Revenue Growth Accelerates
Revenue rose 33.7% to $3.583 billion, driven by strong merchant growth and higher GMV, though specific drivers were not disclosed in provided data.
SHOPIFY INC. is expected to release its Q3 2026 10-Q filing on November 2, 2026, before market open. Last quarter: Shopify's Q2 FY2026 revenue grew 34% and operating income doubled, but net income was heavily boosted by non-operating gains, while the company spent $1.42 billion on buybacks.
EPS Estimate
$0.44
Revenue Estimate
$3.66B
Analyst consensus from Finnhub and Financial Modeling Prep. Actual results posted within minutes of the SEC filing on the SHOP page.
Drawn from management commentary in the Q2 2026 10-Q:
Revenue rose 33.7% to $3.583 billion, driven by strong merchant growth and higher GMV, though specific drivers were not disclosed in provided data.
Operating income increased 67.7% to $488 million, as operating expenses grew more slowly than revenue, highlighting improving efficiency.
Net income reached $1.502 billion, far exceeding operating income, primarily due to a $1.014 billion net benefit from non-operating items, likely including investment gains.
Revenue
$3.58B
+33.69% YoY
EPS (Diluted)
$1.16
+68.12% YoY
Gross Margin
47.7%
-0.9 pts YoY
Operating Income
$488M
+67.70% YoY
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