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 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.

While the top- and bottom-line numbers for Shopify (SHOP) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Shopify (SHOP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Shopify Inc. (NYSE:SHOP ) Q2 2023 Earnings Conference Call August 2, 2023 8:00 AM ET Company Participants Carrie Gillard - IR Harley Finkelstein - President Jeff Hoffmeister - CFO Conference Call Participants Richard Tse - National Bank Gabriela Borges - Goldman Sachs Keith Weiss - Morgan Stanley Mark Zgutowicz - The Benchmark Company Andrew Boone - JMP Securities Kevin Krishnaratne - Scotiabank Michael Morton - Moffett Nathanson Jocelyn Hung - Evercore ISI Paul Treiber - RBC Capital Todd Copeland - CIBC Trevor Young - Barclays Carrie Gillard Good afternoon, and thank you for joining Shopify's Second Quarter 2023 Conference Call. Harley Finkelstein, Shopify's President; and Jeff Hoffmeister, our CFO are with us today.

Shopify Inc. (SHOP) Q2 2023 Earnings Call Transcript

Shopify reported a double beat, but that wasn't enough to push the stock higher. Is Shopify stock a buy now?

Shopify Stock Earnings: When a Double Beat Isn't Enough Anymore

Shopify (SHOP) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to loss of $0.03 per share a year ago.

Shopify (SHOP) Tops Q2 Earnings and Revenue Estimates

Shopify Inc. easily topped adjusted profit expectations for its latest quarter, though shares of the e-commerce marketplace were headed lower in Wednesday's after-hours action.

Shopify makes progress on free cash flow, but stock moves lower after earnings

Shopify reported second-quarter results that topped estimates. SHOP stock climbed as gross merchandise volume also beat Wall Street targets.

E-Commerce Firm Shopify Earnings, Revenue Top Estimates

Revenues Up 31% Year-Over-Year; Cashflow Positive for Third Consecutive Quarter Internet, Everywhere--(Newsfile Corp. - August 2, 2023) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, today announced financial results for the quarter ended June 30, 2023. "Our business momentum has led to another quarter of strong financial results.

Shopify Announces Second-Quarter 2023 Financial Results

Shopify's (SHOP) second-quarter 2023 performance is expected to have benefited from an expanding merchant base.

Shopify's (SHOP) Q2 Earnings to Gain From Strong Merchant Base

CrowdStrike

CrowdStrike should benefit as entities seek to secure new and expanding cloud networks. Shopify and its extensive ecosystem stand out as it capitalizes on e-commerce growth.

2 Stocks That Could Turn $200,000 Into $1 Million by 2035

Shopify stock headlines a busy week of earnings for top-rated growth stocks, along with tech megacaps Apple and Amazon.com.

Shopify Stock Holds Near Highs Amid Expectations For Bullish Quarter; Apple, Amazon Set To Report

Shopify Inc (TSX:SH., NYSE:SHOP) will report its second quarter 2023 financial results after markets close on August 2, 2023, with the Canadian e-commerce firm expected to record adjusted earnings of $0.06 per share, compared with an adjusted loss of $0.03 per share a year earlier, according to Zacks Investment Research.

Shopify analysts expect 2Q profit surge as cost-cutting measures kick in

Shopify stock (NYSE: SHOP) has done very well this year, rising by 87% since early January, and also remains up by 2.5x from the lows seen in 2022.

What's Happening With Shopify Stock?

Amazon

Etsy

The global supply chain is back in action, waving a green flag for e-commerce retailers. Reduced market demand is a major red flag, with consumers keeping tight control of their household budgets.

1 Green Flag and 1 Red Flag for E-Commerce Stocks

Shopify has entered the credit card game. The commerce giant announced today that it is offering Shopify Credit, a business credit card designed exclusively for its merchants.

Shopify expands into credit cards as it pushes further into the fintech space

Shopify, like countless other Big Tech brands, is leaning into generative AI. At its bi-annual Editions conference, the ecommerce company announced an expanded set of features under Shopify Magic, Shopify's catchall brand for generative AI.

Shopify Sidekick is like ChatGPT, but for ecommerce merchants

Shopify's new AI assistant is a blessing for small businesses and a warning sign for creatives. In its quest to become the anti-Amazon, Shopify has long used machine learning to detect fraud, analyze data, and compare competing merchants.

Shopify's magical Sidekick AI is a harbinger of design's inevitable reckoning

eBay

Shopify and eBay take different approaches to e-commerce.

Best Growth Stock: Shopify vs. eBay

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Bloomreach, the world's #1 Commerce Experience Cloud, today announced the availability of Bloomreach Engagement in the Shopify App Store, where Shopify merchants find apps they can use to grow their business. With the Bloomreach Engagement app, Shopify businesses can unify data from various sources in a single platform — then activate it intelligently across email, SMS, ads, web, and more. With real-time customer data, advanced analytics, and the latest i.

Shopify Merchants Can Reach New Levels of Customer Engagement and Retention with Bloomreach Engagement — Available Now in the Shopify App Store

Pinterest

Amazon's two leading horses have lots of room to run still. Shopify's enormous total addressable market makes it a mouth-watering prospect for buy-and-hold investors.

Is A New Bull Market Here? 3 Stocks That Can Keep Rallying

Shopify is gaining traction in the enterprise market with big companies, says an analyst who has upgraded the stock to outperform.

Shopify Upgraded On Enterprise Market Push Amid 2023 Rally

The shares of Shopify Inc  (NYSE: SHOP) are up 0.6% at $65.97 at last check, after an upgrade from MoffettNathanson to "outperform" from "market perform," and a price-target hike from Mizuho to $65 from $55.

Shopify Stock Hit With Bull Notes

Shopify (NYSE: SHOP ) stock is on the rise Monday after the e-commerce company's shares were upgraded by MoffettNathanson analyst Michael Morton. That upgrade has the analyst increasing the firm's rating for SHOP stock from “market perform” to “outperform.

Shopify (SHOP) Stock Pops on Analyst Upgrade

Shopify Inc.'s shares just won an upgrade, even as an analyst acknowledged their “elevated” valuation.

Shopify's stock is expensive, but here's what one new bull says the skeptics are missing

Investors have to choose between superior growth or profitability Both businesses have attractive fundamentals.

Better Buy: Etsy or Shopify Stock?

Apple

Apple could get a nice boost following the launch of its upcoming iPhone. Shopify is benefiting from an improvement in e-commerce spending and is sitting on a large addressable market opportunity.

News for Shopify Stock (SHOP)