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Form 8-K · Current Report · Filed 2026-05-05

Shopify Reports Strong Q1 2026 Financial Results

Shopify Inc. announced its financial results for the quarter ended March 31, 2026, reporting a 34% year-over-year revenue growth to $3.17 billion. The company achieved a 15% free cash flow margin and generated over $100 billion in Gross Merchandise Volume (GMV) for the quarter. Shopify expects continued growth in the second quarter of 2026, with revenue anticipated to grow at a high-twenties percentage rate and gross profit dollars at a mid-twenties percentage rate. The company also provided an outlook for operating expenses, stock-based compensation, and free cash flow margin for the next quarter.

Filer
Shopify Inc. SHOP · NYSE
Filed
Accession
0001594805-26-000018
CIK
0001594805
Signal
Medium impactTechnology

Items reported

Item events

Reported Item

Earnings Beat General Statement

Market reaction

Close before filing

$127.55

Next session

-17.3%

Since filing

-8.2%

Latest close

$117.15

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from SHOP reporting the same item, with the next session's move:

About Shopify Inc.

Shopify Inc. is a leading e-commerce platform provider that enables individuals and businesses to set up online stores and manage their sales operations. Its primary function is to simplify the process of selling products online by offering a comprehensive suite of tools that includes inventory management, payment processing, and shipping solutions. Shopify serves a wide range of sectors, catering to small and medium-sized enterprises as well as large-scale businesses seeking a streamlined online retail presence. Notable features of the platform include customizable storefronts, integration with social media channels, and access to an app store that offers additional functionalities to enhance business operations. Based in Ottawa, Canada, since its founding in 2006, Shopify has played a pivotal role in the digital transformation of retail, supporting merchants globally in scaling their operations and reaching broader customer bases. Its significance in the market is underscored by its reputation for reliability and its position as a catalyst in the e-commerce ecosystem.

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