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

- Company: Shopify Inc. (SHOP)
- Period: 2026-01-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-05, accession number 0001594805-26-000047
- Page: https://plicit.ai/financials/shop/fy2026-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/shop-fy2026-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/shop/fy2026-ytd-q2-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/shop-fy2026-ytd-q2-revenue-by-geography-sankey.png

Income statement for 2026-01-01 through 2026-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated 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
- **UNITED STATES**: 4,284,000,000 US dollars
- **CANADA**: 318,000,000 US dollars
- **Europe**: 1,374,000,000 US dollars
- **Asia Pacific**: 658,000,000 US dollars
- **Rest Of World**: 119,000,000 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.