Shopify (SHOP) Exchange Rate Effect (2024 - 2026)

Shopify has reported Exchange Rate Effect for 3 years, with the latest figure at -$4.0 million in Q2 2026.

• On a quarterly basis, Exchange Rate Effect fell 130.77% year-over-year to -$4.0 million in Q2 2026; TTM through Jun 2026 was -$9.0 million, a 156.25% decrease from a year earlier, with the FY2025 full-year figure at $15.0 million, up 350.0% from the prior year.
• Exchange Rate Effect was -$4.0 million for Q2 2026 at Shopify, down from -$3.0 million in the prior quarter.
• The five-year high for Exchange Rate Effect was $13.0 million in Q2 2025, with the low at -$12.0 million in Q4 2024.
• Average Exchange Rate Effect over 3 years is $222222.2, with a median of -$2.0 million recorded in 2025.
• The sharpest annual moves came in 2025 and 2026: Exchange Rate Effect soared 1400.0% in 2025, then tumbled 175.0% in 2026.
• Over 3 years, Exchange Rate Effect stood at -$12.0 million in 2024, then jumped by 83.33% to -$2.0 million in 2025, then sank by 100.0% to -$4.0 million in 2026.
• The last three Exchange Rate Effect figures came in at -$4.0 million (Q2 2026), -$3.0 million (Q1 2026), and -$2.0 million (Q4 2025), per Business Quant data.