# Shopify topped market estimates for quarterly revenue.

*business · news · 2026-05-05 · MarketScreener*

## Key points

- Shopify's quarterly revenue rose 34% to $3.17 billion, beating analyst estimates.
- Shopify's second-quarter guidance matched market expectations, causing a premarket share dip of about 2%.
- Shopify clients, notably small- and medium-sized retailers, are limiting spending due to Middle East conflict-induced cost surges.
- U.S. consumer confidence unexpectedly rebounded in March, despite ongoing geopolitical tensions and tariff pressures.

**Companies:** Shopify, Mastercard, Visa
**Countries:** Canada, United States, Iran

[Read the full story on MarketScreener](https://www.marketscreener.com/news/canada-s-shopify-tops-quarterly-revenue-estimates-ce7f58dcd98cf22d)

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