Shopify (SHOP) has a heating two-year regime (±15.7% vs ±13.3% decade). Data as of July 23, 2026 (MCP peak move defaults).
SHOP earnings at a glance
SHOP’s decade average is about ±13.3%; last two years ±15.7% (heating). 95th-percentile ~±25.0%.
Does SHOP beat its implied move?
The implied move is what options price in. SHOP's actual peak topped implied in about 62% (10 of 16) recent tracked reports.
history
How SHOP’s moves are distributed
Compare the live implied move against this distribution.
Recent SHOP earnings
Headline (MCP): SHOP averages a ±13.3% earnings move over the last 10 years (peak; n=40). Two-year regime hotter at ±15.7%.
IV rush and IV crush on SHOP
IV builds into the report (IV rush) and collapses after (IV crush). See also methodology.
What SHOP’s earnings data means for options
Reference only — not a signal. Compare live implied in the app. A straddle/strangle needs a larger-than-implied move; an iron condor needs a smaller one.
Frequently asked questions
When is Shopify (SHOP) earnings date?
Shopify is scheduled to report on Wednesday, August 5, 2026, before the market open.
What is SHOP's implied move for August 5, 2026?
As of July 23, 2026 near plus or minus 14.5%.
How much does SHOP move on earnings?
About plus or minus 13.3% on average over ~10 years (peak), with the last two years near plus or minus 15.7%. The 95th-percentile is about plus or minus 25.0%.
Does SHOP usually beat its implied move?
About 62% of recent tracked reports (10 of 16).