Income Statement
SHOPIFY INC.
SHOP
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY |
|---|---|---|
|
Revenue
|
11,556.00 | 8,880.00 |
|
Cost of Revenue
|
6,001.00 | 4,408.00 |
|
Gross Profit
|
5,555.00 | 4,472.00 |
|
Operating Expenses
|
4,087.00 | 3,397.00 |
|
Research & Development
|
1,536.00 | 1,367.00 |
|
Selling, General & Administrative
|
1,663.00 | 1,393.00 |
|
Other Operating Expenses
|
- | - |
|
Operating Income
|
1,468.00 | 1,075.00 |
|
Non-Operating Income
|
41.00 | 1,153.00 |
|
Interest Income
|
- | - |
|
Interest Expense
|
3.00 | 3.00 |
|
Other Non-Op Income / Expense
|
-40.00 | -138.00 |
|
Income Before Tax
|
1,509.00 | - |
|
Income Tax Expense
|
278.00 | 209.00 |
|
Non-Controlling Interest
|
- | - |
|
Net Income
|
1,231.00 | 2,019.00 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY |
|---|---|---|
|
Depreciation & Amortization
|
- | - |
|
EBITDA
|
1,499.00 | 1,111.00 |
|
Earnings Per Share (Basic)
|
0.95 | 1.57 |
|
Diluted EPS
|
0.94 | 1.55 |
|
Weighted Average Shares
|
1,298.96 | 1,289.81 |
|
Diluted Weighted Avg Shares
|
1,304.95 | 1,301.51 |
|
Comprehensive Income
|
1,242.00 | 2,019.00 |