Shopify earnings
Shopify reports its Q4 FY2026 results on 10 February 2027, before the market opens. Analysts expect earnings per share of 0.66 USD and revenue of 4.79B USD.
In Q3 FY2026, reported on 3 November 2026, Shopify earned 0.49 USD a share against the 0.46 USD analysts expected (+6.2%), on revenue of 3.68B USD against 3.70B USD (-0.6%).
- Last EPS surprise
- +6.2%
- Last revenue surprise
- -0.6%
- Move after the last report
- —
- Average move after earnings
- 10.0%
EPS and revenue against estimates
Revenue
EPS
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q4 FY2026 | 0.66 | — | — | +43.48% | 4.79B | — | — | +31.70% | |
| Q3 FY2026 | 0.46 | 0.49 | +6.22% | +44.12% | 3.70B | 3.68B | -0.61% | +29.31% | |
| Q2 FY2026 | 0.40 | 0.42 | +5.71% | +20.00% | 3.40B | 3.54B | +4.16% | +31.95% | |
| Q1 FY2026 | 0.33 | 0.36 | +10.36% | +44.00% | 3.06B | 3.11B | +1.43% | +31.60% | |
| Q4 FY2025 | 0.51 | 0.46 | -9.09% | +4.55% | 3.60B | 3.64B | +0.96% | +29.39% | |
| Q3 FY2025 | 0.34 | 0.34 | +0.98% | -5.56% | 2.75B | 2.84B | +3.35% | +31.54% | |
| Q2 FY2025 | 0.29 | 0.35 | +20.23% | +34.62% | 2.58B | 2.68B | +3.92% | +31.05% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 3.40 | — | — | +36.47% | 24.32B | — | — | +25.83% |
| FY2027 | 2.49 | — | — | +29.57% | 19.33B | — | — | +26.05% |
| FY2026 | 1.92 | — | — | +37.39% | 15.34B | — | — | +33.11% |
| FY2025 | 1.46 | 1.40 | -4.43% | +11.11% | 11.55B | 11.52B | -0.25% | +29.76% |
| FY2024 | 1.29 | 1.26 | -2.11% | +72.60% | 8.72B | 8.88B | +1.86% | +25.78% |
| FY2023 | 0.70 | 0.73 | +3.67% | +1,725.00% | 7.13B | 7.06B | -1.01% | +26.07% |
| FY2022 | -0.04 | 0.04 | +212.77% | -93.75% | 5.47B | 5.60B | +2.41% | +21.43% |
Beat record
On average, analysts' EPS estimate was 11.8% off the result, either way, and their revenue estimate 2.4%, over the last 12 quarters.
- EPS beats
- 29 / 46
- Revenue beats
- 29 / 46
- Average EPS surprise, last 12
- +9.6%
- Since
- July 2015
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 3 Nov 2026 | 0.46 | 0.49 | +6.2% | 3.70B | 3.68B | -0.6% |
| Q2 FY2026 | 5 Aug 2026 | 0.40 | 0.42 | +5.7% | 3.40B | 3.54B | +4.2% |
| Q1 FY2026 | 5 May 2026 | 0.33 | 0.36 | +10.4% | 3.06B | 3.11B | +1.4% |
| Q4 FY2025 | 11 Feb 2026 | 0.51 | 0.46 | -9.1% | 3.60B | 3.64B | +1.0% |
| Q3 FY2025 | 4 Nov 2025 | 0.34 | 0.34 | +1.0% | 2.75B | 2.84B | +3.4% |
| Q2 FY2025 | 6 Aug 2025 | 0.29 | 0.35 | +20.2% | 2.58B | 2.68B | +3.9% |
| Q1 FY2025 | 8 May 2025 | 0.26 | 0.25 | -3.8% | 2.53B | 2.36B | -6.5% |
| Q4 FY2024 | 11 Feb 2025 | 0.43 | 0.44 | +1.8% | 2.70B | 2.81B | +4.0% |
| Q3 FY2024 | 12 Nov 2024 | 0.28 | 0.36 | +29.3% | 2.15B | 2.16B | +0.5% |
| Q2 FY2024 | 7 Aug 2024 | 0.20 | 0.26 | +27.1% | 2.02B | 2.05B | +1.2% |
| Q1 FY2024 | 8 May 2024 | 0.17 | 0.20 | +16.5% | 1.86B | 1.86B | +0.2% |
| Q4 FY2023 | 13 Feb 2024 | 0.31 | 0.34 | +10.2% | 2.12B | 2.14B | +1.3% |
Every earnings report
| Report date | Quarter | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise | Next-day move |
|---|---|---|---|---|---|---|---|---|
| 10 Feb 2027Upcoming | Q4 FY2026 | 0.66 | — | — | 4.79B | — | — | — |
| 3 Nov 2026Before the market opens | Q3 FY2026 | 0.46 | 0.49 | +6.2% | 3.70B | 3.68B | -0.6% | — |
| 5 Aug 2026Before the market opens | Q2 FY2026 | 0.40 | 0.42 | +5.7% | 3.40B | 3.54B | +4.2% | +17.7% |
| 5 May 2026Before the market opens | Q1 FY2026 | 0.33 | 0.36 | +10.4% | 3.06B | 3.11B | +1.4% | -15.6% |
| 11 Feb 2026Before the market opens | Q4 FY2025 | 0.51 | 0.46 | -9.1% | 3.60B | 3.64B | +1.0% | -6.7% |
| 4 Nov 2025Before the market opens | Q3 FY2025 | 0.34 | 0.34 | +1.0% | 2.75B | 2.84B | +3.4% | -6.8% |
| 6 Aug 2025Before the market opens | Q2 FY2025 | 0.29 | 0.35 | +20.2% | 2.58B | 2.68B | +3.9% | +21.9% |
| 8 May 2025Before the market opens | Q1 FY2025 | 0.26 | 0.25 | -3.8% | 2.53B | 2.36B | -6.5% | -0.5% |
| 11 Feb 2025Before the market opens | Q4 FY2024 | 0.43 | 0.44 | +1.8% | 2.70B | 2.81B | +4.0% | +3.1% |
| 12 Nov 2024Before the market opens | Q3 FY2024 | 0.28 | 0.36 | +29.3% | 2.15B | 2.16B | +0.5% | +20.3% |
| 7 Aug 2024Before the market opens | Q2 FY2024 | 0.20 | 0.26 | +27.1% | 2.02B | 2.05B | +1.2% | +17.8% |
| 8 May 2024Before the market opens | Q1 FY2024 | 0.17 | 0.20 | +16.5% | 1.86B | 1.86B | +0.2% | -18.6% |
| 13 Feb 2024Before the market opens | Q4 FY2023 | 0.31 | 0.34 | +10.2% | 2.12B | 2.14B | +1.3% | -13.4% |
| 2 Nov 2023Before the market opens | Q3 FY2023 | 0.15 | 0.24 | +60.0% | 1.67B | 1.71B | +2.5% | +22.3% |
| 2 Aug 2023Before the market opens | Q2 FY2023 | 0.06 | 0.14 | +133.3% | 1.62B | 1.69B | +4.3% | -7.5% |
| 4 May 2023Before the market opens | Q1 FY2023 | 0.00 | 0.01 | +125.7% | 1.43B | 1.51B | +5.5% | +23.9% |
| 15 Feb 2023Before the market opens | Q4 FY2022 | 0.01 | 0.07 | +651.1% | 1.63B | 1.73B | +6.1% | +6.6% |
| 27 Oct 2022Before the market opens | Q3 FY2022 | -0.07 | -0.02 | +71.4% | 1.29B | 1.37B | +5.7% | +17.3% |
| 27 Jul 2022Before the market opens | Q2 FY2022 | -0.01 | -0.03 | -258.9% | 1.33B | 1.30B | -2.8% | +11.7% |
| 5 May 2022Before the market opens | Q1 FY2022 | 0.08 | 0.02 | -75.0% | 1.26B | 1.20B | -4.8% | -14.7% |
| 16 Feb 2022Before the market opens | Q4 FY2021 | 0.13 | 0.14 | +7.7% | 1.33B | 1.38B | +3.5% | -16.5% |
| 28 Oct 2021Before the market opens | Q3 FY2021 | 0.13 | 0.08 | -38.5% | 1.14B | 1.12B | -1.7% | +6.8% |
| 28 Jul 2021Before the market opens | Q2 FY2021 | 0.10 | 0.22 | +120.0% | 1.14B | 1.12B | -2.0% | -0.7% |
| 28 Apr 2021Before the market opens | Q1 FY2021 | 0.08 | 0.20 | +150.0% | 849.90M | 988.65M | +16.3% | +11.5% |
| 17 Feb 2021Before the market opens | Q4 FY2020 | 0.12 | 0.16 | +33.3% | 906.17M | 977.74M | +7.9% | -2.6% |
| 29 Oct 2020Before the market opens | Q3 FY2020 | 0.05 | 0.11 | +120.0% | 564.42M | 767.41M | +36.0% | -4.4% |
| 29 Jul 2020Before the market opens | Q2 FY2020 | 0.00 | 0.11 | +7,871.0% | 6.80M | 714.34M | +10,400.0% | +6.6% |
| 6 May 2020Before the market opens | Q1 FY2020 | 0.01 | 0.02 | +202.6% | 445.26M | 470.00M | +5.6% | +6.8% |
| 12 Feb 2020Before the market opens | Q4 FY2019 | 0.02 | 0.04 | +80.4% | 390.71M | 505.16M | +29.3% | +7.8% |
| 29 Oct 2019Before the market opens | Q3 FY2019 | 0.01 | 0.01 | +63.7% | 148.14M | 390.55M | +163.6% | -3.7% |
| 1 Aug 2019Before the market opens | Q2 FY2019 | 0.00 | 0.01 | +418.1% | 108.59M | 361.98M | +233.3% | +7.4% |
| 30 Apr 2019Before the market opens | Q1 FY2019 | 0.00 | 0.01 | +298.4% | 213.65M | 320.48M | +50.0% | +7.9% |
| 12 Feb 2019Before the market opens | Q4 FY2018 | 0.02 | 0.03 | +27.9% | 264.51M | 343.86M | +30.0% | +1.3% |
| 25 Oct 2018Before the market opens | Q3 FY2018 | -0.01 | -0.02 | -279.4% | 135.05M | 270.06M | +100.0% | +12.2% |
| 31 Jul 2018Before the market opens | Q2 FY2018 | -0.01 | -0.02 | -178.0% | 367.50M | 244.96M | -33.3% | -6.7% |
| 1 May 2018Before the market opens | Q1 FY2018 | -0.01 | -0.02 | -178.7% | 267.88M | 214.34M | -20.0% | -4.5% |
| 15 Feb 2018Before the market opens | Q4 FY2017 | 0.01 | 0.02 | +215.0% | 74.27M | 222.81M | +200.0% | -0.1% |
| 31 Oct 2017Before the market opens | Q3 FY2017 | 0.00 | 0.01 | +360.8% | 68.60M | 171.46M | +149.9% | -9.1% |
| 1 Aug 2017Before the market opens | Q2 FY2017 | -0.01 | -0.01 | -85.3% | 1.06B | 151.66M | -85.7% | +12.5% |
| 2 May 2017Before the market opens | Q1 FY2017 | -0.01 | -0.02 | -60.5% | 318.50M | 127.38M | -60.0% | +7.5% |
| 15 Feb 2017Before the market opens | Q4 FY2016 | -0.00 | -0.01 | -100.2% | 352.03M | 130.38M | -63.0% | +8.0% |
| 2 Nov 2016Before the market opens | Q3 FY2016 | -0.01 | -0.01 | -36.1% | 149.40M | 99.58M | -33.3% | +6.9% |
| 3 Aug 2016Before the market opens | Q2 FY2016 | -0.01 | -0.01 | -47.1% | 173.20M | 86.65M | -50.0% | — |
| 4 May 2016Before the market opens | Q1 FY2016 | -0.01 | -0.01 | -32.1% | 109.05M | 72.72M | -33.3% | — |
| 17 Feb 2016Before the market opens | Q4 FY2015 | -0.00 | -0.01 | -81.8% | 351.00M | 70.17M | -80.0% | — |
| 4 Nov 2015Before the market opens | Q3 FY2015 | -0.00 | -0.01 | -50.9% | 105.60M | 52.79M | -50.0% | — |
| 30 Jul 2015Before the market opens | Q2 FY2015 | -0.00 | -0.01 | -65.6% | 134.70M | 44.93M | -66.6% | — |
| 27 May 2015Before the market opens | Q1 FY2015 | — | -0.01 | — | — | 37.35M | — | — |
| 21 May 2015Before the market opens | Q1 FY2015 | — | -0.01 | — | — | 35.18M | — | — |
| 30 Sept 2014Before the market opens | Q3 FY2014 | — | -0.00 | — | — | 27.35M | — | — |
| 30 Jun 2014Before the market opens | Q2 FY2014 | — | -0.01 | — | — | 23.68M | — | — |
| 31 Mar 2014Before the market opens | Q4 FY2013 | — | -0.01 | — | — | 18.81M | — | — |
The move is the shares' change on the trading day after the report: after a report after the close, the next day's close on the report day's; before the open, the report day's close on the day before's. Surprise is the reported figure against the analysts' average estimate.
See also:Forecast,EPS,Income statement
Common questions about Shopify's earnings
Source: Financial Modeling Prep
