Shopify (SHOP) EBIT (2024 - 2026)
Shopify (SHOP) posted EBIT of $488.0 million for Q2 2026, up 27.75% on a QoQ basis from $382.0 million in Q1 2026, and up 67.7% year-over-year from $291.0 million in Q2 2025.
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Analysis
Shopify (SHOP) EBIT (2024 - 2026) Analysis & Trends
Shopify has reported EBIT for 3 years, with the latest figure at $488.0 million in Q2 2026.
- On a quarterly basis, EBIT rose 67.7% year-over-year to $488.0 million in Q2 2026; TTM through Jun 2026 was $1.8 billion, a 48.47% increase from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 36.56% from the prior year.
- EBIT was $488.0 million for Q2 2026 at Shopify, up from $382.0 million in the prior quarter.
- The five-year high for EBIT was $631.0 million in Q4 2025, with the low at $86.0 million in Q1 2024.
- Average EBIT over 3 years is $341.3 million, with a median of $317.0 million recorded in 2025.
- The largest YoY upside for EBIT was 136.05% in 2025 against a maximum downside of 20.75% in 2025.
- Over 3 years, EBIT stood at $465.0 million in 2024, then soared by 35.7% to $631.0 million in 2025, then retreated by 22.66% to $488.0 million in 2026.
- The last three EBIT figures came in at $488.0 million (Q2 2026), $382.0 million (Q1 2026), and $631.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,070.34 Bn | 3,641.31 Bn | 73.85 Bn | 40.77 Bn |
| 2 | Meta Platforms | 1,876.83 Bn | 1,786.57 Bn | 49.47 Bn | 18.78 Bn |
| 3 | Netflix | 297.14 Bn | 288.01 Bn | 6.52 Bn | 4.19 Bn |
| 4 | Alibaba Group Holding | 257.29 Bn | 222.03 Bn | 15.11 Bn | 2.23 Bn |
| 5 | Shopify | 184.36 Bn | 179.41 Bn | 1.71 Bn | 488.00 Mn |
| 6 | Uber Technologies | 141.62 Bn | 136.41 Bn | 6.38 Bn | 1.89 Bn |
| 7 | Booking Holdings | 117.14 Bn | 99.93 Bn | 4.98 Bn | 2.50 Bn |
| 8 | PDD Holdings | 112.73 Bn | 82.45 Bn | 9.45 Bn | 4.08 Bn |
| 9 | AppLovin | 105.70 Bn | 102.65 Bn | 1.70 Bn | 1.49 Bn |
| 10 | Spotify Technology | 105.08 Bn | 94.17 Bn | 1.86 Bn | 761.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 488.00 Mn |
| Mar 31, 2026 | 382.00 Mn |
| Dec 31, 2025 | 631.00 Mn |
| Sep 30, 2025 | 343.00 Mn |
| Jun 30, 2025 | 291.00 Mn |
| Mar 31, 2025 | 203.00 Mn |
| Dec 31, 2024 | 465.00 Mn |
| Sep 30, 2024 | 283.00 Mn |
| Jun 30, 2024 | 241.00 Mn |
| Mar 31, 2024 | 86.00 Mn |
API Access
Shopify EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "ticker": "SHOP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();