SHOP Earnings Reaction History
Shopify Inc.
EPS, Revenue, Stock Move
SHOP stock rises 2.6% on average on the first trading day after earnings.
When SHOP delivers a double beat, the stock rises 3.2% on average on the first trading day.
Across 40 releases, SHOP has delivered a positive next-day return 57.5% of the time.
Reaction Snapshot (Avg Day 1-3)
Day 1
+2.64%
Day 2
-1.23%
Day 3
+0.32%
Conditioned Moves (Day 1 Basis)
Double Beat
+3.16%
Mixed
+1.47%
Double Miss
+2.67%
EPS Beat Rate
82.5%
Revenue Beat Rate
70.0%
Positive Rate
57.5%
Both Beat Rate
62.5%
Recent Earnings History
| Date | EPS | Revenue | Day 1 | Day 2 | Day 3 | Detail |
|---|---|---|---|---|---|---|
| 2026-05-05 | Beat+22.73% | Beat+1.43% | -15.62% | -2.03% | +5.97% | Open |
| 2026-02-11 | Miss-7.32% | Beat+0.96% | -6.70% | -6.78% | +1.84% | Open |
| 2025-11-04 | Beat+12.50% | Beat+3.35% | -6.94% | +1.23% | -4.22% | Open |
| 2025-08-06 | Beat+25.00% | Beat+3.92% | +21.97% | -2.47% | -0.97% | Open |
| 2025-05-08 | Beat+5.88% | Miss-6.55% | -0.53% | -2.37% | +13.70% | Open |
| 2025-02-11 | Miss-2.86% | Beat+4.00% | +3.08% | -2.51% | +5.94% | Open |
| 2024-11-12 | Beat+50.00% | Beat+0.51% | +21.04% | +5.66% | -5.22% | Open |
| 2024-08-07 | Beat+63.64% | Beat+1.25% | +17.83% | +7.29% | +1.09% | Open |
FAQ
How much does SHOP usually move after earnings?
SHOP moves about 2.6% on average on the first trading day after earnings. Net average direction is +2.64%.
What is SHOP's biggest post-earnings gain?
SHOP's largest recorded next-day earnings gain is +23.84%, on 2023-05-04.