Shopify (SHOP) Operating Income (2024 - 2026)

Shopify has reported Operating Income for 3 years, with the latest figure at $488.0 million in Q2 2026.

• On a quarterly basis, Operating Income rose 67.7% year-over-year to $488.0 million in Q2 2026; TTM through Jun 2026 was $1.8 billion, a 48.47% increase from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 36.56% from the prior year.
• Operating Income was $488.0 million for Q2 2026 at Shopify, up from $382.0 million in the prior quarter.
• The five-year high for Operating Income was $631.0 million in Q4 2025, with the low at $86.0 million in Q1 2024.
• Average Operating Income over 3 years is $341.3 million, with a median of $317.0 million recorded in 2025.
• The largest YoY upside for Operating Income was 136.05% in 2025 against a maximum downside of 20.75% in 2025.
• Over 3 years, Operating Income stood at $465.0 million in 2024, then soared by 35.7% to $631.0 million in 2025, then retreated by 22.66% to $488.0 million in 2026.
• The last three Operating Income figures came in at $488.0 million (Q2 2026), $382.0 million (Q1 2026), and $631.0 million (Q4 2025), per Business Quant data.