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

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Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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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 has been through its fair share of struggles, but it's making the right moves to become leaner and sustain its growth. The market is rewarding it with a premium valuation, although it's a much lower premium than it has previously sported.

Is Shopify Stock Too Expensive?

LOS ANGELES--(BUSINESS WIRE)--CommentSold, the leading fashion live selling platform, announced today the launch of Videeo for Shopify. This innovative Shopify app revolutionizes customer engagement and optimizes fashion and beauty live selling experiences with a host of innovations. Designed to integrate with Shopify seamlessly, Videeo empowers shops to convert e-commerce shoppers into super fans and repeat customers. Building a community and direct customer connections, in turn, increases con.

CommentSold Launches Videeo™, a Shopify Live Selling App Powered by North America's Leading Live Video Commerce Technology Platform

Klaviyo, Inc. 

It could become one of the rare tech companies to test the IPO market post-pandemic. Tech IPOs were plentiful before the pandemic, but in the past few years, they've become more of a rarity.

Klaviyo IPO: What to know about the Shopify-backed marketing platform as it eyes the NYSE

Archer Aviation

Uber

Ken Griffin and Citadel Advisors placed a big bet on a fast-growing provider of e-commerce software. Cathie Wood and Ark Invest bought millions of shares of a pre-commercial-stage company developing air taxis.

3 Growth Stocks Billionaires Are Buying Left and Right

SolarEdge Technologies

Hedge fund managers William Harnish and Till Bechtolsheimer outperformed the S&P 500 over the last three years. Harnish started a position in Shopify in the second quarter, and Bechtolsheimer quintupled his stake in SolarEdge during the past year.

These Money Managers Have Beaten the S&P 500 Like Clockwork: 2 Magnificent Growth Stocks They're Buying Now

Ark Invest sold approximately $9.2 million worth of Shopify stock on Aug. 21. The firm purchased roughly $6.4 million worth of Adyen stock the same day.

Cathie Wood Just Sold Shopify -- and Bought These 7 Potentially Explosive Growth Stocks

I examine whether Shopify has the potential to appreciate ten times over with its current valuation as part of 'The Hunt For Potential 10x Returns' series. As previously done, I use a rating system based on factors such as returns on invested capital, insider ownership, share repurchases, gross profit margin, and intangibles to evaluate Block. SHOP stock has scored the highest rating yet due to its great returns on invested capital and intangible value through AI product initiatives and employee cuts that decrease overhead.

The Hunt For Potential 10x Returns: Shopify's Push Into AI With Lower Overhead Will Drive Growth

Shopify has recently introduced a new payment method, Solana Pay, and this is a sound decision considering survey results pointing to the increased popularity of cryptocurrency payments. Shopify delivered a massive earnings beat for the recent quarter, and this is largely attributable to the company's success in managing expenses. I maintain my Buy rating for SHOP stock as I have been impressed with the company's recent actions relating to the Solana Pay integration and cost optimization.

Shopify: New Payment Method And Cost Control Draw Attention

DraftKings

Exact Sciences

Block

Tesla

Much has been written and discussed about the incredible success and then failure of Cathie Wood's phenomenal ARK Innovation exchange-traded fund, which exploded in 2020 only to implode in the fall of 2021 and trade sideways most of 2022.

Cathie Wood Has 5 ‘Strong Buy' ARK Innovation Holdings That Aggressive Growth Investors Can Grab Now and Hold Forever

Shopify's revenue is growing across the board, and the company is free-cash-flow positive. While the challenges from the logistics divestiture are entering the rear-view mirror, the stock still seems to trade at a hefty premium to its peers.

Is Shopify's Stock Overvalued?

These are the ONLY 3 Cathie Wood Stocks to Consider in August 2023

Solana Pay, a decentralized payment protocol by Solana Labs, has integrated its plug-in with Shopify, allowing millions businesses on its platform to use it for payments, TechCrunch was told exclusively. Solana Pay launched in February 2022 and is built on top of the layer-1 blockchain Solana.

Solana Pay integrates plug-in with Shopify for USDC payments

CrowdStrike

MercadoLibre

The Shopify ecosystem helps make its platform a popular choice. CrowdStrike could secure investor gains by protecting endpoints.

$5,000 Invested in These 3 Stocks Could Make You Richer Over the Next 20 Years

Shopify performed well on the market over the past year, but probably not because of its stock split. The company remains a leader in its niche of the rapidly growing e-commerce industry.

1 Excellent Stock-Split Stock to Buy Hand Over Fist

Shopify's revenue growth accelerated last quarter, beating analyst estimates. Shopify benefits from switching costs, which make up its economic moat.

1 E-Commerce Stock You Can Buy and Hold for the Next Decade

Amazon

Amazon will charge some sellers a 2% fee for not using Fulfillment by Amazon. It's the latest example of the company cutting costs and driving profitability.

Did Amazon Just Do Shopify a Huge Favor?

Ark Invest cut its positions in Tesla and Shopify recently. Despite the sale, both stocks remain top holdings across Ark's ETFs.

Cathie Wood Just Sold Tesla and Shopify -- and Bought This Potentially Explosive Growth Stock

Etsy

Cooling inflation has boosted consumer sentiment and reinvigorated spending, and those trends should benefit Shopify and Etsy. Shopify is the leader in omnichannel-commerce software worldwide, and it ranks as the second largest U.S. e-commerce company behind Amazon.

A Bull Market Is Coming: 2 Magnificent Growth Stocks to Buy Now Before They Rip Higher

Shopify's business might have reached a bottom. It could ride on long-term growth tailwinds.

Is Shopify's Stock a Buy Now?

Shopify reported stellar growth in Q2 2023, but some investors worry about valuation. Shopify still has work to do, but its actual operations are indeed cash profitable.

How Egregiously Overpriced Is Shopify Stock Really?

PayPal

Unity Software

Many experts suggest the Federal Reserve will initiate rate cuts soon, making the stocks of rate-sensitive firms attractive. While terminal rate uncertainty remains, we are likely encroaching on the end of the rate hiking road.

3 Stocks to Own if Interest Rate Cuts Are on the Horizon

Shopify stock pulled back nearly 25% from its mid-July highs. Given its significant growth runway, I'm excited about the opportunity to enter this time. The company's Q2 earnings release vindicated the outperforming potential of Shopify against its peers. However, SHOP's steep growth premium suggests any position needs to be managed with careful risk management strategies, mitigating unforeseen downsides.

Shopify: Top E-Commerce Growth Play That I Shouldn't Miss (Rating Upgrade)

Shopify stock (NYSE: SHOP) has declined by close to 21% over the last month, underperforming the broader markets.

What's New With Shopify Stock?

Shopify had a tough time in 2022. But the company is making good improvements in growth and cash flow lately.

Is the Worst Over for Shopify's Stock?

Mastercard

U.S. economic growth should accelerate in Q3 on strong consumer spending and business investments. Shopify taps into the economy by providing businesses with a turnkey solution for omnichannel commerce.

News for Shopify Stock (SHOP)