Shopify Inc. Detailed Financials

Full historical quarterly statements

Metric	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Total Revenue	3.17B	3.67B	2.84B	2.68B	2.36B	2.81B	2.16B	2.04B
Cost of Goods Sold	1.62B	1.98B	1.45B	1.38B	1.19B	1.46B	1.04B	1.00B
Gross Profit	1.55B	1.69B	1.39B	1.30B	1.17B	1.35B	1.12B	1.04B
R&D Expenses	437.0M	390.0M	375.0M	394.0M	377.0M	351.0M	332.0M	349.0M
Operating Expenses	1.16B	1.06B	1.05B	1.01B	966.0M	887.0M	835.0M	804.0M
Operating Income	382.0M	631.0M	343.0M	291.0M	203.0M	465.0M	283.0M	241.0M
Other Income / Gains	-1.02B	261.0M	-35.0M	788.0M	-973.0M	956.0M	577.0M	-38.0M
Net Income	-581.0M	743.0M	264.0M	906.0M	-682.0M	1.29B	828.0M	171.0M
EPS (Diluted)	-0.45	0.58	0.20	0.70	-0.53	1.00	0.64	0.13
Reported Currency	USD	USD	USD	USD	USD	USD	USD	USD
Gross Profit Ratio	0.488	0.461	0.489	0.486	0.495	0.481	0.517	0.511
General And Administrative Expenses	115.0M	125.0M	115.0M	122.0M	109.0M	112.0M	114.0M	60.0M
Selling And Marketing Expenses	496.0M	433.0M	410.0M	415.0M	405.0M	348.0M	331.0M	353.0M
Selling General And Administrative Expenses	611.0M	558.0M	525.0M	537.0M	514.0M	460.0M	445.0M	413.0M
Other Expenses	116.0M	114.0M	148.0M	80.0M	75.0M	76.0M	58.0M	42.0M
Cost And Expenses	2.79B	3.04B	2.50B	2.39B	2.16B	2.35B	1.88B	1.80B
Interest Income	75.0M	79.0M	81.0M	106.0M	65.0M	72.0M	77.0M	80.0M
Interest Expense	0	0	0	0	0	0	0	0
Depreciation And Amortization	0	7.0M	8.0M	8.0M	8.0M	8.0M	8.0M	10.0M
Ebitda	382.0M	518.0M	316.0M	379.0M	286.0M	549.0M	349.0M	293.0M
Ebitdaratio	0.121	0.141	0.111	0.141	0.121	0.195	0.161	0.143
Operating Income Ratio	0.121	0.172	0.121	0.109	0.086	0.165	0.131	0.118
Income Before Tax	-634.0M	892.0M	308.0M	1.08B	-770.0M	1.42B	860.0M	203.0M
Income Before Tax Ratio	-0.20	0.243	0.108	0.403	-0.326	0.505	0.398	0.099
Income Tax Expense	-53.0M	149.0M	44.0M	173.0M	-88.0M	128.0M	32.0M	32.0M
Net Income Ratio	-0.183	0.202	0.093	0.338	-0.289	0.46	0.383	0.084
Epsdiluted	-0.45	0.58	0.20	0.69	-0.53	1.00	0.64	0.13
Weighted Average Shs Out	1.30B	1.30B	1.30B	1.30B	1.30B	1.29B	1.29B	1.29B
Weighted Average Shs Out Dil	1.30B	1.30B	1.31B	1.31B	1.30B	1.29B	1.30B	1.30B