Shopify Inc. is a Canadian-incorporated commerce platform company listed on the Nasdaq Global Select Market under the ticker SHOP, providing software infrastructure and financial services to merchants across multiple geographies. The company offers subscription-based platform access and merchant solutions including payments, lending, and logistics-adjacent services. Shopify files with the SEC on domestic issuer forms (10-K, 10-Q) and reports in U.S. dollars.

What is SHOP's DredgeCap risk score?

DredgeCap's AI analysis rates SHOP at 2.8/10 on the risk scale — Low risk. This score reflects dilution exposure, debt toxicity, liquidity position, and going-concern posture as disclosed in SEC filings.

Does SHOP have a going concern warning?

No current auditor going-concern warning is flagged in SHOP's SEC filings. Risk assessment is based on other filing-disclosed factors.

When did SHOP last file with the SEC?

SHOP's most recent SEC filing was a 10-K filed 2026-02-11. All filings are available on SEC EDGAR.

← SHOP Overview

10-QMay 5, 2026· Quarter Ended March 31, 2026

SHOP — 10-Q Filing

Track SHOP for Alerts

SHOP 10-Q Summary

For the quarter ended March 31, 2026, Shopify Inc. reported revenue of $2,420, up 39.1% year-over-year. net income was $261,300,779,030, up 2620607452.2% year-over-year.

SHOP Financial Highlights

Metric

Q-End 03/26

Q-End 03/25

Revenue

$2,420

$1,740

▲+39.1% YoY

Gross Profit

$1,546

$1,169

▲+32.2% YoY

Net Income

$261,300,779,030

$9,971

▲+2620607452.2% YoY

Current DredgeCap Risk Profile

Risk Score

2.8/10

LOW

Dilution

2.5

Debt Toxicity

2.0

Going Concern

✓ Not flagged

The risk profile above reflects the latest cached DredgeCap analysis for SHOP. For the full filing-by-filing analyst report (red flags, primary risk driver, what moves the stock), open SHOP's company page.

What is a 10-Q?

A quarterly report covering the three months just ended. Includes unaudited condensed financial statements (balance sheet, income statement, cash flow), Management Discussion and Analysis (MD&A), and disclosure of material changes since the last annual report. Required for the first three fiscal quarters; the fourth quarter is rolled into the 10-K.

More on SHOP

Financial highlights are sourced directly from the 10-Q income statement (three months ended). YoY % compares to the same quarter one year earlier as reported by the issuer. The plain-language summary above is composed mechanically from the filing's reported numbers — no analysis or opinion. Form-type explainers and 8-K item descriptions are derived from SEC documentation. This page does not constitute investment advice. Always consult the original filing on SEC EDGAR for authoritative content, and consult a licensed financial advisor for investment decisions.