Growth Metrics

Shopify (SHOP) Operating Income (2016 - 2025)

Historic Operating Income for Shopify (SHOP) over the last 13 years, with Q4 2025 value amounting to $631.0 million.

  • Shopify's Operating Income rose 3569.89% to $631.0 million in Q4 2025 from the same period last year, while for Dec 2025 it was $1.5 billion, marking a year-over-year increase of 3655.81%. This contributed to the annual value of $1.5 billion for FY2025, which is 3655.81% up from last year.
  • As of Q4 2025, Shopify's Operating Income stood at $631.0 million, which was up 3569.89% from $343.0 million recorded in Q3 2025.
  • In the past 5 years, Shopify's Operating Income registered a high of $631.0 million during Q4 2025, and its lowest value of -$1.6 billion during Q2 2023.
  • Moreover, its 5-year median value for Operating Income was $90.0 million (2021), whereas its average is $16.9 million.
  • Its Operating Income has fluctuated over the past 5 years, first soared by 27197.9% in 2021, then tumbled by 802825.15% in 2022.
  • Quarter analysis of 5 years shows Shopify's Operating Income stood at $11.4 million in 2021, then plummeted by 1316.85% to -$139.1 million in 2022, then plummeted by 1076.54% to -$1.6 billion in 2023, then surged by 128.42% to $465.0 million in 2024, then soared by 35.7% to $631.0 million in 2025.
  • Its Operating Income was $631.0 million in Q4 2025, compared to $343.0 million in Q3 2025 and $291.0 million in Q2 2025.