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 Q4 2020

Earnings data Q1 2021

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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

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 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.

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.

Paycom Software

The S&P has returned 53% since entering a bull market in October 2022, but it returned an average of 184% during past bull markets. Shopify was recently recognized as a leading B2B e-commerce platform, a noteworthy development given that B2B is growing faster than retail.

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Snowflake

Tesla

Tesla's strong brand could make it a great option in the growing electric vehicle market. Snowflake's stock has been in a free fall this year, largely due to a change in CEO.

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CrowdStrike

Netflix

Many investors flock to growth stocks for consistent returns and high overall yield increases when the companies perform well. While some growth stocks suffer from high volatility, they can typically bounce back during harsh economic conditions.

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Meta Materials

Zoom Video

Certain growth stocks continue to excel in this market. Many of these companies are propelled by smart management teams that make good strategic decisions and by long-term catalysts, with AI remaining the top item of focus for many investors.

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Shares of e-commerce company Shopify Inc SHOP are trading higher after Evercore ISI analyst Mark Mahaney upgraded the stock from In-Line to Outperform rating and announced a price target of $75.

Why Is Shopify's Stock Trading Higher On Friday?

Shopify stock won an upgrade to outperform from Evercore ISI as the e-commerce company continues to claw back from a sell-off on first quarter results.

Shopify Stock Wins Upgrade, E-Commerce Stock Claws Back From Q1 Sell-Off

Evercore's Mark Mahaney upgrades shares of the e-commerce company to Outperform from In-Line.

Shopify Stock Gets Another Buy Rating After Recent Pullback

Apple

Gap Inc

Eli Lilly

UiPath

Target

It remains a tale of two markets. Some stocks have wind in their sails and are soaring to all-time highs.

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NVIDIA

Most of the narrative among equity investors right now centers on growth stocks. Questions about whether interest rates will decline, how robust spending will be, and the AI boom apply to a wide range of higher-growth companies in specific industries.

3 Growth Stocks Primed for a June Boom

C3.ai

Dell Technologies

AI is the hottest thing in stocks right now. Nvidia's (NASDAQ: NVDA ) historic bull run, thanks to its AI-friendly business, is proof of this.

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JP Morgan analyst Reginald Smith initiated coverage on Shopify Inc SHOP with an Overweight rating and a price target of $74.

Shopify Has Competitive Moat That Warrants Premium Valuation: JP Morgan Analyst

Shares of Shopify Inc (NYSE:SHOP) are headed for their 11th consecutive daily gain, up 1.9% to trade at $64.20 at last glance, after J.P.

Shopify Stock Extends Rally After Bull Note

The streaming wars have a lot of lessons for investors they could apply to e-commerce. Shopify seems ill-equipped to win in B2C e-commerce long term, due to the difficulty its customers could face in acquiring customers and managing churn. I believe the company is well-suited to win in B2B, however, a huge market that is more about digitalization rather than DTC transformation.

Shopify And The Streaming Analogy

SCHAUMBURG, Ill.--(BUSINESS WIRE)--NMI, a global leader in embedded payments, announces its newly enhanced Shopify integration. The upgraded offering ensures NMI's Independent Sales Organization (ISO) partners, software providers and payment professionals can offer their merchants a truly integrated payment experience that aligns with the latest Shopify requirements. Designed for partners looking to enhance their merchant offerings, the latest Shopify integration is built for business continuit.

NMI Launches New Shopify Integration for a More Seamless Merchant Experience

Shopify's stock has dropped 20% in the past month due to slightly weak 2Q guidance, despite beating revenue and EPS expectations. The recent selloff is overdone and presents an attractive entry point, as the company's key growth drivers, including GMV, GPV, and MRR, remain on track. Shopify's resilient consumer spending, boosted by increased marketing investments, indicates potential for future growth.

Shopify: Strong Plus Migration Is A Bullish Signal (Rating Upgrade)

Amazon

Amazon has all the advantages of its massive size and scale. Shopify is the leading third-party e-commerce platform operator in the U.S. In investing, bigger is not always better.

Best Stock to Buy Right Now: Amazon vs. Shopify

Shopify shares have experienced significant volatility, with a recent implosion in share price following a disappointing earnings report. Despite this, Shopify has consistently adapted to changing ecommerce environments and has become the largest competitor in its space. The company's ability to add new merchants at an accelerated pace and its focus on providing a wide variety of software tools for optimization have contributed to its above-average growth.

Is It Time To Go Shopping For Shopify Shares?

That said, when folks think of Amazon, they're likely thinking of the package they just ordered that they expect to be delivered tomorrow.

Forget Amazon: This Stock Is the Next Millionaire Maker

Shopify operates one of the world's largest e-commerce platforms. Its stock has done incredibly well over the long term, but it has been volatile, too.

Where Will Shopify Stock Be in 1 Year?

Shopify has acquired Threads.com, the Seqiuoa-backed Slack alternative, Threads said on its website. The companies didn't disclose the terms of the deal but said that the Threads.com team will join Shopify.

Shopify acquires Threads (no, not that one)

Shopify's recent earnings report showed a net loss due to the sale of its logistics business, causing a decline in share price. The company's guidance for the current quarter fell short of expectations, with projected revenue growth and operating expenses not meeting analyst predictions. Despite short-term headwinds, Shopify's strong market position, diversified revenue stream, and focus on innovation make it an undervalued stock with long-term growth potential.

Shopify: Beyond The Short-Term Noise, A Long-Term Growth Story, Buy

Shopify's shares dropped significantly following its latest quarterly update. The company turned in a net loss, and the valuation also looks high.

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Amazon and Shopify will benefit as consumers spend more money online.

Should You Buy Amazon Stock Instead of Shopify Stock?

Internet, Everywhere--(Newsfile Corp. - June 5, 2024) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, announced today the results of its annual meeting of shareholders (the "Meeting") held on June 4, 2024. All director nominees were elected to the Board of Directors and PricewaterhouseCoopers LLP were appointed as the Company's auditors.

Shopify Announces Results of its 2024 Annual Meeting of Shareholders

Shopify (SHOP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

News for Shopify Stock (SHOP)