Shopify (NASDAQ: SHOP) reported Q2 EPS of $0.42, $0.02 better than the analyst estimate of $0.40. Revenue for the quarter came in at $3.58 billion versus the consensus estimate of $3.45 billion.

2026 Outlook

• The outlook that follows supersedes all prior financial outlook statements made by Shopify, constitutes forward-looking information within the meaning of applicable securities laws, is based on a number of assumptions, and is subject to a number of risks. Actual results could vary materially as a result of numerous factors, including certain risk factors, many of which are beyond Shopify’s control. Please see "Forward-looking Statements" at the end of this press release.
• For the third quarter of 2026, we expect:
• •Revenue to grow at a low-thirties percentage rate on a year-over-year basis;
• •Gross profit dollars to grow at a mid-to-high twenties percentage rate on a year-over-year basis;
• •Operating expenses as a percentage of revenue to be 33% to 34%;
• •Stock-based compensation to be $150 million; and
• •Free cash flow margin to be in the high-teens to low-twenties.
  

For earnings history and earnings-related data on Shopify (SHOP) click here.