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's (SHOP) second-quarter 2024 performance is expected to reflect benefits from the growing adoption of merchant-friendly solutions.

Is Shopify (SHOP) Stock a Smart Buy Before Q2 Earnings Report?

MercadoLibre

Seven public companies are currently worth at least $1 trillion, but many others are nearing that milestone. Shopify is the market leader in e-commerce software, and its merchants accounted for 10% of online retail sales in the U.S. last year.

Prediction: 2 Growth Stocks (Under $100 Billion) Will Join Nvidia, Apple, and Microsoft as $1 Trillion Companies by 2040

Shopify's stock price has toppled 65% from its all-time high. It's still expected to go up more than 20% annually over the next three years.

Shopify: Buy, Sell, or Hold?

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Shopify (SHOP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

Insights Into Shopify (SHOP) Q2: Wall Street Projections for Key Metrics

Advanced Micro Devices

Fortinet

The recent brief tech stock dip ended as second-quarter earnings reaffirmed tech's market leadership. Indeed, the AI, cloud, and fintech sectors have been driving the tech sector in the past two years, driving more growth for the market.

3 High-Growth Tech Stocks That Have Plenty of Lead Left In Their Pencils

Take-Two Interactive Software

Twilio

Three stocks with a combination of favorable Zacks Rank, a possible earnings beat and solid price potential are: TWLO, SHOP, TTWO.

Buy These 3 Stocks With Strong Upside Left Ahead of Earnings

Williams-Sonoma

Ask 100 investors what the largest e-commerce stock in the U.S. is and most would answer Amazon (NASDAQ: AMZN ). It's just so obvious.

3 E-Commerce Stocks (Not Named Amazon) Worth Owning for the Long Haul

Cava Group, Inc.

NVIDIA

Tesla

Long-term investors seeking substantial returns often turn to aggressive growth stocks. These stocks, typically from rapidly expanding industries or innovative companies, have the potential to outperform the broader market but come with a higher level of volatility and risk.

5 Aggressive Growth Stocks for Long-Term Investors

In the closing of the recent trading day, Shopify (SHOP) stood at $59.87, denoting a -0.12% change from the preceding trading day.

Shopify (SHOP) Stock Sinks As Market Gains: Here's Why

Intuitive Surgical

Micron Technology

As I'm sure everyone reading this is aware, artificial intelligence, or AI, has been quite a volatile sector in the recent past. All indicators suggest this will continue in the near to semi-long-term future.

What Are the Hottest AI Stocks Right Now? 3 Top Picks

Shopify Inc. investors are likely feeling under the weather as the e-commerce leader heads into its upcoming Q2 earnings release. Wall Street is less uncertain about its near-term growth prospects. Its SMB base could come under increased scrutiny in the second half if consumer spending headwinds intensify.

Shopify: A Strong Message Is Needed More Than Ever Now

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Is Shopify (SHOP) a Buy as Wall Street Analysts Look Optimistic?

Shopify has continued an aggressive correction this year, now down more than 20% year to date. Investors are concerned about the company's guidance that calls for decelerating revenue in Q2, but Shopify has usually tended to guide conservatively. The company is noting that price increases for its Standard plan are driving revenue growth, while logo acquisition remains healthy.

Shopify: A Great Dip To Buy (Rating Upgrade)

Gigacloud Tech

Payoneer Global

Finding the best undervalued tech stocks, ones that can outperform the broader market, is no easy task. To start off, there are no guarantees when it comes to picking winning stocks.

3 Undervalued Tech Stocks That Could 5X Your Money in the Next 5 Years

Shopify reported Q1 FY24 earnings in May, where revenue and operating income grew 23% and 144%, given strength in GMV from existing and new merchants, especially B2B and enterprise customers. The company is set to report Q2 FY24 earnings, with expectations of high teens revenue growth and 43% YoY non-GAAP EPS growth. I am particularly optimistic about Shopify's strategy to gain market share in the enterprise customer segment, thus growing its Shopify Plus subscription revenue, along with unlocking operating leverage.

Shopify Q2 Earnings Preview: Don't Ignore The Enterprise Customer Tailwind

Just like Amazon, Shopify has grown its business by leaps and bounds since going public. But there are huge differences between the two business models.

Is Shopify the Next Amazon?

Roku

Roku stands out from the streaming pack with its totally free channels. Shopify's margins are starting to look stronger.

2 Stocks Down 63% to 87% to Buy Right Now

Shopify's (SHOP) recent dip offers a buying opportunity for growth-oriented investors, given its expanding merchant base and strong partner base.

Shopify (SHOP) Loses 10% in a Month: Should You Buy the Dip?

Starbucks

Walmart

Walmart's vast and diverse business helps it generate continued, significant earnings improvement. Starbucks is struggling, but the coffee chain has a plan in place to cut costs and grow its business.

3 Top Growth Stocks to Buy for Less Than $100

Alphabet

Uber

21Vianet Group

Here, we take a sneak peek into how these three internet services stocks - SHOP, UBER and VNET - are poised ahead of their earnings releases.

3 Internet Services Stocks to Beat Earnings Estimates in Q2

Apple

Block

Last week, UBS (NYSE: UBS ) raised its year-end price target for the S&P 500 to 5,900, attributing the increase to a conducive environment for U.S. equities. The Swiss investment bank also introduced a mid-2025 forecast for the index, setting the target at 6,200, signaling confidence in the market's future performance.

Market Movers: 3 Stocks With Bullish Analyst Upgrades Last Week

Coinbase

Identifying top performing stocks early on can unleash significant long-term investment gains. The three stocks I've identified as potential buys for long-term growth investors fit a specific investor profile.

3 Stocks to Buy Before They Go Parabolic: July Edition

Amazon

Time is an asset when investing in the stock market, so finding the best forever stocks can lead to higher long-term gains. After all, investing icon Warren Buffet once famously said, “our favorite holding period is forever.

3 ‘Forever Hold' Stocks for Generational Wealth: July 2024

Lululemon Athletica

On Holding AG

Nike shares are down 60% from their previous peak as the company loses sales momentum in the wake of weak consumer spending trends. Shopify, Lululemon, and emerging shoe brand On Holding are all still posting double-digit sales growth.

Forget Nike: These Stocks Have Greater Long-Term Potential

Shopify's integrated platform is in a class by itself. It's market leadership, product line up and exceptional execution at scale are strong competitive advantages. Its Shopify Plus subscription product should continue to attract large enterprise clients with multichannel storefronts.

News for Shopify Stock (SHOP)