10-QSoftware

Shopify Inc.

SHOP · Period ending 2026-03-31 · Filed 2026-05-05

Valuation

Software
Live · Yahoo Finance

Price

$112.49

52-Week Range

$94.00$112.49 now$182.19

Decision Context

Scores are balanced across the six engines. No single dimension dominates — this is consistent with a stable, mid-tier quality business.

Based on filing period ending Mar 2026

FisclearScore is a quantitative model using public financial data and sector median benchmarks (refreshed monthly). Not financial advice. Always conduct independent due diligence.

SHOP vs

Macro Context

Fed Funds Rate

3.64%

Accommodative

10-Year Treasury

4.32%

2026-04-01

Unemployment

4.3%

Near full employment

CPI Index

330.3

2026-03-01

M2 Money Supply

$22.7T

2026-03-01

The Federal Funds rate stands at 3.64% — a moderately elevated rate environment that raises borrowing costs across the economy; 10-year Treasury yields are at 4.32%, setting the benchmark for long-term corporate borrowing; Unemployment stands at 4.3%; Industrial production index is at 101.8; M2 money supply is $22.7T; CPI index stands at 330.3.

SWOT Analysis — SHOP

Inflationary Boom

Strengths

  • Revenue: $11.6B (+30.1% YoY) — Revenue grew 30% — the company sold more goods or services than the prior year.

  • Operating Cash Flow: $2.0B (+25.8% YoY) — Operating cash flow grew 26% — the business generated more cash from day-to-day operations.

  • Gross Profit: $5.6B (+24.2% YoY) — Gross profit rose 24% — the spread between revenue and direct costs improved.

Weaknesses

  • EPS (Diluted): $0.94 (-39.4% YoY) — Earnings per share fell 39%.

  • Net Income: $1.2B (-39.0% YoY) — Profit fell 39% but remained positive.

Opportunities

No clear opportunities identified at this time.

Threats

No significant threats flagged.

Financial Charts

Revenue vs Net Income

Gross Profit vs Operating Income

Margin Trend

Operating Cash Flow

Year-over-Year Changes

EPS (Diluted)

$0.94

was $1.55

−39.4%

Earnings per share fell 39%.

Net Income

$1.2B

was $2.0B

−39.0%

Profit fell 39% but remained positive.

Revenue

$11.6B

was $8.9B

+30.1%

Revenue grew 30% — the company sold more goods or services than the prior year.

Operating Cash Flow

$2.0B

was $1.6B

+25.8%

Operating cash flow grew 26% — the business generated more cash from day-to-day operations.

Gross Profit

$5.6B

was $4.5B

+24.2%

Gross profit rose 24% — the spread between revenue and direct costs improved.

Price History

Technical Signals

Daily closes · 1-year data

Latest News

via Finnhub

Filing History — SHOP

Get the weekly digest

5 company reports + macro context every week, free. No spam.

  • Unlimited goal simulations
  • 5 free company report summaries per day
  • Weekly financial insights newsletter

External Links

Trade SHOP

Links open broker research pages. Not an endorsement or recommendation.

Research Shopify Inc.

Data sourced from SEC EDGAR, FRED (Federal Reserve Economic Data), and Yahoo Finance. For informational purposes only. Not financial advice.