Shopify Inc.
SHOP.TOTSXTechnology● Active
$152.79
$-8.75(-5.42%)
Market Cap$198.3B
P/E Ratio—
52W High$253.1
52W Low$129.01
Shopify Inc. (SHOP.TO) Earnings: Dates, EPS & Revenue History
Quarterly EPS vs. estimates, revenue surprises, next earnings date, and analyst consensus.
SHOP.TO · earnings · updated Jun 8, 2026
Latest Earnings
Q2 FY2026Report Date: May 5, 2026EPS Actual
$0.49
Est. $0.46 · +5.7%
Revenue
$4.32B
Est. $4.26B · +1.4%
Fiscal Period
Q2 FY2026
FY ends December
Report Date
May 5, 2026
After Market Close
▲ Beat EPS▲ Beat Revenue✓ 1-Quarter EPS Beat Streak
SHOP.TO reports quarterly as a TSX-listed Software - Application company. Fiscal year ends in December. Data: FMP · Updated hourly.
Next Earnings Date
Days Away
85
days
Expected Date
Sep 1, 2026
Fiscal Period
Q3 FY2026
Release Time
◌ Time TBD (Unconfirmed)EPS Est.
—
Rev. $7.60B
Days Away85
Expected DateSep 1, 2026
Fiscal PeriodQ3 FY2026
Release TimeTime TBD (Unconfirmed)
EPS Est.—
Rev. Est.$7.60B
EPS & Revenue vs. Estimates
Actual (Beat)
Actual (Miss)
Estimated
Earnings History
| Period | Report Date | EPS Est. | EPS Actual | EPS Surpr. | Revenue | Rev. Est. | Rev. Surpr. |
|---|---|---|---|---|---|---|---|
| ◌ Q3 FY2026 | Aug 5, 2026 | $0.55 | — | — | — | $4.70B | — |
| ▲ Q2 FY2026 | May 5, 2026 | $0.46 | $0.49 | +5.7% | $4.32B | $4.26B | +1.4% |
| ▼ Q1 FY2026 | Feb 11, 2026 | $0.69 | $0.65 | -5.9% | $5.00B | $4.95B | +1.0% |
| ▼ Q4 FY2025 | Nov 4, 2025 | $0.51 | $0.28 | -45.1% | $3.97B | $3.59B | +10.6% |
| ▲ Q3 FY2025 | Aug 6, 2025 | $0.34 | $0.94 | +177.9% | $3.65B | $2.75B | +32.5% |
| — Q2 FY2025 | May 6, 2025 | $0.25 | $0.25 | +0.0% | $3.36B | $2.53B | +33.1% |
| ▲ Q1 FY2025 | Feb 11, 2025 | $0.61 | $0.62 | +1.3% | $4.04B | $3.83B | +5.5% |
| ▲ Q4 FY2024 | Nov 12, 2024 | $0.27 | $0.35 | +29.6% | $2.93B | $2.77B | +6.0% |
Q3 FY2026
Aug 5, 2026
EPS Actual
—
EPS Est.
$0.55
EPS Surpr.
—
Revenue
—
Q2 FY2026
May 5, 2026Beat
EPS Actual
$0.49
EPS Est.
$0.46
EPS Surpr.
+5.7%
Revenue
$4.32B
Q1 FY2026
Feb 11, 2026Miss
EPS Actual
$0.65
EPS Est.
$0.69
EPS Surpr.
-5.9%
Revenue
$5.00B
Q4 FY2025
Nov 4, 2025Miss
EPS Actual
$0.28
EPS Est.
$0.51
EPS Surpr.
-45.1%
Revenue
$3.97B
Q3 FY2025
Aug 6, 2025Beat
EPS Actual
$0.94
EPS Est.
$0.34
EPS Surpr.
+177.9%
Revenue
$3.65B
Q2 FY2025
May 6, 2025
EPS Actual
$0.25
EPS Est.
$0.25
EPS Surpr.
+0.0%
Revenue
$3.36B
Q1 FY2025
Feb 11, 2025Beat
EPS Actual
$0.62
EPS Est.
$0.61
EPS Surpr.
+1.3%
Revenue
$4.04B
Q4 FY2024
Nov 12, 2024Beat
EPS Actual
$0.35
EPS Est.
$0.27
EPS Surpr.
+29.6%
Revenue
$2.93B
Analyst Estimates
EPS Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2028 | $0.96 | $0.99 | $1.02 | 19 |
| Q3 FY2028 | $0.71 | $0.73 | $0.75 | 26 |
| Q2 FY2028 | $0.62 | $0.64 | $0.66 | 14 |
| Q1 FY2028 | $0.57 | $0.59 | $0.60 | 15 |
| Q4 FY2027 | $0.77 | $0.79 | $0.81 | 14 |
| Q3 FY2027 | $0.55 | $0.57 | $0.58 | 21 |
Revenue Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2028 | $6.6B | $6.7B | $6.9B | 18 |
| Q3 FY2028 | $5.2B | $5.3B | $5.4B | 17 |
| Q2 FY2028 | $5.0B | $5.1B | $5.2B | 29 |
| Q1 FY2028 | $4.5B | $4.6B | $4.7B | 18 |
| Q4 FY2027 | $5.4B | $5.5B | $5.6B | 27 |
| Q3 FY2027 | $4.2B | $4.3B | $4.4B | 18 |
Earnings Price Reaction
Closing price one trading day before vs. one trading day after each earnings release.
| Period | Report Date | EPS Beat/Miss | Price Before | Price After | 1D Reaction |
|---|---|---|---|---|---|
| ▲ Q2 FY2026 | May 5, 2026 | +5.7% | $173.37 | $146.28 | -15.63% |
| ▼ Q1 FY2026 | Feb 11, 2026 | -5.9% | $172.54 | $160.41 | -7.03% |
| ▼ Q4 FY2025 | Nov 4, 2025 | -45.1% | $242.96 | $227.23 | -6.47% |
| ▲ Q3 FY2025 | Aug 6, 2025 | +177.9% | $175.16 | $212.82 | +21.50% |
| ▲ Q2 FY2025 | May 6, 2025 | +0.0% | $135.85 | $129.24 | -4.87% |
| ▲ Q1 FY2025 | Feb 11, 2025 | +1.3% | $171.55 | $176.57 | +2.93% |
| ▲ Q4 FY2024 | Nov 12, 2024 | +29.6% | $125.37 | $152.26 | +21.45% |
| ▲ Q3 FY2024 | Aug 7, 2024 | +30.0% | $74.56 | $87.87 | +17.85% |
Q2 FY2026-15.63%
Report Date
May 5, 2026
EPS Beat/Miss
+5.7%
Price Before
$173.37
Price After
$146.28
Q1 FY2026-7.03%
Report Date
Feb 11, 2026
EPS Beat/Miss
-5.9%
Price Before
$172.54
Price After
$160.41
Q4 FY2025-6.47%
Report Date
Nov 4, 2025
EPS Beat/Miss
-45.1%
Price Before
$242.96
Price After
$227.23
Q3 FY2025+21.50%
Report Date
Aug 6, 2025
EPS Beat/Miss
+177.9%
Price Before
$175.16
Price After
$212.82
Q2 FY2025-4.87%
Report Date
May 6, 2025
EPS Beat/Miss
+0.0%
Price Before
$135.85
Price After
$129.24
Q1 FY2025+2.93%
Report Date
Feb 11, 2025
EPS Beat/Miss
+1.3%
Price Before
$171.55
Price After
$176.57
Q4 FY2024+21.45%
Report Date
Nov 12, 2024
EPS Beat/Miss
+29.6%
Price Before
$125.37
Price After
$152.26
Q3 FY2024+17.85%
Report Date
Aug 7, 2024
EPS Beat/Miss
+30.0%
Price Before
$74.56
Price After
$87.87
Avg Beat Reaction+7.21%
Avg Miss Reaction-6.75%
Beat Rate6 / 8 quarters
Largest Move+21.50% (Q3 FY2025)
Data: FMP /historical-price-eod/full · field: close
About Earnings & Data Methodology
Data source: Financial Modeling Prep (FMP) | Updated: Hourly | Surprise%: (Actual − Estimate) / |Estimate| × 100 | Fiscal year: SHOP.TO ends December
Shopify Inc. (SHOP.TO) most recently reported earnings on May 5, 2026 for Q2 FY2026, posting EPS of $0.49 — beating the analyst consensus of $0.46 by +5.7%. The next SHOP.TO earnings date is expected around September 1, 2026.
Each quarter, investors track SHOP.TO earnings for signals on forward guidance and business momentum. For longer-term revenue trends, see the Revenue tab. SHOP.TO revenue tab →
Earnings Glossary
EPS (Earnings Per Share)
Net income ÷ diluted shares outstanding. The primary metric analysts use to gauge quarterly profitability.
Earnings Surprise %
(Actual − Estimate) / |Estimate| × 100. Positive = Beat. Negative = Miss.
Beat / Miss / In-Line
Beat = Actual ≥ Estimate. Miss = Actual < Estimate. In-Line = within ±1%.
BMO / AMC
Before Market Open / After Market Close. Two windows when companies typically release results.
Fiscal Quarter
SHOP.TO's fiscal year ends in December. Fiscal quarters may not align with calendar quarters.
Analyst Consensus
Average EPS/Revenue forecast across all covering analysts. More analysts = more reliable estimate.
Figures tie to FMP earnings calendar, estimates, and SEC 10-Q/10-K filings where noted.
Frequently asked questions
SHOP.TO earnings · 5 questionsShopify Inc.'s next earnings report is expected around September 1, 2026. SHOP.TO typically reports quarterly — approximately every three months. The exact date is confirmed by the company 2–4 weeks before the release. Time is currently TBD; SHOP.TO historically reports after market close (AMC).
SHOP.TO earnings datewhen is SHOP.TO earningsSHOP.TO next earnings datewhen does SHOP.TO report earningsSHOP.TO earnings calendar
▸ Source: FMP · Shopify Inc. SEC filings · US GAAP · Shopify Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026