Revenue segments as reported by the company.

Subscription solutions

Merchant solutions

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Transaction & Loan losses

Impairment on sales of Shopify's logistics businesses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Shopify

Shopify, Inc. operates a cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded on September 28, 2004 and is headquartered in Ottawa, Canada.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Shopify reports robust Q2 earnings, surpasses $1 trillion GMV milestone

Shopify's Q2 performance showcases strong revenue growth, improved profitability, and milestone achievements.
The company's focus on cross-border selling, off-line GMV, and B2B segments highlights diversification and growth potential.
While challenges exist in sustaining growth and managing competition, Shopify's strategic initiatives and strong financial metrics position it well for future success.

Shopify reports robust Q3 results, eyes growth through partnerships

Shopify's Q3 performance reflects strong growth across key metrics, underpinned by a focus on entrepreneurship and product innovation.
While challenges exist in a competitive market and economic uncertainties, Shopify's strategic initiatives and partnerships offer growth opportunities.
The company's commitment to supporting merchants, expanding its product suite, and driving engagement positions it for continued success in the e-commerce space.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Shopify, Inc. engages in the cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar, and pop-up shops. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded on September 28, 2004 and is headquartered in Ottawa, Canada.

Shopify Inc (TSX:SH., NYSE:SHOP) shares are now a Buy in the eyes of Bank of America thanks to balanced growth, margin expansion, and strong future revenue and free cash flow projections under new CFO Jeff Hoffmeister.

Shopify gains BoA's confidence thanks to strong revenue projections

Shopify (SHOP) shares rose Tuesday after an upgrade from Bank of America, which argued that the online payments platform is “turning the corner.”

Shopify Stock Climbs After Bank of America Analysts Say It's 'Turning a Corner'

Shopify stock popped on an upgrade to buy from BofA on views its profitability has inflected under a new chief financial officer.

BofA Upgrades Shopify On Margin Outlook Under New CFO

Analyst Brad Sills upgraded Shopify shares SHOP, +8.44% to buy from neutral on Tuesday, writing that the Canada based e-commerce company is “turning a corner on balanced growth and margin.”

Shopify's stock looks to snap six-session losing streak after BofA upgrade

Shopify is expanding its customer base with new products targeting larger clients. It's scaling down to meet current demand and become more efficient.

Why Shopify Stock Dropped 15% in the First Half of 2024

The shares of Shopify Inc (NYSE:SHOP) are up 5.3% before the bell, after landing an upgrade at Bank of America to "buy" from "neutral" and price-target hike to $82 from $78.

Why Bank of America is Bullish on Shopify Stock

BofA Securities upgraded shares of e-commerce platform Shopify to Buy from Neutral.

Shopify Stock Is Rising After Upgrade

Amazon

Shopify Inc (NYSE: SHOP) has been rather flaccid while Amazon.com Inc (NASDAQ: AMZN) has been a darling since the start of 2024.  But all it does is make SHOP a lot more attractive to own in July than its larger rival AMZN, as per Mark Mahaney – the head of internet research at Evercore ISI.

Shopify stock is a better pick than Amazon: Mark Mahaney explains why

BOULDER, Colo., July 15, 2024 (GLOBE NEWSWIRE) -- Red Van, the commerce consulting firm built to scale enterprise brands, today announces a strategic partnership with Shopify, launching the next phase of the company's growth and reinforcing its leadership in the industry.

Red Van Announces Strategic Partnership with Shopify to Enhance Ecommerce Services for Enterprise Clients

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Brokers Suggest Investing in Shopify (SHOP): Read This Before Placing a Bet

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Building wealth takes time, but if you know where to park your money, you can make the most of your investments. The first half of 2024 was exceptional for the stock market, with several high-potential stocks hitting 52-week highs and the S&P 500 and Nasdaq steadily moving higher.

3 High-Potential Stocks on Track to Double by Next Year

Shopify (SHOP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Shopify (SHOP) Could Beat Earnings Estimates Again

NEW YORK--(BUSINESS WIRE)-- #frankandoak--Unified Commerce Group partners with HotWax Commerce and Shopify for omnichannel initiatives, starting with Frank And Oak.

Unified Commerce Group selects HotWax Commerce as its Omnichannel Order Management Solution for Shopify POS

Online sales were one of the few bright spots in last month's retail sales data. The stock's momentum was interrupted by the Fed's announcement to keep interest rates steady.

Why Did Shopify Stock Rise 12% Last Month?

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E-commerce powerhouse Shopify has a solid moat and plenty of room to run. DexCom's massive addressable market bodes well for its long-term prospects.

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The latest trading day saw Shopify (SHOP) settling at $65.45, representing a +1.03% change from its previous close.

Shopify (SHOP) Rises Higher Than Market: Key Facts

Shopify stock price has underperformed over the past year as the stock needed time to catch up to the valuation. The company has delivered on accelerating top-line growth alongside solid margin expansion. While not cheap, Shopify remains positioned for market-beating returns as operating leverage takes hold.

Shopify: The Only Alternative To Amazon (Rating Upgrade)

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In a bid to bolster its online sales and further compete with fellow omnichannel giant Walmart (WMT) and Amazon (AMZN), Target (TGT) announced a partnership with Shopify (SHOP) on Monday to enhance its e-commerce marketplace.

News for Shopify Stock (SHOP)