Core Insights - Shopify's stock price increased over 19%, reaching $151.53, following strong quarterly performance [1] - The company reported a 31% revenue growth in Q2, totaling $2.68 billion, surpassing analyst expectations of $2.5 billion [1] - Growth accelerated across all regions, with Europe showing particularly strong performance, achieving a 42% GMV growth on a constant currency basis [1] Revenue Performance - Q2 revenue reached $2.68 billion, a 31% increase year-over-year [1] - Revenue exceeded analyst expectations, which were set at $2.5 billion [1] Regional Growth - All regions experienced accelerated growth, with notable performance in North America, Europe, and Asia-Pacific [1] - European market demonstrated exceptional strength, with GMV growth of 42% when adjusted for constant currency [1] Business Model Success - Shopify's platform is attracting a diverse range of merchants, from startups to global brands, contributing to the company's overall success [1] - The success of merchants using Shopify is highlighted as a key driver of the company's performance [1]

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Go to CNBC. com. Now.>> Shares of Shopify are soaring after the e-commerce company reported 31% revenue growth in the second quarter. That's amazing. Joining us now first on CNBC to talk more about the company's earnings.And Shopify president Harley Finkelstein. Harley, it's great to have you on the show. It looks like that you are now the largest Canadian stock.>> Well, I didn't I didn't realize that. I mean, look, the results you're seeing today, Jim, are from years of investment and building. And I think ...

每经AI快讯，8月6日，Shopify上涨20%。 ...

Core Insights - Shopify's stock surged over 23%, reaching a high of $156.39, the highest since November 2021 [1] - The company reported a 31% year-over-year revenue growth in Q2, totaling $2.68 billion, surpassing analyst expectations of $2.55 billion [1] - Operating profit for the quarter was $291 million, exceeding the forecast of $247.7 million [1] - For Q3, Shopify anticipates revenue growth of 25% to 30%, compared to the analyst average expectation of 21.54% [1]

Core Viewpoint - Shopify's shares increased by 20% following strong second-quarter results and optimistic third-quarter guidance, indicating robust performance amidst macroeconomic challenges [1][2][3] Financial Performance - Second-quarter sales rose 31% year over year to $2.68 billion, an acceleration from the previous year's 20% growth [1] - Earnings per share were reported at 35 cents adjusted, surpassing the expected 29 cents [4] - Revenue exceeded analyst expectations, with actual figures at $2.68 billion compared to the forecast of $2.55 billion [4] Future Guidance - For the third quarter, Shopify anticipates revenue growth in the "mid-to-high twenties percentage rate," exceeding the 21.7% growth projected by analysts [2] - The company has factored in potential impacts from tariffs into its guidance, which did not materialize as expected [3]

Financial Data and Key Metrics Changes - Shopify reported Q2 revenue of $2.7 billion, up 31% year over year, with a free cash flow margin of 16% [6][10][59] - Gross profit grew 25%, with overall gross margin at 48.6%, down from 51.1% in the prior year [54][56] - Operating income for the quarter was $291 million, representing an 11% operating income margin, compared to 9% last year [58] Business Line Data and Key Metrics Changes - Offline GMV increased by 29%, driven primarily by larger retailers joining the platform [31][49] - Merchant solutions revenue rose by 37%, while subscription solutions revenue grew by 17% [51][52] - GMV in Q2 was $88 billion, up 31%, with North America and Europe showing strong performance [47][48] Market Data and Key Metrics Changes - International GMV was up 42% year over year, with Europe leading the growth [6][36] - Cross-border GMV remained consistent at 15% of total GMV in Q2 [62] - Shopify Payments penetration reached 64%, up from 61% last year [22][51] Company Strategy and Development Direction - Shopify aims to expand its reach across all geographies, particularly in Europe, and is focused on building a unified commerce platform [6][10] - The company is investing in AI and product innovations to enhance the shopping experience and streamline operations for merchants [13][21] - Shopify is committed to supporting entrepreneurs worldwide, with a focus on international expansion and product localization [35][36] Management's Comments on Operating Environment and Future Outlook - Management noted that the merchant base has remained resilient despite macroeconomic challenges, with strong performance continuing into Q3 [60][61] - The company expects Q3 revenue growth in the mid to high 20s year over year, driven by continued growth in merchant solutions [63] - Management highlighted the importance of ongoing investments in product development and marketing to sustain growth [66][68] Other Important Information - Shopify launched several new products, including Universal Cart and CheckoutKit, aimed at enhancing the shopping experience through AI integration [15][93] - The company has expanded its payments product into 16 new countries this year, nearly doubling its market accessibility [22][24] - Shopify Capital is now available in Germany and the Netherlands, providing more merchants with access to growth funding [36][57] Q&A Session Summary Question: How would you characterize the demand in the US and any potential pull forward for consumers? - Management indicated that there has not been a significant pull forward of demand, with consistent performance observed in Q2 and July [70][72] Question: What is the status of international growth and product localization? - Management acknowledged strong international growth, particularly in Europe, and emphasized ongoing efforts to enhance product offerings for international markets [75][78] Question: How does the company view long-term growth potential? - Management expressed confidence in maintaining growth rates above 25% due to past investments and expanding product offerings [82][86] Question: Will Universal Cart and Checkout Kit be available for the holiday season? - Management confirmed ongoing development of these products, aiming for integration into AI platforms to enhance shopping experiences [90][93]

Financial Data and Key Metrics Changes - Shopify reported Q2 revenue of $2.7 billion, up 31% year over year, with a free cash flow margin of 16% [5][8][57] - Gross profit grew 25%, exceeding expectations, with overall gross margin at 48.6%, down from 51.1% in the prior year [52][54] - Operating income for the quarter was $291 million, representing an 11% operating income margin, compared to 9% last year [56] Business Line Data and Key Metrics Changes - GMV in Q2 was $88 billion, up 31%, with offline GMV increasing by 29% [46][29] - Merchant solutions revenue increased by 37%, driven primarily by GMV growth, while subscription solutions revenue grew by 17% [49][50] - The Shop app saw a 140% year-over-year growth in native GMV, indicating strong engagement [26] Market Data and Key Metrics Changes - International GMV was up 42% year over year, with Europe leading the growth [5][34] - Cross-border GMV remained consistent at 15% of total GMV in Q2 [60] - Shopify Payments penetration reached 64%, up from 61% last year, indicating strong adoption [22][49] Company Strategy and Development Direction - Shopify is focused on expanding its reach internationally, particularly in Europe, and enhancing its product offerings to support merchants [5][34] - The company is investing in AI-driven commerce solutions, including the launch of Universal Cart and CheckoutKit, to enhance the shopping experience [12][91] - Shopify aims to build a unified commerce platform that integrates online and offline sales channels [4][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of their merchant base amid changing economic conditions, noting strong performance in both North America and Europe [58][59] - The company anticipates continued growth in Q3, with revenue growth expected in the mid to high 20s year over year [61] - Management highlighted the importance of ongoing product innovation and market expansion as key drivers of future growth [85][86] Other Important Information - Shopify has expanded its payments product into 16 new countries this year, nearly doubling its market accessibility [21] - The company has introduced a USDC stablecoin option for payments, enhancing flexibility for merchants [23] - Shopify's capital business continues to grow, with new tools providing merchants more financing options [55] Q&A Session Summary Question: How would you characterize the demand in the US and any potential pull forward due to tariffs? - Management noted no significant pull forward in demand, with consistent performance observed in Q2 and July, indicating strong business health [69][71] Question: What is the status of international growth and localization for merchants? - Management highlighted ongoing product updates and successful expansion into new countries, with significant growth in international GMV, particularly in Europe [74][76] Question: How does the company view long-term growth potential? - Management expressed confidence in maintaining growth rates above 25%, driven by past investments and new product offerings [81][84] Question: Will Universal Cart and Checkout Kit be available for the holiday season? - Management confirmed ongoing development of these products, emphasizing their importance in enhancing the shopping experience through AI integration [89][91]

Core Viewpoint - Shopify reported strong second-quarter earnings, exceeding market expectations for both revenue and third-quarter guidance, leading to a significant pre-market stock price increase of up to 17% [1]. Financial Performance - Second-quarter revenue grew by 31% year-over-year to $2.68 billion, surpassing analyst expectations of 25% [2]. - Gross Merchandise Volume (GMV) reached $87.84 billion, up from $67.25 billion in the previous year, indicating robust growth across all regions [2]. - Monthly Recurring Revenue (MRR) increased to $185 million from $169 million year-over-year [2]. - Gross profit rose to $1.30 billion, compared to $1.05 billion in the same quarter last year [2]. - Operating income improved to $291 million from $241 million year-over-year [2]. - Free cash flow increased to $422 million, up from $333 million, maintaining a free cash flow margin of 16% [2]. Regional Performance - The company noted accelerated growth in GMV and revenue across North America, Europe, and Asia-Pacific, with Europe showing particularly strong performance, achieving a 42% increase in GMV on a constant currency basis [2]. Future Outlook - Shopify expects third-quarter revenue growth to be in the range of 25%-30%, exceeding analyst expectations of 22% [2]. - Projected gross profit growth is anticipated to be between 20%-25%, also above the market consensus of 17% [2]. - Free cash flow margin is expected to be between 15%-20% [2]. Market Reaction - Following the earnings report and positive outlook, Shopify's stock price rose by 16% in pre-market trading, reaching $147.3 [3].

Group 1: Earnings Performance - Shopify reported quarterly earnings of $0.35 per share, exceeding the Zacks Consensus Estimate of $0.28 per share, and up from $0.26 per share a year ago, representing an earnings surprise of +25.00% [1] - The company posted revenues of $2.68 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 5.47%, compared to year-ago revenues of $2.05 billion [2] - Over the last four quarters, Shopify has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - Shopify shares have increased approximately 19.4% since the beginning of the year, outperforming the S&P 500's gain of 7.1% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [4] - The current consensus EPS estimate for the coming quarter is $0.35 on $2.63 billion in revenues, and $1.40 on $10.86 billion in revenues for the current fiscal year [7] Group 3: Industry Context - The Internet - Services industry, to which Shopify belongs, is currently in the bottom 38% of over 250 Zacks industries, indicating potential challenges [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5] - The favorable estimate revisions trend ahead of the earnings release has resulted in a Zacks Rank 1 (Strong Buy) for Shopify, suggesting expected outperformance in the near future [6]