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

Revenue by Product and Service

2026-01-01 to 2026-06-30

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Shopify Inc. (SHOP) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Product and service. Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETMerchant solutions revenueSubscription solutions revenueRevenuesGross profitCost of revenuesMerchant solutions cost of revenueSubscription solutions cost of revenueIncome 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$271.00 MIncome before income taxesPretax income$1.14 BRevenuesRevenues$6.75 BGross profitGross profit$3.25 BIncome from operationsIncome from operations$870.00 MNet incomeNet income$921.00 MTotal operating expensesTotal operatingexpenses$2.38 BProvision for income taxesProvision forincome taxes$220.00 MMerchant solutions revenueMerchant solutions$5.20 BSales and marketingSales and marketing$994.00 MCost of revenuesCost of revenues$3.50 BResearch and developmentResearch and development$882.00 MTransaction and loan lossesTransaction and loan losses$257.00 MSubscription solutions revenueSubscription solutions$1.55 BGeneral and administrativeGeneral and administrative$251.00 MMerchant solutions cost of revenueMerchant solutions$3.19 BSubscription solutions cost of revenueSubscription solutions$311.00 M
Chart details

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

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

Revenues
6,753,000,000 US dollars
Cost of revenues
3,499,000,000 US dollars
Gross profit
3,254,000,000 US dollars
Total operating expenses
2,384,000,000 US dollars
Income from operations
870,000,000 US dollars
Total other income (expense), net
271,000,000 US dollars
Income before income taxes
1,141,000,000 US dollars
Provision for income taxes
220,000,000 US dollars
Net income
921,000,000 US dollars
Subscription solutions revenue
1,552,000,000 US dollars
Merchant solutions revenue
5,201,000,000 US dollars
Subscription solutions cost of revenue
311,000,000 US dollars
Merchant solutions cost of revenue
3,188,000,000 US dollars
Sales and marketing
994,000,000 US dollars
Research and development
882,000,000 US dollars
General and administrative
251,000,000 US dollars
Transaction and loan losses
257,000,000 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 YTD Q2 P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

48.2%

Gross profit / revenue

Operating margin

12.9%

Operating profit / revenue

Cash conversion

123.7%

Operating cash / net income, same period

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