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 | 201.01 Bn | 180.77 Bn | 8.16 Bn | 2.28 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | 144.12 Mn |
| 3 | Shopify | 161.99 Bn | 156.25 Bn | 1.55 Bn | -581.00 Mn |
| 4 | Salesforce | 151.21 Bn | 139.38 Bn | 8.56 Bn | 2.11 Bn |
| 5 | Uber Technologies | 138.75 Bn | 137.54 Bn | 5.95 Bn | 263.00 Mn |
| 6 | ServiceNow | 108.04 Bn | 103.38 Bn | 2.82 Bn | 298.00 Mn |
| 7 | Automatic Data Processing | 102.88 Bn | 99.65 Bn | 2.87 Bn | 1.36 Bn |
| 8 | Adobe | 95.92 Bn | 90.29 Bn | 5.90 Bn | 1.71 Bn |
| 9 | Cadence Design Systems | 92.69 Bn | 91.28 Bn | 1.41 Bn | 335.66 Mn |
| 10 | Snowflake | 92.31 Bn | 89.35 Bn | 926.45 Mn | -295.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |