Shopify (SHOP) Profit After Tax (2024 - 2026)

Shopify's (SHOP) quarterly Profit After Tax came in at -$581.0 million in Q1 2026, down 14625.0% year-on-year from N/an in Q1 2025, and down 179.16% quarter-over-quarter from $734.0 million in Q4 2025.

Shopify (SHOP) Profit After Tax (2024 - 2026) Analysis & Trends

Shopify's Profit After Tax history runs 3 years deep, the most recent figure standing at -$581.0 million for Q1 2026.

  • On a quarterly basis, Profit After Tax fell 14625.0% year-over-year to -$581.0 million in Q1 2026; TTM through Mar 2026 was $1.3 billion, a 41.78% decrease from a year earlier, with the FY2025 full-year figure at $1.2 billion, down 38.6% from the prior year.
  • Profit After Tax fell to -$581.0 million in Q1 2026 per SHOP's latest filing, from $734.0 million in the prior quarter.
  • Across five years, Profit After Tax topped out at $1.3 billion in Q4 2024 and bottomed at -$581.0 million in Q1 2026.
  • The 3-year median for Profit After Tax is $258.0 million (2025), against an average of $369.8 million.
  • Across the five-year window, Profit After Tax surged 439.41% in 2025 and plunged 14625.0% in 2026, its largest moves.
  • Year by year, Profit After Tax stood at $1.3 billion in 2024, then plunged by 42.61% to $734.0 million in 2025, then sank by 179.16% to -$581.0 million in 2026.
  • Per Business Quant, the three latest SHOP Profit After Tax figures stand at -$581.0 million (Q1 2026), $734.0 million (Q4 2025), and $258.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 2.28 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 144.12 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -581.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 263.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 2.11 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 298.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 1.36 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -295.57 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 335.66 Mn
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn 52.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -581.00 Mn
Dec 31, 2025 734.00 Mn
Sep 30, 2025 258.00 Mn
Jun 30, 2025 917.00 Mn
Mar 31, 2025 4.00 Mn
Dec 31, 2024 1.28 Bn
Sep 30, 2024 828.00 Mn
Jun 30, 2024 170.00 Mn
Mar 31, 2024 -281.00 Mn