Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and…
| Quarter | Revenue | YoY | Net Income | EPS (dil.) | YoY | Gross Margin | Op. Margin |
|---|---|---|---|---|---|---|---|
| Q1 2026 Mar 2026 | $3.17B | +34.3% | $-581.0M | $-0.45 | +15.0% | 48.8% | 15.7% |
| Q4 2025 Dec 2025 | $3.67B | — | $743.0M | $0.57 | — | 46.1% | 20.3% |
| Q3 2025 Sep 2025 | $2.84B | — | $264.0M | $0.20 | — | 48.9% | 17.3% |
| Q2 2025 Jun 2025 | $2.68B | — | $906.0M | $0.69 | — | 48.6% | 13.8% |
| Q1 2025 Mar 2025 | $2.36B | — | $-682.0M | $-0.53 | — | 49.5% | 11.8% |
Data from Yahoo Finance. YoY compares the same quarter of the prior fiscal year.
Is Shopify’s latest pullback a warning sign, or the kind of setup bullish investors wait for before earnings? Maik Kemper Editor in Chief We believe Shopify could be…
