Shopify (SHOP) Revenue (2014 - 2026)
Shopify's quarterly Revenue came in at $3.2 billion in Q1 2026, up 34.32% year-on-year from $2.4 billion in Q1 2025, and down 13.67% quarter-over-quarter from $3.7 billion in Q4 2025.
Shopify has reported Revenue for 10 years, with the latest figure at $3.2 billion in Q1 2026.
- For the quarter ending Q1 2026, Revenue rose 34.32% year-over-year to $3.2 billion; the trailing twelve-month figure through Mar 2026 stood at $12.4 billion (up 31.85% YoY), and the FY2025 full-year result was $11.6 billion, up 30.14% from the prior year.
- Revenue for Q1 2026 stood at $3.2 billion, down from $3.7 billion in the prior quarter.
- The five-year high for Revenue was $3.7 billion in Q4 2025, with the low at $1.9 billion in Q1 2024.
- Average Revenue over 3 years is $2.6 billion, with a median of $2.7 billion recorded in 2025.
- Year-over-year, Revenue climbed 26.81% in 2025 and surged 34.32% in 2026.
- Tracing SHOP's Revenue over 3 years: stood at $2.8 billion in 2024, then surged by 30.58% to $3.7 billion in 2025, then fell by 13.67% to $3.2 billion in 2026.
- The last three Revenue figures came in at $3.2 billion (Q1 2026), $3.7 billion (Q4 2025), and $2.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 11.19 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 11.20 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 13.20 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 3.17 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 3.77 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.47 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 6.40 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 5.94 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 8.56 Bn |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | 1.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.17 Bn |
| Dec 31, 2025 | 3.67 Bn |
| Sep 30, 2025 | 2.84 Bn |
| Jun 30, 2025 | 2.68 Bn |
| Mar 31, 2025 | 2.36 Bn |
| Dec 31, 2024 | 2.81 Bn |
| Sep 30, 2024 | 2.16 Bn |
| Jun 30, 2024 | 2.05 Bn |
| Mar 31, 2024 | 1.86 Bn |
| Mar 31, 2020 | 350.57 Mn |
| Dec 31, 2019 | 505.16 Mn |
| Sep 30, 2019 | 295.89 Mn |
| Jun 30, 2019 | 270.54 Mn |
| Mar 31, 2019 | 240.98 Mn |
| Dec 31, 2018 | 343.86 Mn |
| Sep 30, 2018 | 206.59 Mn |
| Jun 30, 2018 | 189.89 Mn |
| Mar 31, 2018 | 169.59 Mn |
| Dec 31, 2017 | 222.81 Mn |
| Sep 30, 2017 | 171.46 Mn |
| Jun 30, 2017 | 112.79 Mn |
| Mar 31, 2017 | 96.22 Mn |
| Dec 31, 2016 | 130.38 Mn |
| Sep 30, 2016 | 76.39 Mn |
| Jun 30, 2016 | 86.65 Mn |
| Mar 31, 2016 | 72.72 Mn |
| Dec 31, 2015 | 70.17 Mn |
| Sep 30, 2015 | 52.79 Mn |
| Jun 30, 2015 | 44.93 Mn |
| Mar 31, 2015 | 37.35 Mn |
| Dec 31, 2014 | 35.18 Mn |
| Sep 30, 2014 | 27.35 Mn |
| Jun 30, 2014 | 23.68 Mn |