Shopify (SHOP) Gross Profit (2024 - 2026)

Shopify's Gross Profit history runs 3 years deep, the most recent figure standing at $1.5 billion for Q1 2026.

• In Q1 2026, Gross Profit rose 32.25% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $5.9 billion (up 26.64% YoY), while the FY2025 annual figure was $5.6 billion, up 24.22% from the prior year.
• Gross Profit was $1.5 billion for Q1 2026 at Shopify, down from $1.7 billion in the prior quarter.
• In the past five years, Gross Profit ranged from a high of $1.7 billion in Q4 2025 to a low of $957.0 million in Q1 2024.
• Historically, Gross Profit has averaged $1.3 billion across 3 years, with a median of $1.3 billion in 2025.
• The sharpest annual moves came in 2025 and 2026: Gross Profit grew 22.15% in 2025, then jumped 32.25% in 2026.
• A 3-year view of Gross Profit shows it stood at $1.4 billion in 2024, then climbed by 25.22% to $1.7 billion in 2025, then decreased by 8.68% to $1.5 billion in 2026.
• The last three Gross Profit figures came in at $1.5 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.