# Shopify (SHOP) — Earnings

SHOP · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/shop/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.41 |
| EPS estimate | $0.40 |
| EPS surprise | +4.33% |
| Revenue surprise | +4.16% |
| Revenue | $3.5B |
| Revenue estimate | $3.4B |
| Reported | Aug 5, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1594805/000159480526000047/shop-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/02417526-2090-a501-9e89-47333c3368c7.html) |

Shopify reported Q2 2026 results on August 5, 2026. Earnings per share were $0.41, beating the $0.40 estimate by 4.33%. Revenue was $3.5 billion, 4.16% above the $3.4 billion consensus. Compared with Q2 2025, EPS rose about 14% from $0.36 and revenue rose about 30% from $2.7 billion.

The table shows fast growth from a low base. Shopify posted small losses in Q2 and Q3 2022, and full-year 2022 EPS was just $0.04. Annual EPS then rose to $0.74 in 2023, $1.26 in 2024 and $1.43 in 2025. Revenue more than doubled, from $5.5 billion in 2022 to $11.5 billion in 2025. Q4 was the largest quarter of each full year, and Q4 2025 set the table's highs at $0.48 per share and $3.6 billion. First-half 2026 EPS totals $0.77, about 26% above $0.61 a year earlier. Over the last 20 quarters, Shopify beat the EPS estimate 14 times.

Shopify reported Q3 between October 27 and November 12 in each of the past five years. That points to late October or the first half of November 2026 for the next report. It will show whether revenue keeps growing at the pace of recent quarters.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 5, 2026 | $0.40 | $0.41 | 4.33% | $3.4B | $3.5B |
| Q1 2026 | May 5, 2026 | $0.33 | $0.36 | 11.22% | $3.0B | $3.1B |
| Q4 2025 | Feb 11, 2026 | $0.51 | $0.48 | -6.02% | $3.6B | $3.6B |
| Q3 2025 | Nov 4, 2025 | $0.34 | $0.34 | 1.49% | $2.8B | $2.9B |
| Q2 2025 | Aug 6, 2025 | $0.29 | $0.36 | 23.67% | $2.6B | $2.7B |
| Q1 2025 | May 8, 2025 | $0.25 | $0.25 | -2.45% | $2.3B | $2.3B |
| Q4 2024 | Feb 11, 2025 | $0.43 | $0.43 | -1.64% | $2.7B | $2.8B |
| Q3 2024 | Nov 12, 2024 | $0.28 | $0.37 | 32.97% | $2.2B | $2.2B |
| Q2 2024 | Aug 7, 2024 | $0.20 | $0.26 | 27.53% | $2.0B | $2.1B |
| Q1 2024 | May 8, 2024 | $0.17 | $0.20 | 18.00% | $1.9B | $1.9B |
| Q4 2023 | Feb 13, 2024 | $0.31 | $0.35 | 12.71% | $2.1B | $2.2B |
| Q3 2023 | Nov 2, 2023 | $0.15 | $0.24 | 66.28% | $1.7B | $1.7B |
| Q2 2023 | Aug 2, 2023 | $0.06 | $0.14 | 121.32% | $1.6B | $1.7B |
| Q1 2023 | May 4, 2023 | −$0.04 | $0.01 | 125.00% | $1.4B | $1.5B |
| Q4 2022 | Feb 15, 2023 | −$0.01 | $0.07 | 618.66% | $1.6B | $1.7B |
| Q3 2022 | Oct 27, 2022 | −$0.07 | −$0.02 | 70.68% | $1.3B | $1.3B |
| Q2 2022 | Jul 27, 2022 | $0.02 | −$0.03 | -220.97% | $1.3B | $1.3B |
| Q1 2022 | May 5, 2022 | $0.06 | $0.02 | -67.25% | $1.3B | $1.2B |
| Q4 2021 | Feb 16, 2022 | $0.13 | $0.14 | 5.00% | $1.3B | $1.4B |
| Q3 2021 | Oct 28, 2021 | $0.12 | $0.08 | -33.42% | $1.1B | $1.1B |

## Frequently Asked Questions

### When did Shopify (SHOP) last report earnings?

Shopify last reported on Aug 5, 2026, covering fiscal Q2 2026.

### Did SHOP beat earnings estimates?

Yes. Shopify reported EPS of $0.41 for Q2 2026 against a $0.40 estimate — a 4.33% beat.

### How much revenue did SHOP report last quarter?

Shopify reported $3.5B in revenue for Q2 2026, against a consensus estimate of $3.4B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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