Saturday 17 October 2026
Export SHOP’s income statement to Excel — free account
Shopify Inc.
SHOP Technology Software Application
Shopify Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.6 billion, up 30.1% from fiscal 2024. In the quarter to June 2026, revenue grew 33.7%, EPS grew 65.7%, free cash flow grew 55.0% and total debt fell 81.7%, each against the same quarter a year earlier. Member of the Nasdaq 100; revenue growth for ten consecutive years, operating cash flow growth for three.
169.20
8.94
−5.02%
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| Older periods | Sep '25 | Dec '25 | Mar '26 | Jun '26 | |
|---|---|---|---|---|---|
P/E ratio |
+8 more quarters Free account |
108.47 | 171.24 | 116.29 | 77.15 |
P/S ratio |
18.06 | 18.09 | 12.50 | 11.15 | |
P/FCF ratio |
101.54 | 104.20 | 72.94 | 62.88 | |
P/Operating CF |
376.61 | 288.40 | 321.42 | 224.75 | |
P/B ratio |
15.44 | 15.52 | 12.37 | 11.66 | |
Price to Tangible BV |
16.12 | 16.14 | 12.90 | 12.16 | |
EV/Sales |
17.64 | 17.69 | 12.13 | 10.85 | |
EV/EBITDA |
141.45 | 136.36 | 89.42 | 76.90 | |
EV/Operating CF |
98.12 | 100.54 | 69.84 | 60.59 | |
EV/FCF |
99.17 | 101.86 | 70.74 | 61.24 | |
Quick Ratio |
3.83 | 5.79 | 6.05 | 5.20 | |
Current Ratio |
3.93 | 5.96 | 6.20 | 5.35 | |
Net Debt/EBITDA |
(15.47) | (8.79) | (14.76) | (9.65) | |
Debt/Assets |
6.12% | 1.13% | 0.00% | 1.16% | |
Debt/Equity |
0.07 | 0.01 | 0.00 | 0.01 | |
Asset Turnover |
0.78 | 0.79 | 0.90 | 0.91 | |
Operating CF/Net income |
1.94 | 0.98 | (0.83) | 0.44 | |
Capex/Depreciation |
(0.75) | (1.43) | (0.71) | (0.57) | |
Research and Development Expense of Revenue |
13.19% | 10.62% | 13.79% | 12.42% | |
Selling, General and Administrative Expense of Revenue |
18.46% | 15.20% | 19.27% | 17.69% | |
Intangible Assets out of Total Assets |
0.03 | 0.03 | 0.04 | 0.04 | |
Share Based Compensation of Revenue |
3.76% | 3.13% | 4.16% | 3.57% | |
Graham Net Nets |
0.03 | 0.03 | 0.04 | 0.04 | |
Graham Number |
17.22 | 14.81 | 14.84 | 18.06 | |
Earnings Yield |
0.92% | 0.58% | 0.86% | 1.30% | |
Free Cash Flow Yield |
0.98% | 0.96% | 1.37% | 1.59% | |
Revenue per Share |
2.19 | 2.83 | 2.43 | 2.77 | |
Operating CF per Share |
0.39 | 0.56 | 0.37 | 0.51 | |
Capex per Share |
0.00 | (0.01) | 0.00 | 0.00 | |
Free Cash Flow per Share |
0.39 | 0.55 | 0.37 | 0.50 | |
Cash per Share |
4.88 | 4.45 | 4.41 | 3.82 | |
Shareholders Equity per Share |
9.62 | 10.37 | 9.59 | 9.79 | |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | |
Book value per Share |
9.62 | 10.37 | 9.59 | 9.79 | |
Free Cash Flow |
507.00 | 715.00 | 476.00 | 654.00 | |
Working Capital |
6,492.00 | 6,904.00 | 7,124.00 | 6,356.00 | |
Capital Expenditures |
(6.00) | (10.00) | (5.00) | (4.00) | |
Net Current Asset Value |
6,177.00 | 6,580.00 | 6,875.00 | 6,030.00 | |
EV/EBIT |
144.92 | 139.24 | 91.05 | 78.11 | |
Capex to Sales |
0.00 | 0.00 | 0.00 | 0.00 | |
Price to Operating Income |
148.39 | 142.43 | 93.87 | 80.20 | |
| Other line items | |||||
Average Receivables |
1,782.00 | 1,925.00 | 2,117.50 | 2,298.50 | |
Average Payables |
793.50 | 906.00 | 905.00 | 978.00 | |
Average Assets |
13,684.00 | 14,556.50 | 13,760.50 | 14,515.50 | |
Average Common Equity |
11,314.50 | 12,515.50 | 11,776.00 | 12,404.00 |
Columns are period end dates