Shopify (SHOP) Profit After Tax (2024 - 2026)
Shopify (SHOP) posted Profit After Tax of $1.5 billion for Q2 2026, up 356.31% on a QoQ basis from -$586.0 million in Q1 2026, and up 63.79% year-over-year from $917.0 million in Q2 2025.
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Analysis
Shopify (SHOP) Profit After Tax (2024 - 2026) Analysis & Trends
Shopify has reported Profit After Tax for 3 years, with the latest figure at $1.5 billion in Q2 2026.
- On a quarterly basis, Profit After Tax rose 63.79% year-over-year to $1.5 billion in Q2 2026; TTM through Jun 2026 was $1.9 billion, a 18.57% decrease from a year earlier, with the FY2025 full-year figure at $1.2 billion, down 38.48% from the prior year.
- Profit After Tax was $1.5 billion for Q2 2026 at Shopify, up from -$586.0 million in the prior quarter.
- The five-year high for Profit After Tax was $1.5 billion in Q2 2026, with the low at -$678.0 million in Q1 2025.
- Average Profit After Tax over 3 years is $417.8 million, with a median of $504.5 million recorded in 2025.
- The largest YoY upside for Profit After Tax was 439.41% in 2025 against a maximum downside of 141.28% in 2025.
- Over 3 years, Profit After Tax stood at $1.3 billion in 2024, then tumbled by 42.38% to $745.0 million in 2025, then jumped by 101.61% to $1.5 billion in 2026.
- The last three Profit After Tax figures came in at $1.5 billion (Q2 2026), -$586.0 million (Q1 2026), and $745.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (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 Profit After Tax 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=profit-after-tax&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "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=profit-after-tax&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();