Shopify (SHOP) Income from Continuing Operations (2024 - 2026)
Shopify (SHOP) posted Income from Continuing Operations of $1.5 billion for Q2 2026, up 65.8% from $906 million a year earlier.
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Analysis
Shopify (SHOP) Income from Continuing Operations (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Income from Continuing Operations at Shopify was $1.93 billion, down 17.8% year-over-year; for FY2025, it was $1.23 billion, down 39.0% from FY2024.
- Annual Income from Continuing Operations shows a five-year compound annual growth rate of 31.0% (FY2020 to FY2025).
- In prior years, Shopify's Income from Continuing Operations was $2.02 billion in FY2024, $132 million in FY2023, -$3.46 billion in FY2022 and $2.91 billion in FY2021 (+812.2%).
- The Q2 2026 figure stands as the highest quarterly Income from Continuing Operations in data going back to Q1 2024.
- On a year-over-year basis, Income from Continuing Operations increased in two of the last four quarters, with growth averaging 96.2%.
- According to Business Quant data, Income from Continuing Operations for the three prior quarters was -$581 million (Q1 2026), $743 million (Q4 2025) and $264 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn | 112.19 Bn |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn | 15.85 Bn |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn | 3.40 Bn |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn | 5.16 Bn |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn | 1.50 Bn |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn | 2.44 Bn |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - | 1.95 Bn |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn | 6.96 Bn |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn | 633.49 Mn |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn | 816.00 Mn |
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();