Axon Equity

SHOP · Deep research

Shopify Inc.SHOP · NASDAQ · USD
DEEP RESEARCH

Shopify Inc. (SHOP) | FY2026-Q2 Deep Research Report

Institutional buy-side analysis of SHOP FY2026-Q2 based on official SEC EDGAR 10-Q/10-K filings, dissecting unit economics, segment momentum, and Non-GAAP earnings quality.

Fiscal year
FY2026
Period
Q2
Period end
2026-06-30
Calendar year
2026
QUARTERLY EARNINGS

Quarterly Revenue to Net Income Breakdown

FY2026 Q22026-04-01 — 2026-06-30

Band width represents value. Select an item to trace its full earnings path.

Revenue mix
Revenue
Gross profit
Operating income
Pre-tax income
Net income
Related filings

Data as of 2026-08-07

Earnings flow data · 2026-04-01 – 2026-06-30 · USD
ItemUSD
Revenue12000000000
Cost of revenue5400000000
Gross profit6600000000
Operating expenses3300000000
Operating income3300000000
Pretax income3366000000
Income tax504900000
Net income2861100000
Total business revenue12000000000
Non-operating income, net66000000

Sources: SHOP 10-Q Official SEC Filing · 2026-06-30

SHOP