SHOP
Shopify Inc.
Shopify (SHOP) Q2 2026 earnings
Published Aug 5, 2026
AI summary
- Revenue $3.58B, up 34% from $2.68B a year ago.
- Shopify reported second-quarter revenue of $3.58 billion, representing a 34% increase year-over-year.
- Gross profit rose to $1.71 billion, driven by strong growth in both subscription and merchant solutions.
- The company achieved an 18% free cash flow margin, up from 16% in the same period last year.
- Management expects revenue to grow at a low-thirties percentage rate for the third quarter of 2026.
Results vs analyst consensus
Revenue
Reported
$3.58B
Consensus not captured before release
+34% YoY
EPS
Not reported in this release.
Consensus: Yahoo Finance · Q2 2026
Revenue display rounded; difference uses exact result.
Next quarter outlook
No guidance in this release.
What to watch
- Starting in April 2026, cash flows from merchant cash advances are now classified as investing activities.
- The company noted that results are subject to risks and factors beyond its control.
Read original report
Source: Shopify Inc. press release · SEC Form 8-K exhibit 99.1