Shopify (SHOP) Retained Earnings (2014 - 2026)

Shopify's Retained Earnings history runs 12 years deep, the most recent figure standing at $2.3 billion for Q1 2026.

• In Q1 2026, Retained Earnings rose 38083.33% year-over-year to $2.3 billion; the TTM figure through Mar 2026 stood at $2.3 billion (up 38083.33% YoY), while the FY2025 annual figure was $2.9 billion, up 28700.0% from the prior year.
• Retained Earnings was $2.3 billion for Q1 2026 at Shopify, down from $2.9 billion in the prior quarter.
• In the past five years, Retained Earnings ranged from a high of $2.9 billion in Q4 2025 to a low of -$522.0 million in Q4 2022.
• Historically, Retained Earnings has averaged $1.0 billion across 5 years, with a median of $923.5 million in 2025.
• The sharpest annual moves came in 2022 and 2026: Retained Earnings slumped 8637.86% in 2022, then jumped 38083.33% in 2026.
• A 5-year view of Retained Earnings shows it stood at -$522.0 million in 2022, then rose by 25.29% to -$390.0 million in 2023, then soared by 97.44% to -$10.0 million in 2024, then soared by 28700.0% to $2.9 billion in 2025, then fell by 20.31% to $2.3 billion in 2026.
• The last three Retained Earnings figures came in at $2.3 billion (Q1 2026), $2.9 billion (Q4 2025), and $2.1 billion (Q3 2025), per Business Quant data.