Saturday 17 October 2026 Export SHOP’s income statement to Excel — free account

Shopify Inc.

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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Market cap: $229.2B
P/E: 114×
Fwd P/E: 123×
Dividend yield: —
F-score: 6/9
Altman Z: 75.00
Beneish M: −2.19
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Older periods	Sep '25	Dec '25	Mar '26	Jun '26
P/E ratio Full definition →	+8 more quarters Free account	108.47	171.24	116.29	77.15
P/S ratio Full definition →		18.06	18.09	12.50	11.15
P/FCF ratio Full definition →		101.54	104.20	72.94	62.88
P/Operating CF Full definition →		376.61	288.40	321.42	224.75
P/B ratio Full definition →		15.44	15.52	12.37	11.66
Price to Tangible BV Full definition →		16.12	16.14	12.90	12.16
EV/Sales Full definition →		17.64	17.69	12.13	10.85
EV/EBITDA Full definition →		141.45	136.36	89.42	76.90
EV/Operating CF Full definition →		98.12	100.54	69.84	60.59
EV/FCF Full definition →		99.17	101.86	70.74	61.24
Quick Ratio Full definition →		3.83	5.79	6.05	5.20
Current Ratio Full definition →		3.93	5.96	6.20	5.35
Net Debt/EBITDA Full definition →		(15.47)	(8.79)	(14.76)	(9.65)
Debt/Assets Full definition →		6.12%	1.13%	0.00%	1.16%
Debt/Equity Full definition →		0.07	0.01	0.00	0.01
Asset Turnover Full definition →		0.78	0.79	0.90	0.91
Operating CF/Net income Full definition →		1.94	0.98	(0.83)	0.44
Capex/Depreciation Full definition →		(0.75)	(1.43)	(0.71)	(0.57)
Research and Development Expense of Revenue Full definition →		13.19%	10.62%	13.79%	12.42%
Selling, General and Administrative Expense of Revenue Full definition →		18.46%	15.20%	19.27%	17.69%
Intangible Assets out of Total Assets Full definition →		0.03	0.03	0.04	0.04
Share Based Compensation of Revenue Full definition →		3.76%	3.13%	4.16%	3.57%
Graham Net Nets Full definition →		0.03	0.03	0.04	0.04
Graham Number Full definition →		17.22	14.81	14.84	18.06
Earnings Yield Full definition →		0.92%	0.58%	0.86%	1.30%
Free Cash Flow Yield Full definition →		0.98%	0.96%	1.37%	1.59%
Revenue per Share Full definition →		2.19	2.83	2.43	2.77
Operating CF per Share Full definition →		0.39	0.56	0.37	0.51
Capex per Share Full definition →		0.00	(0.01)	0.00	0.00
Free Cash Flow per Share Full definition →		0.39	0.55	0.37	0.50
Cash per Share Full definition →		4.88	4.45	4.41	3.82
Shareholders Equity per Share Full definition →		9.62	10.37	9.59	9.79
Interest Debt per Share Full definition →		0.00	0.00	0.00	0.00
Book value per Share Full definition →		9.62	10.37	9.59	9.79
Free Cash Flow Full definition →		507.00	715.00	476.00	654.00
Working Capital Full definition →		6,492.00	6,904.00	7,124.00	6,356.00
Capital Expenditures Full definition →		(6.00)	(10.00)	(5.00)	(4.00)
Net Current Asset Value Full definition →		6,177.00	6,580.00	6,875.00	6,030.00
EV/EBIT Full definition →		144.92	139.24	91.05	78.11
Capex to Sales Full definition →		0.00	0.00	0.00	0.00
Price to Operating Income Full definition →		148.39	142.43	93.87	80.20
Other line items
Average Receivables Full definition →		1,782.00	1,925.00	2,117.50	2,298.50
Average Payables Full definition →		793.50	906.00	905.00	978.00
Average Assets Full definition →		13,684.00	14,556.50	13,760.50	14,515.50
Average Common Equity Full definition →		11,314.50	12,515.50	11,776.00	12,404.00

Fold the line items

Columns are period end dates

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