Shopify (SHOP) Income from Continuing Operations (2024 - 2026)
Shopify (SHOP) posted Income from Continuing Operations of $1.5 billion for Q2 2026, up 358.52% on a QoQ basis from -$581.0 million in Q1 2026, and up 65.78% year-over-year from $906.0 million in Q2 2025.
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Analysis
Shopify (SHOP) Income from Continuing Operations (2024 - 2026) Analysis & Trends
Shopify has reported Income from Continuing Operations for 3 years, with the latest figure at $1.5 billion in Q2 2026.
- On a quarterly basis, Income from Continuing Operations rose 65.78% year-over-year to $1.5 billion in Q2 2026; TTM through Jun 2026 was $1.9 billion, a 17.78% decrease from a year earlier, with the FY2025 full-year figure at $1.2 billion, down 39.03% from the prior year.
- Income from Continuing Operations was $1.5 billion for Q2 2026 at Shopify, up from -$581.0 million in the prior quarter.
- The five-year high for Income from Continuing Operations was $1.5 billion in Q2 2026, with the low at -$682.0 million in Q1 2025.
- Average Income from Continuing Operations over 3 years is $417.1 million, with a median of $503.5 million recorded in 2025.
- The largest YoY upside for Income from Continuing Operations was 429.82% in 2025 against a maximum downside of 149.82% in 2025.
- Over 3 years, Income from Continuing Operations stood at $1.3 billion in 2024, then sank by 42.54% to $743.0 million in 2025, then surged by 102.15% to $1.5 billion in 2026.
- The last three Income from Continuing Operations figures came in at $1.5 billion (Q2 2026), -$581.0 million (Q1 2026), and $743.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn | 112.19 Bn |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn | 15.85 Bn |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn | 3.40 Bn |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn | 7.63 Bn |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn | 1.50 Bn |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn | 2.44 Bn |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - | 1.95 Bn |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn | 6.96 Bn |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn | 633.49 Mn |
| 10 | AppLovin | 104.19 Bn | 94.23 Bn | 1.70 Bn | 1.27 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.50 Bn |
| Mar 31, 2026 | -581.00 Mn |
| Dec 31, 2025 | 743.00 Mn |
| Sep 30, 2025 | 264.00 Mn |
| Jun 30, 2025 | 906.00 Mn |
| Mar 31, 2025 | -682.00 Mn |
| Dec 31, 2024 | 1.29 Bn |
| Sep 30, 2024 | 828.00 Mn |
| Jun 30, 2024 | 171.00 Mn |
| Mar 31, 2024 | -273.00 Mn |
API Access
Shopify Income from Continuing Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=income-from-continuing-operations&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-continuing-operations", "ticker": "SHOP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=income-from-continuing-operations&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();