Shopify Inc. financials
Key figures from Shopify Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.
Latest quarter vs a year earlier
| Metric | Jun 2026 | Jun 2025 | Change |
|---|---|---|---|
| Revenue | $3.6B | $2.7B | +33.7% |
| Net income | $1.5B | $906M | +65.8% |
| Free cash flow | $654M | $422M | +55.0% |
| Gross margin | 47.7% | 48.6% | -0.9 pts |
| Operating margin | 13.6% | 10.9% | +2.8 pts |
| Net margin | 41.9% | 33.8% | +8.1 pts |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Dec 2025 | $11.6B | $1.2B | 10.7% | $2.0B | $0.94 |
| FY Dec 2024 | $8.9B | $2.0B | 22.7% | $1.6B | $1.55 |
| FY Dec 2023 | $7.1B | $132M | 1.9% | $905M | $0.10 |
| FY Dec 2022 | $5.6B | -$3.5B | -61.8% | -$186M | -$2.73 |
| FY Dec 2021 | $4.6B | $2.9B | 63.2% | $485M | $2.29 |
* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.