Shopify (SHOP) Equity Income (2024 - 2026)
Shopify's quarterly Equity Income came in at -$21.0 million in Q1 2026, up 8.7% year-on-year from -$19.3 million in Q1 2025, and down 175.0% quarter-over-quarter from $28.0 million in Q4 2025.
Shopify has reported Equity Income for 3 years, with the latest figure at -$21.0 million in Q1 2026.
- For the quarter ending Q1 2026, Equity Income rose 8.7% year-over-year to -$21.0 million; the trailing twelve-month figure through Mar 2026 stood at -$38.0 million (up 67.52% YoY), and the FY2025 full-year result was -$40.0 million, up 71.01% from the prior year.
- Equity Income for Q1 2026 stood at -$21.0 million, down from $28.0 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 -$23.0 million recorded in 2025.
- Year-over-year, Equity Income jumped 227.27% in 2025 and advanced 8.7% in 2026.
- Tracing SHOP's Equity Income over 3 years: stood at -$22.0 million in 2024, then jumped by 227.27% to $28.0 million in 2025, then sank by 175.0% to -$21.0 million in 2026.
- The last three Equity Income figures came in at -$21.0 million (Q1 2026), $28.0 million (Q4 2025), and -$21.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | - |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | -20.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -21.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | - |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | - |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |