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

Revenue by Geography

2026-04-01 to 2026-06-30

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Shopify Inc. (SHOP) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETUNITED STATESEuropeAsia PacificCANADARest Of WorldRevenuesGross profitCost of revenuesIncome from operationsTotal operating expensesSales and marketingResearch and developmentTransaction and loan lossesGeneral and administrativeTotal other income (expense), netIncome before income taxesNet incomeProvision for income taxesTotal other income (expense), netTotal other income(expense), net$1.29 BIncome before income taxesPretax income$1.78 BNet incomeNet income$1.50 BRevenuesRevenues$3.58 BGross profitGross profit$1.71 BIncome from operationsIncome from operations$488.00 MTotal operating expensesTotal operatingexpenses$1.22 BUNITED STATESUNITED STATES$2.28 BProvision for income taxesProvision forincome taxes$273.00 MSales and marketingSales and marketing$498.00 MCost of revenuesCost of revenues$1.88 BResearch and developmentResearch and development$445.00 MEuropeEurope$721.00 MTransaction and loan lossesTransaction and loan losses$141.00 MAsia PacificAPAC$346.00 MGeneral and administrativeGeneral and administrative$136.00 MCANADACANADA$171.00 MRest Of WorldRest Of World$62.00 M
Chart details

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

Income statement for 2026-04-01 through 2026-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated 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
UNITED STATES
2,283,000,000 US dollars
CANADA
171,000,000 US dollars
Europe
721,000,000 US dollars
Asia Pacific
346,000,000 US dollars
Rest Of World
62,000,000 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.
Shopify Inc. (SHOP) FY2026 Q2 Revenue by Geography Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

47.7%

Gross profit / revenue

Operating margin

13.6%

Operating profit / revenue

Cash conversion

43.8%

Operating cash / net income, same period

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