SHOP
Shopify Inc
NASDAQ: SHOP · TECHNOLOGY · SOFTWARE - APPLICATION
$121.13
-0.11% today
Updated 2026-04-30
Market cap
$157.59B
P/E ratio
128.86
P/S ratio
13.64x
EPS (TTM)
$0.94
Dividend yield
—
52W range
$88 – $182
Volume
8.6M
Shopify Inc (SHOP) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
6 of 8
Last 8 quarters
Avg EPS surprise
+3.3%
Last 4 quarters
Revenue YoY growth
+30.6%
Most recent quarter
EPS YoY growth
+9.1%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
+8.2%
Last 3 reports
Positive reaction rate
67%
2 of 3 quarters
Largest single-day move
+19.0%
2025-08-06
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-02-09 | $0.48 | -4.2% | $112.05 | $127.24 | +13.6% |
| 2025-11-12 | $0.34 | +0.0% | $158.94 | $146.34 | -7.9% |
| 2025-08-06 | $0.35 | +21.3% | $127.00 | $151.07 | +19.0% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2025-12-31 | $0.50 | $0.48 | -4.2% | $3.67B | +30.6% |
| 2025-09-30 | $0.34 | $0.34 | +0.0% | $2.84B | +31.5% |
| 2025-06-30 | $0.29 | $0.35 | +21.3% | $2.68B | +31.1% |
| 2025-03-31 | $0.26 | $0.25 | -3.8% | $2.36B | +26.8% |
| 2024-12-31 | $0.43 | $0.44 | +2.3% | $2.81B | +31.2% |
| 2024-09-30 | $0.18 | $0.64 | +255.6% | $2.16B | +26.1% |
| 2024-06-30 | $0.20 | $0.26 | +30.0% | $2.04B | +20.7% |
| 2024-03-31 | $0.17 | $0.20 | +17.6% | $1.86B | +23.4% |
| 2023-12-31 | $0.31 | $0.34 | +9.7% | $2.14B | — |
| 2023-09-30 | $0.14 | $0.24 | +71.4% | $1.71B | — |
| 2023-06-30 | $0.05 | $0.14 | +180.0% | $1.69B | — |
| 2023-03-31 | $-0.04 | $0.01 | +125.0% | $1.51B | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $1.85 | $14.9B | +29.3% | 34 | high |
| 2027 (E) | $2.37 | $18.5B | +23.7% | 34 | high |
| 2028 (E) | $3.15 | $22.9B | +23.6% | 34 | medium |
| 2029 (E) | $4.02 | $28.1B | +23.0% | 34 | medium |
| 2030 (E) | $5.08 | $34.5B | +22.7% | 34 | medium |
Frequently asked questions
Has Shopify Inc beaten earnings estimates?
Shopify Inc has beaten Wall Street EPS estimates in 6 of its last 8 quarterly reports, with an average EPS surprise of +3.3% over the last 4 quarters.
How does SHOP stock react to earnings?
SHOP stock has moved an average of +8.2% in the trading day following earnings over its last 3 reports, with positive reactions in 67% of those quarters.
What is Shopify Inc's revenue growth rate?
Shopify Inc reported year-over-year revenue growth of +30.6% in its most recent quarter, with EPS growing +9.1% year-over-year.
What is the expected EPS for SHOP in 2026?
Analysts expect Shopify Inc to report EPS of $1.85 for fiscal year 2026, on revenue of $14.9B, based on estimates from 34 analysts.