Shopify SHOP
NASDAQ SHOP
$145.09 -0.79 (-0.54%)
At close: Sep 4, 2026 · 4:00 PM EDT

Shopify (SHOP) Gross Profit (2024 - 2026)

Shopify (SHOP) posted Gross Profit of $1.7 billion for Q2 2026, up 10.48% on a QoQ basis from $1.5 billion in Q1 2026, and up 31.18% year-over-year from $1.3 billion in Q2 2025.

Analysis

Shopify (SHOP) Gross Profit (2024 - 2026) Analysis & Trends

Shopify has reported Gross Profit for 3 years, with the latest figure at $1.7 billion in Q2 2026.

  • On a quarterly basis, Gross Profit rose 31.18% year-over-year to $1.7 billion in Q2 2026; TTM through Jun 2026 was $6.3 billion, a 28.27% increase from a year earlier, with the FY2025 full-year figure at $5.6 billion, up 24.22% from the prior year.
  • Gross Profit was $1.7 billion for Q2 2026 at Shopify, up from $1.5 billion in the prior quarter.
  • The five-year high for Gross Profit was $1.7 billion in Q2 2026, with the low at $957.0 million in Q1 2024.
  • Average Gross Profit over 3 years is $1.3 billion, with a median of $1.3 billion recorded in 2024.
  • The sharpest annual moves came in 2025 and 2026: Gross Profit increased 22.15% in 2025, then surged 32.25% in 2026.
  • Over 3 years, Gross Profit stood at $1.4 billion in 2024, then grew by 25.22% to $1.7 billion in 2025, then rose by 0.89% to $1.7 billion in 2026.
  • The last three Gross Profit figures came in at $1.7 billion (Q2 2026), $1.5 billion (Q1 2026), and $1.7 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Shopify 187.92 Bn 182.98 Bn 1.71 Bn
2 Global-E Online 6.49 Bn 6.13 Bn 131.87 Mn
3 Vtex 624.51 Mn 438.62 Mn 51.71 Mn
4 Rezolve Ai 359.91 Mn 248.80 Mn -
5 Commerce.com 212.95 Mn 56.62 Mn 63.53 Mn
6 Baozun 154.04 Mn -65.26 Mn 302.56 Mn
7 BeLive Holdings 23.36 Mn 16.74 Mn -
8 Paid 20.26 Mn 19.18 Mn 1.22 Mn
9 Caro Holdings 11.71 Mn 11.71 Mn -
10 My Size 1.36 Mn 650,132.45 973,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.71 Bn
Mar 31, 2026 1.55 Bn
Dec 31, 2025 1.69 Bn
Sep 30, 2025 1.39 Bn
Jun 30, 2025 1.30 Bn
Mar 31, 2025 1.17 Bn
Dec 31, 2024 1.35 Bn
Sep 30, 2024 1.12 Bn
Jun 30, 2024 1.05 Bn
Mar 31, 2024 957.00 Mn