Welcome to our dedicated page for Shopify news (Ticker: SHOP), a resource for investors and traders seeking the latest updates and insights on Shopify stock.
News and updates for Shopify Inc. (SHOP) focus on its role as a global commerce company providing essential internet infrastructure for merchants of all sizes. Company news frequently centers on quarterly financial results, platform performance, and merchant activity across its subscription solutions and merchant solutions revenue streams.
Earnings releases provide details on revenue, gross profit, operating income, free cash flow, GMV, and MRR, along with commentary from Shopify’s leadership on growth, profitability, and merchant success. These updates often highlight multiple consecutive quarters of double-digit free cash flow margins and GMV growth, as well as constant currency analyses that separate operating performance from foreign exchange effects.
Investors and followers of SHOP can also expect news related to major commerce events. For example, Shopify publishes detailed Black Friday–Cyber Monday reports that describe GMV processed over the weekend, the number of customers purchasing from Shopify-powered brands, first-time sales by entrepreneurs, and technical performance metrics such as requests handled by its infrastructure and package tracking activity through the Shop App.
Other regular news items include announcements of upcoming earnings release dates and conference calls, results of annual meetings of shareholders, and governance updates such as director elections, auditor appointments, and advisory votes on executive compensation. Leadership changes, including appointments or departures of senior executives, are disclosed through press releases and Form 8-K filings.
For anyone tracking SHOP, this news stream offers a view into Shopify’s financial performance, operational scale, governance decisions, and the broader activity of merchants using its commerce platform around the world.
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.
Shopify (SHOP) reported strong Q4 2024 financial results with revenue growth accelerating to 31% and free cash flow margin expanding to 22%. Full-year revenue increased 26% to $8.88 billion, with free cash flow margin reaching 18%. The company achieved significant milestones in 2024, including:
- Gross Merchandise Value (GMV) growth of 24% year-over-year, reaching $292.27 billion
- Operating income of $1.075 billion, compared to a loss in 2023
- Seven consecutive quarters of 25%+ revenue growth (excluding logistics)
- Monthly Recurring Revenue (MRR) of $178 million
- Over 12% US ecommerce market share
For Q1 2025, Shopify expects mid-twenties percentage revenue growth, low-twenties gross profit growth, and free cash flow margin in the mid-teens.
Shopify (NYSE, TSX: SHOP) has announced it will release its fourth-quarter and full-year 2024 financial results on Tuesday, February 11, 2025, before markets open. The company's management team will host a conference call to discuss the results at 8:30 a.m. ET on the same day. Investors can access the conference call via webcast through Shopify's investor relations website. An archived replay of the webcast will be made available after the call concludes.
Shopify merchants achieved record $11.5 billion in sales during Black Friday-Cyber Monday weekend, marking a 24% increase from last year. The platform served 76+ million customers globally, with peak sales reaching $4.6 million per minute at 12:01pm EST on Black Friday. Notable achievements include 16,500+ entrepreneurs making their first sale and over 67,000 merchants experiencing their highest-selling day. The average cart price was $108.56, with top-selling categories including Clothing Tops, Cosmetics, and Fitness & Nutrition. Cross-border orders represented 16% of global orders, with a 58% year-over-year increase in Shop Pay sales.
Shopify (NYSE, TSX: SHOP) reported Q3 2024 financial results, showing a 26% revenue growth to $2.162 billion and a 19% free cash flow margin. This marks the sixth consecutive quarter of over 25% revenue growth, excluding logistics. Key metrics include a GMV of $69.715 billion, MRR of $175 million, gross profit of $1.118 billion, and operating income of $283 million. Free cash flow grew to $421 million. President Harley Finkelstein emphasized Shopify's role in supporting merchants, while CFO Jeff Hoffmeister highlighted the company's balanced approach to growth and operational leverage.
Shopify Inc. (NYSE, TSX: SHOP) has announced that it will release its third-quarter 2024 financial results on Tuesday, November 12, 2024, 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 results. Investors and interested parties can access the conference call via webcast on Shopify's investor relations website. An archived replay of the webcast will be made available after the call concludes. The financial results will cover the period ending September 30, 2024.
Shopify (NYSE, TSX: SHOP) announced that CEO Tobias Lütke has adopted an automatic securities disposition plan (ASDP) for the sale of Class A Subordinate Voting Shares. The plan, set to commence on or after September 17, 2024, allows for the sale of up to 2,564,964 Class A Shares and will terminate by December 31, 2025. The Ontario Securities Commission has exempted Mr. Lütke from prospectus requirements for these sales. All shares in the ASDP are from vested options and restricted share units granted as CEO compensation. The plan does not involve conversion of any multiple voting shares owned by Mr. Lütke.
Shopify Inc. (NYSE, TSX: SHOP) reported strong Q2 2024 financial results, with revenue up 21% (25% adjusted for logistics business sale) and gross profit up 25% year-over-year. Key highlights include:
- GMV increased 22% to $67.2 billion
- Revenue grew to $2.0 billion
- Merchant Solutions revenue up 19% to $1.5 billion
- Subscription Solutions revenue rose 27% to $563 million
- Monthly Recurring Revenue (MRR) increased 25% to $169 million
- Free cash flow reached $333 million, with margin expanding to 16%
Shopify's President, Harley Finkelstein, emphasized the company's strengthening position in global commerce, while CFO Jeff Hoffmeister highlighted robust financial performance across all metrics.