SHOPIFY INC - CLASS A (SHOP.CA) Earnings History & Surprises

TSX:SHOP • CA82509L1076

166.67 CAD
+3.35 (+2.05%)
Last: Mar 3, 2026, 07:00 PM

Past quarterly earnings results for SHOPIFY INC - CLASS A (SHOP.CA), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release DateMay 6, 2026
PeriodQ1 / 2026
EPS Estimate$0.34
Revenue Estimate3.143B

Last Reported

Most Recent
Release DateFeb 11, 2026
PeriodQ4 / 2025
EPS Reported$0.48
EPS Surprise -7.07%
Revenue Surprise 0.19%

Beat Rate

Last 8 Quarters
56%
EPS and Revenuebeats vs estimates

Quarterly Earnings Results

EPS & Revenue History (USD)

Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q4 2025 0.48 0.52 -7.07% 23.08% 3.672B 3.665B 0.19% 30.58%
Q3 2025 0.34 0.34 -0.68% -2.86% 2.844B 2.811B 1.17% 31.54%
Q2 2025 0.35 0.29 18.96% 34.62% 2.68B 2.599B 3.12% 31.05%
Q1 2025 0.25 0.27 -5.73% 25.00% 2.36B 2.377B -0.72% 26.81%
Q4 2024 0.39 0.44 -11.32% 14.71% 2.812B 2.785B 0.97% 31.16%
Q3 2024 0.35 0.28 26.33% 45.83% 2.162B 2.157B 0.23% 26.14%
Q2 2024 0.26 0.21 25.95% 85.71% 2.045B 2.052B -0.34% 20.72%
Q1 2024 0.20 0.17 15.19% 1,900.00% 1.861B 1.883B -1.17% 23.41%
Q4 2023 0.34 0.32 6.91% 385.71% 2.144B 2.119B 1.18% 23.58%
Q3 2023 0.24 0.14 70.50% 1,300.00% 1.714B 1.705B 0.53% 25.46%
Q2 2023 0.14 0.05 174.35% 566.67% 1.694B 1.656B 2.29% 30.80%
Q1 2023 0.01 -0.04 125.28% -50.00% 1.508B 1.459B 3.36% 25.29%
Q4 2022 0.07 -0.01 640.37% -48.53% 1.735B 1.683B 3.09% 25.72%
Q3 2022 -0.02 -0.07 72.94% -124.69% 1.366B 1.363B 0.23% 21.58%
Q2 2022 -0.03 0.02 -255.70% -113.39% 1.295B 1.358B -4.63% 15.69%
Q1 2022 0.02 0.06 -68.63% -90.05% 1.204B 1.267B -5.00% 21.74%
Q4 2021 0.14 0.13 5.21% -13.92% 1.38B 1.367B 0.95% 41.14%
Q3 2021 0.08 0.12 -32.44% -28.32% 1.124B 1.165B -3.54% 46.43%
Q2 2021 0.22 0.10 126.87% 113.33% 1.119B 1.066B 5.01% 56.71%
Q1 2021 0.20 0.07 170.46% 957.89% 988.647M 882.79M 11.99% 110.35%
Q4 2020 0.16 0.13 23.42% - 977.744M 928.42M 5.31% -
Q3 2020 0.11 0.05 110.26% - 767.405M 676.67M 13.41% -
Q2 2020 0.11 0.00 7,698.57% - 714.341M 524.11M 36.30% -
Q1 2020 0.02 -0.02 200.47% - 470.001M 451.98M 3.99% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

SHOP.CA EPS Q2Q GrowthSHOP.CA EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 Q1/28 Q3/28 0 500 1K 1.5K

Revenue Historical Q2Q growth and Acceleration

SHOP.CA Revenue Q2Q GrowthSHOP.CA Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 Q1/28 Q3/28 20 40 60 80 100

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
1
Average EPS beat (4)
1.37%
Max EPS beat (4)
18.96%
Min EPS beat (4)
-7.07%

Revenue beat statistics

Revenue beat (4)
3
Average Revenue beat (4)
0.94%
Max Revenue beat (4)
3.12%
Min Revenue beat (4)
-0.72%

Analysis

In the last 4 quarters, SHOP.CA has beaten EPS estimates in 1 out of 4 releases
SHOP.CA has beaten revenue estimates in 3 out of the last 4 releases
In the last 4 quarters, SHOP.CA has beaten the EPS estimates by 1.4% on average.
In the last 4 quarters, SHOP.CA has beaten the revenue estimates by 0.9% on average.
→ Find peers who consistently beat earnings by at least 10% in the last 4 quarters

SHOPIFY INC - CLASS A / SHOP.CA Earnings FAQ

When did SHOPIFY INC - CLASS A (SHOP.CA) report earnings last quarter?

SHOPIFY INC - CLASS A (SHOP.CA) last reported earnings on 2/11/2026.


Did SHOP stock beat earnings estimates in the most recent quarter?

SHOPIFY INC - CLASS A (SHOP.CA) missed EPS estimates and beat revenue estimates in the most recent quarter.


What percentage of the time does SHOP stock beat earnings estimates?

In the last 4 quarters, SHOPIFY INC - CLASS A (SHOP.CA) has beaten EPS estimates in 1 out of 4 releases.