Shopify (SHOP) Gross Profit (2014 - 2026)

Shopify has reported Gross Profit for 13 years, with the latest figure at $1.5 billion in Q1 2026.

• For the quarter ending Q1 2026, Gross Profit rose 32.25% year-over-year to $1.5 billion; the trailing twelve-month figure through Mar 2026 stood at $5.9 billion (up 26.64% YoY), and the FY2025 full-year result was $5.6 billion, up 24.22% from the prior year.
• Gross Profit for Q1 2026 stood at $1.5 billion, down from $1.7 billion in the prior quarter.
• The five-year high for Gross Profit was $1.7 billion in Q4 2025, with the low at $507.8 million in Q3 2022.
• Average Gross Profit over 5 years is $1.0 billion, with a median of $1.0 billion recorded in 2024.
• Year-over-year, Gross Profit decreased 17.17% in 2022 and jumped 62.37% in 2023.
• Tracing SHOP's Gross Profit over 5 years: stood at $588.3 million in 2022, then surged by 41.94% to $835.0 million in 2023, then soared by 61.92% to $1.4 billion in 2024, then grew by 25.22% to $1.7 billion in 2025, then slipped 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.

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