Welcome to our dedicated page for SHOPIFY SEC filings (Ticker: SHOP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Shopify Inc. SEC filings document material events, operating results, governance matters, and capital actions for a Canadian commerce-platform company whose Class A subordinate voting shares trade under SHOP. Recent Form 8-K filings furnish quarterly and annual financial results, including management discussion materials and press releases describing revenue, gross merchandise volume, free cash flow, and outlook disclosures.
The filing record also covers annual meeting materials and management information circulars prepared under Canadian corporate and securities law, share repurchase authorization disclosures, executive officer changes, and other governance updates. These documents identify Shopify as a foreign private issuer that currently files periodic reports on U.S. domestic issuer forms while also making related Canadian securities filings.
Shopify Inc. (registered as Solium Capital Inc. in this excerpt) reporting proposed insider sales. Jessica Hertz is listed as the reporting person with multiple dispositions of Class A Subordinate Voting Shares between 11/28/2025 and 01/28/2026.
The excerpt lists specific sale dates and amounts: 1,854 shares on 11/28/2025 for 296,105.86; 5,619 shares on 12/09/2025 for 905,139.99; 41,122 shares on 12/11/2025 for 6,720,597.25; 1,862 shares on 12/29/2025 for 315,280.73; and 1,917 shares on 01/28/2026 for 264,822.81.
Shopify Inc. files its annual report describing how it provides cloud-based commerce infrastructure for millions of merchants across more than 175 countries. The platform combines subscription plans and merchant solutions such as Shopify Payments, lending, shipping, POS hardware and AI-enabled tools.
As of December 31, 2025, Shopify served a geographically diverse base of merchants, with 44% in the United States and 31% in Europe, the Middle East and Africa. The company reported an aggregate public float of $140,315,345,495 and 1,226,037,779 Class A shares outstanding, supported by about 7,600 employees worldwide.
Shopify Inc. reported strong 2025 results and announced a major share repurchase. Full-year revenue reached $11,556 million, up 30% year over year, while Gross Merchandise Volume grew 29% to $378,441 million. Operating income rose to $1,468 million and free cash flow to $2,007 million, for a 17% free cash flow margin.
In the fourth quarter, revenue grew 31% to $3,672 million with a 19% free cash flow margin, marking ten consecutive quarters of double-digit free cash flow margins. Growth was broad-based across merchant sizes, regions, and channels, with especially strong international and B2B trends.
Shopify’s Board authorized a $2 billion Class A share repurchase program, capped at 5% of issued and outstanding Class A subordinate voting shares. The program starts on February 17, 2026, has no fixed expiration, and will be executed through various compliant trading methods. For Q1 2026, Shopify expects revenue growth in the low-thirties percent, gross profit growth in the high-twenties percent, operating expenses at 37–38% of revenue, stock-based compensation of $140 million, and a free cash flow margin in the low-to-mid teens.
Shopify’s insider Gail Goodman filed a Rule 144 notice covering the planned sale of 1,200 Class A shares through Morgan Stanley Smith Barney on the NASDAQ, with an aggregate market value of $136,824.00.
The 1,200 Class A shares were acquired on 02/05/2026 via a cash exercise of stock options from the issuer. As of the notice, Shopify had 1,222,600,912 Class A shares outstanding.
The filing also lists prior 10b5‑1 sales for Gail Goodman over the past three months: 1,200 Class A shares sold on 01/05/2026 for gross proceeds of $190,608.00, and 1,200 Class A shares sold on 12/05/2025 for gross proceeds of $194,424.00.
Shopify Inc. (SHOP) reported Q3 2025 revenue of $2,844 million, up from $2,162 million a year ago. Subscription solutions were $699 million (vs. $610 million) and Merchant solutions were $2,145 million (vs. $1,552 million). Gross profit reached $1,391 million. Income from operations was $343 million. Net income was $264 million, or $0.20 diluted EPS (vs. $0.64).
Total operating expenses were $1,048 million, including $148 million of transaction and loan losses (vs. $58 million). Other (expense) income, net was $(35) million (vs. $577 million), reflecting a $62 million net unrealized loss on equity and other investments and a $29 million unrealized loss on an embedded derivative. Cash and cash equivalents were $2,414 million; marketable securities were $3,935 million; loans and merchant cash advances, net were $1,733 million.
As a subsequent event, Shopify settled its 0.125% Convertible Senior Notes for $1.0 billion in cash and a nominal share amount and will record a $123 million pre-tax loss in 2025.
Shopify Inc. filed an 8-K announcing it issued a press release with financial results for the quarter ended September 30, 2025. The release is furnished as Exhibit 99.1.
The company states that the information provided under Item 2.02, including Exhibit 99.1, is furnished and not deemed filed under Section 18 of the Exchange Act, and will only be incorporated by reference into other filings if specifically referenced.
Shopify Inc. announced that Jessica Hertz, previously the company's General Counsel, has been appointed Chief Operating Officer effective October 9, 2025. Ms. Hertz, age 43, joined Shopify in 2021 and led global legal, communications, policy, talent, and trust functions as General Counsel. Her background includes roles in the White House, at Facebook, and at Jenner & Block LLP, and she holds a J.D. from the University of Chicago Law School and an A.B. from Harvard College. The filing states there are no arrangements, family relationships, or reportable transactions requiring disclosure in connection with the appointment.
Shopify Inc. filed a Form 144 notifying a proposed sale of 1,200 Class A shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $193,368. The filing lists total Class A shares outstanding as 1,220,418,767, so the proposed sale represents approximately 0.0001% of outstanding shares. The proposed sale date is 10/06/2025 and payment for the acquired shares was by cash on the same date.
The filer previously sold three separate blocks of 1,200 Class A shares each under 10b5-1 arrangements on 09/05/2025, 08/05/2025, and 07/07/2025, generating gross proceeds of $175,740, $149,700, and $139,512 respectively. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
Form 144 notice by an insider of Shopify Inc. (SHOP) reports a proposed sale of 408 Class A subordinate voting shares on the Nasdaq with an aggregate market value of $58,527.72. The filer indicates these 408 shares arise from the vesting of 785 RSUs acquired from the issuer, with acquisition and proposed sale activity shown on 09/22/2025. The filing also discloses a recent sale of 400 shares on 09/09/2025 for $57,847.32. The notice includes the standard insider representation that the seller is not aware of undisclosed material adverse information about the issuer.
Form 144 notice for SHOP (Shopify Inc.) reports proposed sales of Class A Subordinate Voting Shares tied to option and RSU vesting on 09/22/2025. The filer lists two blocks: 446,584 shares (aggregate market value $64,031,213.92) and 17,885 shares (aggregate market value $2,564,305.42), with total outstanding shares shown as 1,220,418,767. Both blocks are to be sold on Nasdaq and were acquired on 09/22/2025 through vesting of options (446,584 shares) and vesting of RSUs (17,885 shares), with payment described as exercise of options/RSUs on the same date. The filing also discloses prior sales by Tobias Lutke: 17,865 shares on 09/02/2025 for $2,440,392.94 and 73,725 shares on 09/16/2025 for $10,798,552.36.