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

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

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Columns are period end dates

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