business / news / / Benzinga
The company's quarterly revenue growth of 34.32% year-over-year (Y/Y) to $3.17 billion beat the analyst consensus estimate.
Shopify's gross merchandise volume exceeded $100 billion, with 30% growth in constant currency terms.
KEY POINTS
- Merchant solutions revenue grew 39.08% year-over-year, significantly outpacing subscription solutions revenue growth.
- Free cash flow margin remained steady year-over-year at 15%, despite high revenue and profit growth.
- Shopify forecasts second-quarter 2026 revenue of up to $3.457 billion, above current analyst consensus.
COMPANIES
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