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SHOP · SHOPIFY INC.

5 filings

10-Q

SHOP 10-Q Quarterly Reports

SHOPIFY INC. - 5 quarterly reports

Filing record · 2016–202610-K1310-Q58-K186

2026-Q2
SHOPIFY INC. Quarterly Report for Q2 Ended Jun 30, 2026
Shopify Inc. reported robust financial performance for the three and six months ended June 30, 2026. Total revenues surged by 34% year-over-year for both periods, reaching $3.6 billion and $6.8 billion, respectively. This growth was primarily driven by a significant 37% and 38% increase in Merchant Solutions revenue, indicating strong adoption and usage of Shopify's payment processing and other merchant-focused services. Subscription Solutions also showed healthy growth of 22%, driven by an increase in Monthly Recurring Revenue (MRR) and a shift towards higher-tier plans. The company demonstrated strong operational execution, with Income from Operations increasing by 68% and 147% for the three and six-month periods, respectively. This improved profitability is supported by effective management of operating expenses, including a notable increase in Research and Development spending, suggesting continued investment in innovation and platform enhancement. The company also repurchased a substantial amount of its Class A subordinate voting shares, demonstrating a commitment to returning capital to shareholders. The strong financial results and strategic investments position Shopify well for continued growth in the e-commerce landscape.
Aug 5, 2026
2026-Q1
SHOPIFY INC. Quarterly Report for Q1 Ended Mar 31, 2026
Shopify Inc. reported strong revenue growth in the first quarter of 2026, with total revenues reaching $3.2 billion, a 34% increase year-over-year. This growth was primarily driven by a robust expansion in Merchant Solutions revenue, which grew 39% to $2.4 billion, fueled by increased payment processing and currency conversion fees from Shopify Payments. Subscription Solutions revenue also showed healthy growth of 21% to $750 million, indicating continued demand for the core platform. While the company reported a net loss of $581 million for the quarter, this was largely influenced by significant unrealized losses on equity and other investments, amounting to $1.06 billion. Excluding these investment-related fluctuations, the operational performance demonstrates continued expansion. The company also initiated a substantial $2 billion share repurchase program, signaling confidence in its future and a commitment to returning value to shareholders. Shopify's Gross Merchandise Volume (GMV) surged by 35% to $100.7 billion, underscoring the growing success of its merchants and the platform's expanding reach.
May 5, 2026
2025-Q3
SHOPIFY INC. Quarterly Report for Q3 Ended Sep 30, 2025
Shopify Inc. (SHOP) reported strong financial results for the third quarter of fiscal year 2025, demonstrating robust top-line growth and continued expansion in both its subscription and merchant solutions segments. Total revenues reached $2.84 billion, a 32% increase year-over-year, driven by significant growth in merchant solutions, which now constitute 75% of total revenue. This segment benefited from a higher Shopify Payments penetration rate and increased Gross Merchandise Volume (GMV). The company's strategic focus on enhancing its platform's capabilities, including leveraging AI and expanding its ecosystem, appears to be resonating with its merchant base. Despite increased operating expenses, particularly in sales and marketing and R&D, Shopify maintained healthy income from operations. The company also reported a solid cash position and positive operating cash flows, indicating sound financial health. Investors should note the ongoing investment in growth initiatives and the potential impact of macroeconomic factors and foreign currency fluctuations, as detailed in the filing.
Nov 4, 2025
2025-Q2
SHOPIFY INC. Quarterly Report for Q2 Ended Jun 30, 2025
Shopify Inc. reported a strong financial performance for the second quarter of 2025, demonstrating robust growth across its key revenue streams. Total revenues surged by 31% year-over-year to $2.68 billion for the quarter, driven by significant increases in both Subscription Solutions and Merchant Solutions. Merchant Solutions, in particular, saw a 37% year-over-year increase, largely propelled by higher payment processing fees from Shopify Payments due to increased Gross Merchandise Volume (GMV) and a higher penetration rate of the service. The company's strategic focus on enhancing its merchant services and expanding its platform capabilities continues to yield positive results, contributing to accelerated GMV growth of 31% for the quarter. Profitability also saw a considerable uplift, with income from operations increasing by 21% to $291 million. Net income for the quarter reached $906 million, a substantial increase from $171 million in the prior year, reflecting strong operational execution and favorable investment gains. The company maintains a healthy balance sheet with $5.8 billion in cash, cash equivalents, and marketable securities as of June 30, 2025, providing ample liquidity to fund its growth initiatives and meet its financial obligations, including the upcoming maturity of its convertible senior notes.
Aug 6, 2025
2025-Q1
SHOPIFY INC. Quarterly Report for Q1 Ended Mar 31, 2025
Shopify Inc. (SHOP) reported its first-quarter 2025 financial results, showcasing robust top-line growth driven by both subscription and merchant solutions. Total revenues increased by 27% year-over-year to $2.4 billion, with merchant solutions revenue growing 29% and subscription solutions revenue up 21%. Gross profit also saw a healthy increase of 22%, reaching $1.17 billion. Despite this revenue growth, the company reported a net loss of $682 million for the quarter, significantly impacted by a substantial unrealized loss on equity and other investments totaling $1.021 billion. Key operational metrics like Gross Merchandise Volume (GMV) and Monthly Recurring Revenue (MRR) demonstrated continued strength, with GMV increasing by 23% to $74.8 billion and MRR growing 21% to $182 million. The company made a strategic acquisition of Vantage Discovery Inc. in March 2025 to enhance its AI capabilities. While the core business shows strong performance and continued expansion, investors should note the significant impact of non-operating items, specifically investment valuations, on the net loss, and monitor the ongoing strategic investments in areas like AI and international expansion.
May 8, 2025