Shopify Inc. (SHOP) FY2026 Q2 P&L / Income Statement

Shopify Inc. (SHOP) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue and costs use their disclosed categories.

Revenues

3,583,000,000 US dollars

Cost of revenues

1,875,000,000 US dollars

Gross profit

1,708,000,000 US dollars

Total operating expenses

1,220,000,000 US dollars

Income from operations

488,000,000 US dollars

Total other income (expense), net

1,287,000,000 US dollars

Income before income taxes

1,775,000,000 US dollars

Provision for income taxes

273,000,000 US dollars

Net income

1,502,000,000 US dollars

Subscription solutions revenue

802,000,000 US dollars

Merchant solutions revenue

2,781,000,000 US dollars

Subscription solutions cost of revenue

163,000,000 US dollars

Merchant solutions cost of revenue

1,712,000,000 US dollars

Sales and marketing

498,000,000 US dollars

Research and development

445,000,000 US dollars

General and administrative

136,000,000 US dollars

Transaction and loan losses

141,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.