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Calendar quarter Q2 2026Earnings call Aug 5, 2026 · most recent call
SHOP’s newest analyzed quarter is part of Tellvest Pro: its score, breakdown, narrative and analyst Q&A. Every prior quarter is free.
Sources. Scores: Shopify’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: SHOP daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
The breakdown for this quarter is part of Tellvest Pro.
All prior quarters are free. How to browse earnings-call scores without Pro. How to read a company earnings-call score.
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No 8-K events recorded since this call day.
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| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Gross margin | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $2.81B | +31.2% | $1.00 | +96.1% | 48.1% | 16.5% | 46.0% | $611M |
| FY2025 Q1 | $2.36B | +26.8% | $-0.53 | -152.4% | 49.5% | 8.6% | -28.9% | $363M |
| FY2025 Q2 | $2.68B | +31.1% | $0.69 | +430.8% | 48.6% | 10.9% | 33.8% | $430M |
| FY2025 Q3 | $2.84B | +31.5% | $0.20 | -68.8% | 48.9% | 12.1% | 9.3% | $507M |
| FY2025 Q4 | $3.67B | +30.6% | $0.58 | -42.0% | 46.1% | 17.2% | 20.2% | $715M |
| FY2026 Q1 | $3.17B | +34.3% | $-0.45 | +15.1% | 48.8% | 12.1% | -18.3% | $476M |
| FY2026 Q2Selected | $3.58B | +33.7% | $1.16 | +68.1% | 47.7% | 13.6% | 41.9% | $654M |
Management-stated figures from SHOP’s newest call are part of Tellvest Pro.