Core Insights - Analysts project Shopify (SHOP) will report quarterly earnings of $0.50 per share, reflecting a 13.6% year-over-year increase, with revenues expected to reach $3.58 billion, a 27.3% increase from the same quarter last year [1] Revenue Estimates - 'Revenues- Merchant solutions' are estimated to be $2.80 billion, indicating a 30.5% increase from the prior-year quarter [4] - 'Revenues- Subscription solutions' are projected to reach $777.54 million, reflecting a 16.8% increase from the same quarter last year [4] Gross Merchandise Volume and Recurring Revenue - Analysts estimate 'Gross Merchandise Volume (GMV)' will be $119.96 billion, compared to $94.46 billion a year ago [5] - The estimated 'Monthly Recurring Revenue (MRR)' is $199.05 million, up from $178.00 million in the same quarter last year [5] Gross Profit Estimates - 'Gross Profit- Merchant solutions' is forecasted at $1.03 billion, compared to $820.00 million from the previous year [6] - 'Gross Profit- Subscription solutions' is expected to reach $633.57 million, up from $532.00 million in the same quarter last year [6] Stock Performance - Over the past month, Shopify shares have decreased by 33.9%, while the Zacks S&P 500 composite has only decreased by 1.5% [6] - Currently, Shopify holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [6]

Core Insights - Shopify reported $2.36 billion in revenue for Q1 2025, a year-over-year increase of 26.8% [1] - The EPS for the same period was $0.25, compared to $0.20 a year ago, with a surprise of -3.85% against the consensus estimate of $0.26 [1] Revenue and Earnings Performance - The reported revenue exceeded the Zacks Consensus Estimate of $2.33 billion by 1.32% [1] - Year-over-year revenue growth was driven by Merchant solutions revenue of $1.74 billion, up 28.9%, and Subscription solutions revenue of $620 million, up 21.3% [4] Key Metrics - Gross Merchandise Volume (GMV) was reported at $74.75 billion, slightly above the estimated $74.66 billion [4] - Monthly Recurring Revenue (MRR) reached $182 million, exceeding the estimate of $179.99 million [4] - Gross Profit for Merchant solutions was $672 million, surpassing the average estimate of $657.22 million, while Subscription solutions gross profit was $497 million, below the estimate of $543.90 million [4] Stock Performance - Shopify shares returned +3.4% over the past month, underperforming the Zacks S&P 500 composite's +11.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]