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Shopify (SHOP) net income by quarter

Shopify's net income was $462M in Q3 2026 (third quarter 2026), -69% from Q2 2026. Over the last 5 quarters it ranged from $264M (Q3 2025) to $1.5B (Q2 2026).

Shopify net income by quarterShopify net income by quarter$906MQ2 2025$264MQ3 2025$743MQ4 2025$1.5BQ2 2026$462MQ3 2026
QuarterNet incomeQ/QY/Y
Q3 2026$462M-69%+75%
Q2 2026$1.5B+102%+66%
Q4 2025$743M+181%—
Q3 2025$264M-71%—
Q2 2025$906M——

Q3 2026 at a glance

Shopify, Q3 2026: revenue $3.7B (+32% year over year), operating margin 15.2%, net earnings $462M, operating cash flow $818M. The chart follows the revenue to costs, profit and cash.

Questions

What is Shopify's net income?

Shopify's net income was $462M in Q3 2026 (third quarter 2026), -69% from Q2 2026.

How has Shopify's net income changed?

Over the last 5 quarters it ranged from $264M (Q3 2025) to $1.5B (Q2 2026).

Q3 2026 results → · How Shopify makes money →