Shopify Inc Stock Price, News & Analysis

Shopify (NASDAQ: SHOP) reported third-quarter 2025 results with revenue $2,844 million (up 32% YoY) and GMV $92,013 million (up 32% YoY). Gross profit was $1,391 million and operating income was $343 million. Free cash flow was $507 million with a free cash flow margin of 18%, marking nine consecutive quarters of double‑digit FCF margins. Monthly recurring revenue rose to 193 from 175.

For Q4 2025 Shopify projects mid-to-high-twenties revenue growth, gross profit dollars growing low-to-mid-twenties, operating expense of 30–31% of revenue, $130 million stock-based compensation, and FCF margin slightly above Q3 2025.

Shopify (NASDAQ: SHOP) will announce third-quarter 2025 financial results for the quarter ended September 30, 2025 before markets open on Tuesday, November 4, 2025. Management will host a conference call and webcast at 8:30 a.m. ET on November 4, 2025 to discuss results. The live webcast will be available on the company's investor relations website and an archived replay will be posted after the call.

Shopify (NASDAQ, TSX: SHOP) reported exceptional Q2 2025 financial results, achieving 31% revenue growth to $2.68 billion and maintaining a 16% free cash flow margin for the eighth consecutive quarter. The company's Gross Merchandise Value (GMV) reached $87.8 billion, with particularly strong performance in Europe showing 42% GMV growth on a constant currency basis.

For Q3 2025, Shopify projects mid-to-high twenties percentage revenue growth year-over-year, with gross profit dollars expected to grow in the low-twenties. The company anticipates operating expenses at 38-39% of revenue and targets a free cash flow margin in the mid-to-high teens.

Shopify (NASDAQ, TSX: SHOP) has scheduled its second-quarter 2025 financial results announcement for August 6, 2025, before markets open. The company's management team will host a conference call at 8:30 a.m. ET on the same day to discuss the quarterly performance.

Investors can access the conference call via webcast through Shopify's investor relations website. An archived replay will be made available after the call concludes.

Shopify (SHOP) held its 2025 Annual Meeting of Shareholders on June 17, where all ten director nominees were successfully elected to the Board of Directors. PricewaterhouseCoopers LLP was reappointed as auditors with 99.35% approval. The non-binding advisory vote on executive compensation passed with 62.33% support, though notably received significant opposition with 37.67% votes against. Key director voting results showed strong support for most nominees, with Lulu Cheng Meservey and David Heinemeier Hansson receiving 99.81% approval each. However, some directors faced notable opposition, with Gail Goodman receiving 75.71% approval and Fidji Simo receiving 83.76%. Tobias Lütke will continue as Board Chair, while Joe Natale will serve as Lead Independent Director.

Shopify (NASDAQ, TSX: SHOP) reported strong Q1 2025 financial results with remarkable growth and profitability metrics. The company achieved 27% revenue growth reaching $2.36 billion, and a 15% free cash flow margin. Gross Merchandise Value (GMV) grew to $74.75 billion, while Monthly Recurring Revenue (MRR) reached $182 million. Operating income more than doubled to $203 million from $86 million year-over-year. The company has maintained eight consecutive quarters of 25%+ pro forma revenue growth and seven quarters of 20%+ GMV growth. For Q2 2025, Shopify expects mid-twenties revenue growth, high-teens gross profit growth, and mid-teens free cash flow margin.

Shopify (SHOP) has announced it will release its first-quarter 2025 financial results on Thursday, May 8, 2025, before markets open. The company's management team will host a conference call to discuss Q1 results at 8:30 a.m. ET on the same day.

The conference call will be accessible via webcast through Shopify's investor relations website. An archived replay of the webcast will be made available after the call concludes.

Splitit has launched its new fully Embedded Shopify App - Splitit Card Installments, offering a comprehensive solution that combines credit card processing with one-click installment payments. The white-label solution integrates directly into the Shopify checkout process, eliminating redirects and applications typically associated with pay-over-time options.

The app addresses a critical e-commerce challenge, as 22% of online shoppers abandon checkouts due to complexity. Operating in over 100 countries, the solution enables merchants to maintain complete brand control while offering localized payment options. The white-label approach ensures merchants retain all first-party customer data and maintain their brand identity throughout the customer journey.

Shopify (SHOP) has announced plans to voluntarily transfer its U.S. stock exchange listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market. The transition is scheduled to take place at the end of March 2025, with SHOP shares ceasing trading on NYSE after market close on March 28, 2025, and beginning trading on Nasdaq on March 31, 2025.

The company's listing on the Toronto Stock Exchange (TSX) will remain unchanged, and Shopify will maintain its ticker symbol 'SHOP' on both exchanges. The Class A Subordinate Voting Shares will continue to trade on both the TSX and Nasdaq under the same symbol.