Shopify (SHOP) Equity Income (2024 - 2026)
Shopify (SHOP) posted Equity Income of -$22.0 million for Q2 2026, down 4.76% on a QoQ basis from -$21.0 million in Q1 2026, and up 8.33% year-over-year from -$20.3 million in Q2 2025.
Analysis
Shopify (SHOP) Equity Income (2024 - 2026) Analysis & Trends
Shopify has reported Equity Income for 3 years, with the latest figure at -$22.0 million in Q2 2026.
- On a quarterly basis, Equity Income rose 8.33% year-over-year to -$22.0 million in Q2 2026; TTM through Jun 2026 was -$36.0 million, a 62.89% increase from a year earlier, with the FY2025 full-year figure at -$40.0 million, up 71.01% from the prior year.
- Equity Income was -$22.0 million for Q2 2026 at Shopify, down from -$21.0 million in the prior quarter.
- The five-year high for Equity Income was $28.0 million in Q4 2025, with the low at -$44.0 million in Q1 2024.
- Average Equity Income over 3 years is -$22.1 million, with a median of -$22.5 million recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: Equity Income soared 227.27% in 2025, then gained 8.33% in 2026.
- Over 3 years, Equity Income stood at -$22.0 million in 2024, then jumped by 227.27% to $28.0 million in 2025, then plunged by 178.57% to -$22.0 million in 2026.
- The last three Equity Income figures came in at -$22.0 million (Q2 2026), -$21.0 million (Q1 2026), and $28.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 187.92 Bn | 182.98 Bn | 1.71 Bn | -22.00 Mn |
| 2 | Global-E Online | 6.49 Bn | 6.13 Bn | 131.87 Mn | - |
| 3 | Vtex | 624.51 Mn | 438.62 Mn | 51.71 Mn | - |
| 4 | Rezolve Ai | 359.91 Mn | 248.80 Mn | - | - |
| 5 | Commerce.com | 212.95 Mn | 56.62 Mn | 63.53 Mn | - |
| 6 | Baozun | 154.04 Mn | -65.26 Mn | 302.56 Mn | - |
| 7 | BeLive Holdings | 23.36 Mn | 16.74 Mn | - | - |
| 8 | Paid | 20.26 Mn | 19.18 Mn | 1.22 Mn | - |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | - |
| 10 | My Size | 1.36 Mn | 650,132.45 | 973,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -22.00 Mn |
| Mar 31, 2026 | -21.00 Mn |
| Dec 31, 2025 | 28.00 Mn |
| Sep 30, 2025 | -21.00 Mn |
| Jun 30, 2025 | -24.00 Mn |
| Mar 31, 2025 | -23.00 Mn |
| Dec 31, 2024 | -22.00 Mn |
| Sep 30, 2024 | -28.00 Mn |
| Jun 30, 2024 | -44.00 Mn |
| Mar 31, 2024 | -44.00 Mn |