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Shopify Inc.

SHOP Technology Computer Software: Prepackaged Software
$145.31
▲ +0.1% Today
as of Sep 4, 16:54 ET
Last 30 days +11.37% Jul 28 → Sep 04
$113.69 $125.73 $137.77 $149.81 $161.85 Jul 28 Aug 05 Aug 12 Aug 20 Aug 27 Sep 04
Open
$144.56
High
$149.43
Low
$144.56
Volume
$7M
Avg Vol
$10M
Mkt Cap
$205.4B
P/E (TTM)
159.44
Beta
52w High
$182.19
52w Low
$94.00
Div Yield
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Recent Press Releases & News last 60 days · 25 items

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Overview

52-week range
$94
$182
58% of range
Avg surprise (last 3)
+17.9%
Avg reaction (last 2)
-8.1%
0% positive
Latest IV / EM
53%
EM ±2.2% · $146 · Sep 4

Earnings trends

EPS — actual vs estimate Actual Estimate
$-0.21$0.13$0.47$0.82$1.16 Actual $-0.21Actual $0.13Actual $0.64Actual $0.18Est $0.17Actual $0.25Est $0.20Actual $0.20Actual $0.27Est $0.22Actual $1.16 MarJunSepMar/2025Jun/2025SepMar/2026Jun
Revenue vs Net Income Revenue Net income
$-682M$429M$1.5B$2.7B$3.8B Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Tue Jun 30, 2026Jun 2026 $1.16 financials
Tue May 5, 2026Mar/2026 $0.27 $0.22 +22.7% +50.0% -15.6% earnings
Tue Sep 30, 2025Sep 2025 $0.20 financials
Wed Aug 6, 2025Jun/2025 $0.25 $0.20 +25.0% earnings
Thu May 8, 2025Mar/2025 $0.18 $0.17 +5.9% -0.5% earnings
Mon Sep 30, 2024Sep 2024 $0.64 financials
Sun Jun 30, 2024Jun 2024 $0.13 financials
Sun Mar 31, 2024Mar 2024 $-0.21 financials

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$3.58B$3.17B$2.84B$2.68B$2.36B$2.16B
Cost of revenue$1.88B$1.62B$1.45B$1.38B$1.19B$1.04B
Gross profit$1.71B$1.55B$1.39B$1.30B$1.17B$1.12B
Operating income$488M$382M$343M$291M$203M$283M
Net income$1.50B$-581M$264M$906M$-682M$828M
EPS (diluted)$1.16$-0.45$0.20$0.69$-0.53$0.64

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$1.66B$1.85B$1.54B$2.41B$1.54B$1.31B$1.50B
Inventory
Total current assets$7.82B$8.49B$8.30B$8.71B$8.00B$7.45B$7.25B
Total assets$14.47B$14.12B$15.19B$15.04B$14.56B$13.40B$13.92B
Long-term debt
Total liabilities
Total equity$12.68B$12.50B$13.47B$12.51B$12.12B$11.05B$11.56B$10.12B

Implied volatility — last 90 days

45%81%116%151%186% Jun 07 — IV 76% · EM ±7.1%Jun 08 — IV 66% · EM ±5.5%Jun 09 — IV 70% · EM ±5.1%Jun 10 — IV 74% · EM ±4.3%Jun 11 — IV 65% · EM ±2.7%Jun 15 — IV 66% · EM ±4.8%Jun 16 — IV 68% · EM ±4.0%Jun 17 — IV 72% · EM ±3.0%Jun 19 — IV 54% · EM ±5.9%Jun 22 — IV 64% · EM ±5.3%Jun 23 — IV 65% · EM ±4.7%Jun 24 — IV 71% · EM ±4.2%Jun 25 — IV 66% · EM ±2.8%Jun 29 — IV 62% · EM ±14.7%Jun 30 — IV 64% · EM ±14.8%Jul 01 — IV 63% · EM ±2.6%Jul 03 — IV 58% · EM ±6.4%Jul 06 — IV 64% · EM ±5.3%Jul 07 — IV 68% · EM ±4.9%Jul 08 — IV 65% · EM ±3.8%Jul 09 — IV 61% · EM ±2.5%Jul 13 — IV 65% · EM ±5.5%Jul 14 — IV 62% · EM ±4.5%Jul 15 — IV 62% · EM ±3.6%Jul 16 — IV 67% · EM ±2.8%Jul 20 — IV 66% · EM ±5.5%Jul 21 — IV 65% · EM ±4.7%Jul 22 — IV 65% · EM ±3.9%Jul 23 — IV 63% · EM ±2.6%Jul 27 — IV 67% · EM ±5.6%Jul 28 — IV 69% · EM ±5.0%Jul 29 — IV 72% · EM ±4.2%Jul 30 — IV 67% · EM ±2.8%Aug 03 — IV 146% · EM ±12.2%Aug 04 — IV 186% · EM ±13.5%Aug 05 — IV 75% · EM ±4.5%Aug 06 — IV 63% · EM ±2.6%Aug 10 — IV 50% · EM ±4.2%Aug 11 — IV 49% · EM ±3.5%Aug 12 — IV 46% · EM ±2.7%Aug 13 — IV 54% · EM ±2.3%Aug 17 — IV 48% · EM ±4.0%Aug 18 — IV 48% · EM ±3.5%Aug 19 — IV 48% · EM ±2.8%Aug 20 — IV 49% · EM ±2.0%Aug 24 — IV 52% · EM ±4.3%Aug 25 — IV 51% · EM ±3.7%Aug 26 — IV 50% · EM ±2.9%Aug 27 — IV 50% · EM ±2.1%Aug 31 — IV 48% · EM ±4.0%Sep 01 — IV 49% · EM ±3.6%Sep 02 — IV 49% · EM ±2.9%Sep 03 — IV 53% · EM ±2.2%

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