Shopify (SHOP) Equity Income (2024 - 2026)
Shopify (SHOP) reported Equity Income of -$22 million for Q2 2026, compared with -$24 million a year earlier.
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Analysis
Shopify (SHOP) Equity Income (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Shopify's Equity Income came in at -$36 million; for FY2025, it was -$40 million.
- By year, Equity Income came in at -$138 million in FY2024 and -$58 million in FY2023.
- Five-year quarterly Equity Income spans a low of -$44 million in Q1 2024 and a high of $28 million in Q4 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$21 million (Q1 2026), $28 million (Q4 2025) and -$21 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn | - |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn | - |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn | 137.00 Mn |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn | -22.00 Mn |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn | -21.00 Mn |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - | - |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn | -6.00 Mn |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn | - |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn | - |
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 |
API Access
Shopify Equity Income 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=equity-income&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "equity-income", "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=equity-income&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();