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Shopify, Inc.

NASDAQ · Technology · Software - Application · CA

$151.85
+6.51%
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Income statement

MetricTTM2025202420232022
Revenue
Total Revenue14.2B11.6B8.9B7.1B5.6B
Cost of Revenue7.4B6.0B4.4B3.5B2.8B
Gross Profit6.7B5.6B4.5B3.5B2.8B
Operating Expenses
R&D Expense1.8B1.5B1.4B1.7B1.5B
SG&A Expense2.4B2.1B1.8B1.7B1.9B
General & Admin Expense506.0M471.0M410.0M491.0M708.0M
Selling & Marketing Expense1.9B1.7B1.4B1.2B1.2B
Other Expenses491.0M417.0M227.0M1.5B135.0M
Total Operating Expenses4.7B4.1B3.4B4.9B3.6B
Cost and Expenses12.1B10.1B7.8B8.5B6.4B
Operating Income (EBIT)2.1B1.5B1.1B(1.4B)(822.0M)
Non-Operating
Interest Income285.0M331.0M308.0M241.0M76.0M
Interest Expense————1.1M
Net Interest Income285.0M331.0M308.0M241.0M75.0M
Other Non-Op Income/Expense463.0M41.0M1.2B1.6B(2.8B)
Non-Operating Income (excl Interest)(302.0M)(430.0M)(172.0M)(1.5B)(135.0M)
EBT (Pre-Tax Income)2.5B1.5B2.2B185.0M(3.6B)
Income Tax Expense406.0M278.0M209.0M53.0M(163.0M)
Bottom Line
Net Income2.1B1.2B2.0B132.0M(3.5B)
Earnings from Cont. Ops2.1B1.2B2.0B132.0M(3.5B)
Earnings from Discont. Ops—————
Bottom Line Net Income2.1B1.2B2.0B132.0M(3.5B)
Per Share
Basic EPS$1.65$0.95$1.56$0.10($2.73)
Diluted EPS$1.65$0.94$1.55$0.10($2.73)
Revenue Per Share$11.01$8.90$6.86$5.51$4.42
Shares
Basic Shares Outstanding1.3B1.3B1.3B1.3B1.3B
Diluted Shares Outstanding1.3B1.3B1.3B1.3B1.3B
Profitability Metrics
EBITDA2.4B1.9B1.3B144.0M(594.0M)
D&A28.0M31.0M36.0M70.0M93.0M
EBIT2.4B1.9B1.2B74.0M(687.0M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026