Shopify (SHOP) Retained Earnings (2014 - 2026)
Shopify (SHOP) posted quarterly Retained Earnings of -$4.0 million for Q1 2026, up 33.33% year-over-year from -$3.0 million in Q1 2025, and down 100.14% quarter-over-quarter from $2.9 billion in Q4 2025.
Shopify (SHOP) Retained Earnings (2014 - 2026) Analysis & Trends
Shopify's Retained Earnings history runs 13 years deep, the most recent figure standing at -$4.0 million for Q1 2026.
- In Q1 2026, Retained Earnings rose 33.33% year-over-year to -$4.0 million; the TTM figure through Mar 2026 stood at -$4.0 million (up 33.33% YoY), while the FY2025 annual figure was $2.9 billion, up 28700.0% from the prior year.
- Retained Earnings for Q1 2026 stood at -$4.0 million, down from $2.9 billion in the prior quarter.
- The five-year high for Retained Earnings was $2.9 billion in Q4 2025, with the low at -$16.0 million in Q4 2022.
- The 5-year median for Retained Earnings is $500000.0 (2025), against an average of $649.6 million.
- The sharpest annual moves came in 2024 and 2025: Retained Earnings slumped 103.98% in 2024, then jumped 28700.0% in 2025.
- Shopify's Retained Earnings stood at -$16.0 million in 2022, then soared by 1668.75% to $251.0 million in 2023, then plunged by 103.98% to -$10.0 million in 2024, then surged by 28700.0% to $2.9 billion in 2025, then slumped by 100.14% to -$4.0 million in 2026.
- Business Quant data shows SHOP's Retained Earnings at -$4.0 million in Q1 2026, $2.9 billion in Q4 2025, and $2.1 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 56.47 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 3.78 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 23.95 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 35.70 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 6.01 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 12.09 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 26.97 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 16.42 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 22.85 Bn |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 234.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.78 Bn |
| Mar 31, 2026 | -4.00 Mn |
| Dec 31, 2025 | 2.86 Bn |
| Sep 30, 2025 | 2.12 Bn |
| Jun 30, 2025 | 5.00 Mn |
| Mar 31, 2025 | -6.00 Mn |
| Dec 31, 2024 | -10.00 Mn |
| Dec 31, 2023 | 251.00 Mn |
| Dec 31, 2022 | -16.00 Mn |
| Dec 31, 2021 | 2.94 Bn |
| Dec 31, 2020 | 261.44 Mn |
| Dec 31, 2019 | 62.63 Mn |
| Dec 31, 2018 | 74.81 Mn |
| Dec 31, 2017 | 3.44 Mn |
| Dec 31, 2016 | 27.01 Mn |
| Dec 31, 2015 | 11.72 Mn |
| Dec 31, 2014 | -29.06 Mn |