SHOPIFY INC. 2026: Revenue $3.58B, EPS $1.16— 10-Q Summary

SHOPIFY INC. reported quarterly results for 2026 with revenue rising to $3.58B and diluted EPS of $1.16, versus $2.68B and $0.69 a year earlier, as net income increased to $1.5B from $906M.Financial Highlights¹ Reported as “Revenues”. ² Reported as “Net income”. ³ Reported as “Diluted income per sh…

SHOPIFY INC. reported quarterly results for 2026 with revenue rising to $3.58B and diluted EPS of $1.16, versus $2.68B and $0.69 a year earlier, as net income increased to $1.5B from $906M.

Financial Highlights

MetricCurrent quarterPrior year quarterYoY change

Revenue¹$3.58B$2.68B33.7%

Net income²$1.5B$906M65.8%

Diluted EPS³$1.16$0.6968.1%

¹ Reported as “Revenues”. ² Reported as “Net income”. ³ Reported as “Diluted income per share attributable to shareholders”.

Business Highlights

Revenue growth was broad-based: total six-month revenue rose 34% Y/Y to $6.8B, driven by 22% growth in subscription solutions and 38% growth in merchant solutions.
Merchant solutions now represent a larger share of revenue (77%, up from 75%), supported by higher Shopify Payments penetration and a favorable GMV mix.
Platform Gross Merchandise Volume (GMV) accelerated to $216.3B, up 33% Y/Y; monthly recurring revenue grew 19% to $221M with more merchants on higher-tier plans.
Investment in cloud infrastructure and AI increased R&D and subscription cost of revenues as usage grew.
Expanded payments, lending and partner programs boosted transaction volumes and drove higher lending losses as these offerings scaled.

Original SEC Filing:

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