SHOP
Shopify Inc.163.14
+3.29+2.06%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
212.38BP/E (TTM)
120.84Basic EPS (TTM)
1.35Dividend Yield
0%Recent Filings
8-K
8-K
10-Q
8-K
Shopify COO departs soon
Shopify's Chief Operating Officer and Vice President of Product, Kaz Nejatian, is departing on September 12, 2025, after six years of key contributions to the founder-led commerce firm. The executive team, boasting deep experience, will absorb his duties for a seamless transition. No successor named yet. This shift tests internal bench strength amid ongoing operations.
10-Q
Q2 FY2025 results
Shopify's Q2 revenue surged 31% year-over-year to $2.7B, fueled by 37% growth in merchant solutions to $2.0B amid 31% higher GMV of $87.8B, while subscription solutions rose 17% to $656M on stronger MRR. Gross margin dipped to 49% from 51% as lower-margin payments scaled, yet operating income climbed 21% to $291M with expenses up 26% to $1.0B, driven by marketing and R&D investments. Diluted EPS hit $0.69, aligning with 1.3B shares; net income ballooned to $906M on a $681M unrealized investment gain, versus $171M last year. Cash from operations reached $428M, bolstering $1.5B cash and $4.3B marketable securities, with $919M in convertible notes due 2025. Acquired Vantage in March for $59M cash, adding $39M goodwill and $20M intangibles over three years to boost AI search. Volatility in equity investments persists as a key risk.
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