Shopify Inc. revenue by segment SHOP

Shopify Inc. splits its revenue into 2 lines in its filings. The largest line in Q3 of fiscal 2026, the quarter ended Sep 30, 2026 was Services at $2.9 billion, 78% of the total.

USD in millions. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Sep 30, 2026
Q3 FY2026
Sep 30, 2026
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Q1 FY2025
Mar 31, 2025
Revenue
14,167
3,742
3,583
3,170
3,672
2,844
2,680
2,360
Services
11,002
+36.6%
share 77.7%
2,906
+35.5%
share 77.7%
2,781
+37.4%
share 77.6%
2,420
+39.1%
share 76.3%
2,895
share 78.8%
2,145
share 75.4%
2,024
share 75.5%
1,740
share 73.7%
Subscription And Circulation
3,165
+19.8%
share 22.3%
836
+19.6%
share 22.3%
802
+22.3%
share 22.4%
750
+21.0%
share 23.7%
777
share 21.2%
699
share 24.6%
656
share 24.5%
620
share 26.3%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Services-Prepackaged Software (SIC 7372)
Listed as
SHOP (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Canada (Federal Level)
Headquarters
Ottawa
SEC filer status
Large accelerated filer
SEC CIK
1594805

Other Services-Prepackaged Software companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.