$SHOP


Shopify soars to a new 52-week high after smashing Q2 estimates Aug. 06, 2025

Shopify (NASDAQ:SHOP) reported revenue jumped 30.7% in Q2 to $2.68 billion to beat the consensus estimate of analysts by $130 million.

The Ottawa-based company reported gross merchandise volume was up 31% to $87.8 billion during the quarter to beat the consensus mark of $81.7 billion. Monthly recurring revenue improved to $185 million from $169 million in the same quarter a year ago. Free cash flow was $422 million, and free cash flow margin was 16% of sales. Operating income was $291 million vs. $248 million consensus. Net income jumped to $906 million from $171 million a year ago.

"Shopify delivered another outstanding quarter, with both GMV and revenue growth rates accelerating in North America, Europe, and Asia Pacific, quarter over quarter. Europe was a particular source of strength, where GMV grew 42% on a constant currency basis," highlighted CFO Jeff Hoffmeister.

Looking ahead, Shopify (NASDAQ:SHOP) sees Q3 revenue growing at a mid-to-high twenties percentage rate on a year-over-year basis. Gross profit dollars are anticipated to grow at a low-twenties percentage rate on a year-over-year basis.

Shares of Shopify (NASDAQ:SHOP) soared 16.2% in premarket action to a new 52-week high of $147.60.
IN-2.75%
FLOW0.69%
NET-6.31%
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