788271(185)
Income before income taxes1,7751,0791,141309
Provision for income taxes(273)(173)(220)(85)
Net income1,502906921224
Net income per share attributable to shareholders:
Basic$1.16$0.70$0.71$0.17
Diluted$1.16$0.69$0.71$0.17
Weighted average shares used to compute net income per share attributable to shareholders:

Item 1: Financial Statements (unaudited)

FAQ

What is Shopify's net income?
Shopify (SHOP) reported net income of $1.5B in Q2 2026.
How has Shopify's net income changed year-over-year?
Shopify's net income increased by 65.8% year-over-year, from $906M to $1.5B.
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 -31.9% compound annual growth rate (CAGR), from -$3.62B to $1.15B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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