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 reported strong Q2 results, with revenue of $1.69 billion and a non-GAAP profit of $0.14 per diluted share. But the market didn't like it. The company is focused on expanding its potential addressable markets and investing in growth. Compare SHOP to Amazon 10 years ago and you'll see it's not that overvalued.

Shopify Stock: An Exciting Long-Term Opportunity

Shopify is winning market share and has returned to positive cash flow. The stock still looks expensive relative to its current earnings potential.

2 Reasons to Buy Shopify Stock, and 1 Excellent Reason to Wait

Shopify stock's recent surge following its integration with Amazon's Buy with Prime has been fully digested, presenting another buying opportunity. The upcoming third-quarter earnings announcement and Investor Day presentation may provide insights into Shopify's growth strategies and generative AI opportunities. Despite its recent pullback, Shopify's strong growth potential and robust momentum suggest buyers are expected to defend its premium valuation.

Shopify: Recent Surge Was Fully Digested - Here's Why I Bought Even More

Shopify Inc.'s strong market position and growth potential are evident. Concerns arise regarding the recent valuation as Shopify enters a more mature growth phase. The challenge lies in maintaining a hypergrowth premium amid moderating revenue growth rates.

Shopify: Riding High On Promising Future Growth

Amazon

eBay

Purchased an Amazon Prime deal? Maybe an AI wrote the product copy that convinced you to spend.

On Amazon, eBay, and Shopify, AI is the new third-party seller

SolarEdge Technologies

The S&P 500 returned an average of 186% during the nine bull markets that have taken place since 1970. Shopify is the gold standard in e-commerce software, and the stock currently trades at a steep discount.

A Bull Market Is Coming: 2 Remarkable Growth Stocks to Buy Before They Soar 200% by 2028

Internet, Everywhere--(Newsfile Corp. - October 12, 2023) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, announces upcoming investor events: Third-Quarter 2023 Financial Results Shopify plans to announce financial results for its third quarter, which ended September 30, 2023, before markets open on Thursday, November 2, 2023. Shopify's management team will host a conference call to discuss third-quarter results at 8:30 a.m.

Shopify Announces Third-Quarter 2023 Financial Results Conference Call Date and Upcoming Investor Day

Visa

Zoom Video

In 2023, stocks have generally fared better than the previous year. Yet, some high-growth stocks have slowed down amid uncertainties like a potential recession and higher interest rates.

3 Millionaire-Maker Growth Stocks the Market Is Totally Overlooking

Shopify is growing quickly, but its losses continue to be substantial. Improving cash flows have Wall Street feeling optimistic about earnings.

Up 50% in 2023, Is Shopify a Buy?

Shopify Inc (TSX:SH., NYSE:SHOP)'s share price rebounded this week, curbing a slump in September, as the e-commerce and payment processing company prepares to release its results for the third quarter later this month.

Shopify shares rebound ahead of results day

Home Depot

Shopify is cash flow positive and eyeing higher profitability. Home Depot shares are available at a discount.

3 Top E-Commerce Stocks to Buy Right Now

Shopify is the market leader in e-commerce software and omnichannel software. Shopify is innovating rapidly in an effort to capture more market share.

1 Phenomenal Stock-Split Growth Stock Up 265% in 5 Years to Buy Right Now and Hold Forever

Align Technology

HubSpot

Netflix

Snap

Block

As the curtain fell on September, the stock market lamented its losses. The three major indexes ended last month firmly in the red.

September's Biggest Losers: 7 Popular Stocks That Just Took a Major Hit

In the latest trading session, Shopify (SHOP) closed at $53.51, marking a -0.26% move from the previous day.

Shopify (SHOP) Stock Slides as Market Rises: Facts to Know Before You Trade

Economic data convinced investors that Shopify's growth will continue to slow in future quarters. Shopify's expensive valuation contributes to extra volatility.

Here's Why Shopify Tumbled 18% in September

After losing some value lately, a hammer chart pattern has been formed for Shopify (SHOP), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Shopify (SHOP) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

Wayfair

E-commerce companies have struggled mightily coming out of the Covid-19 pandemic. After skyrocketing in 2020 and 2021 as people the world over were forced to shop exclusively online, e-commerce stocks came crashing back to earth over the last two years as interest rates rose and people returned to in-store shopping.

Q4 Forecast: 3 Ecommerce Stocks Set to Soar in 2024

3 Growth Stocks to Create Long-Term Wealth (and Keep It!)

The fourth quarter has historically been the best quarter of the year for the S&P 500. Shopify is the market leader in e-commerce and omnichannel commerce software.

History Says the S&P 500 Will Move Higher This Year: 1 Remarkable Growth Stock to Buy Now Before the Holiday Rally

Trade Desk

Shopify has a proven track record of growth and is well positioned to grow its retail market share. The Trade Desk helps advertisers become more successful and can benefit from rising digital advertising spending.

2 Growth Stocks to Keep on Your Radar

Microsoft

Exxon Mobil

Exxon Mobil is generating excellent profit and free cash flow. Shopify's 30% revenue growth is hard to match.

The Best Stocks to Buy With $10,000 Right Now

Affirm

ARK Fintech Innovation ETF

American Express

MercadoLibre

Marqeta

Nu Holdings

PayPal

SoFi Technologies

The fintech space ranges from giants like PayPal to an array of smaller and more specialized companies. E-commerce growth provides an organic tailwind to fintech stocks, but there are others as well.

You Don't Have to Pick a Winner in Fintech Stocks. Here's Why.

Teladoc

XPeng

As we near the end of 2023, it's worth noting that this year has been more favorable for stocks than the previous one. However, several hyper-growth stocks have recently experienced a slowdown.

3 Millionaire-Maker Hyper-Growth Stocks Poised to Surge Higher

Etsy

Target

Inflation has been a recurring theme of the economy, but it's gotten extra hot in recent years. Reckless money printing is the primary catalyst for higher prices and higher interest rates, and the return of student loan payments doesn't make matters any better.

Ticking Time Bombs: 3 E-Commerce Stocks to Dump Before the Damage Is Done

Shopify Inc. stock has experienced a bull run and outperformed the market over the last year. The partnership with Amazon could be a growth catalyst for Shopify. However, the current macro and valuation headwinds suggest that the bull run is likely over, and it may be better to wait for a greater pullback before investing in Shopify.

News for Shopify Stock (SHOP)