About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Core Viewpoint - Shopify Inc reported strong fiscal first-quarter results with a revenue growth of 26.8% to $2.36 billion, surpassing analyst expectations, although adjusted EPS of $0.25 fell slightly short of the consensus estimate [1][2]. Financial Performance - Quarterly revenue increased by 26.8% to $2.36 billion, exceeding the analyst consensus estimate of $2.33 billion [1]. - Adjusted EPS rose by 25% to $0.25, but missed the analyst consensus estimate of $0.26 [1]. - Gross merchandise volume (GMV) grew by 22.8% to $74.75 billion, while merchant solutions revenue increased by 28.9% to $1.74 billion [2]. Market Trends and Guidance - The second-quarter guidance anticipates continued strength in GMV, projecting mid-20s revenue growth and high-teens gross profit growth [4]. - Analysts noted that Shopify's GMV multiplier as a percentage of U.S. eCommerce growth remains strong, indicating potential market share gains even amid a slowdown in U.S. eCommerce growth [7]. International Expansion - Shopify is benefiting from the globalization of commerce, with significant market share gains abroad, particularly in the North American market [6]. - Cross-border trade constitutes 15% of GMV, with 1% of overall GMV related to imports from China [9]. Analyst Ratings and Price Targets - Piper Sandler maintains a Neutral rating with a price target of $104, while Goldman Sachs holds a Buy rating with a revised price target of $120, down from $130 [11]. Margin Insights - Free cash flow margins are expected to remain in the mid-teens range, with a decline in these margins viewed negatively [5]. - Pressure on gross margins is anticipated in 2025 due to various factors, including the PayPal partnership and the impact of longer paid trial lengths [12].

Core Insights - Shopify reported first-quarter 2025 non-GAAP earnings of 25 cents per share, missing the Zacks Consensus Estimate by 3.85%, but showing a 25% increase year over year [1] - Revenues reached $2.36 billion, surpassing the Zacks Consensus Estimate by 1.32%, and reflecting a 26.8% year-over-year growth [1] - Following the earnings report, Shopify shares declined by 2%, with an 11.6% year-to-date drop, compared to a 9.1% decline in the Zacks Computer and Technology sector [1] Revenue and Growth - Gross Merchandise Volume (GMV) for the first quarter was $74.75 billion, up 22.8% year over year, driven by same-store sales growth, an increase in merchants, and strong performance in Europe [2] - Merchant solutions revenues were $1.74 billion, accounting for 73.7% of total revenues, with a year-over-year increase of 29% [3] - Subscription solutions revenues reached $620 million, making up 26.3% of total revenues, and increased by 21.3% year over year [4] Profitability and Expenses - Gross profit for the first quarter was $1.17 billion, a 22.2% increase year over year, with Merchant Solutions' gross profit growing by 24% [6] - Total operating expenses were $966 million, up 10.9% year over year, but as a percentage of revenues, they decreased by 590 basis points to 40.9% [6] - Adjusted operating income was reported at $329 million, reflecting a significant year-over-year increase of 63.7% [8] Cash Flow and Balance Sheet - As of March 31, 2025, cash and cash equivalents totaled $5.51 billion, slightly up from $5.48 billion at the end of 2024 [9] - Free cash flow increased by 56.5% year over year to $363 million, with a free cash flow margin expanding by 100 basis points to 15% [9] Future Guidance - For Q2 2025, Shopify anticipates revenue growth in the mid-twenties percentage range year over year, with gross profit expected to grow at a high-twenties percentage rate [10] - The Zacks Consensus Estimate for Q2 2025 revenues is $2.49 billion, indicating a 21.92% growth from the previous year [11]

Core Insights - Shopify's gross merchandise volume (GMV) increased by 22% to $74.8 billion, indicating strong overall growth [1][4] - The company is enhancing its managed markets products to help merchants navigate tariff uncertainties, with new features like duties calculation at checkout [1][6] - Shopify Payments achieved a GMV penetration of 64%, and the rapid checkout feature, Shop Pay, processed $22 billion in GMV, growing 57% year over year [2][7][8] Financial Performance - Revenues rose by 27% to $2.4 billion, with GMV growth driven by same-store sales and an expanding merchant base [4][9] - Offline GMV increased by 23%, while B2B GMV saw a remarkable growth of 109% compared to the previous year [5] - The company anticipates mid-20% revenue growth for the current quarter, although gross dollar profit growth is expected to lag behind revenue growth due to lower margin payment products [10] Market Trends and Strategies - Shopify is actively monitoring the impact of the current trade environment, with no significant evidence of slowdowns as of April [4][11] - The company plans to introduce duty inclusive pricing to provide transparent pricing for international sales [7] - There is notable strength in specific categories such as health and beauty, home and garden, and food and beverage, particularly in Europe, which grew by 36% [9][10]

Shopify Inc (NASDAQ:SHOP) is down 3.5% to trade at $91.20 at last check, after the e-commerce name issued disappointing guidance, citing tariff uncertainty. The company also reported first-quarter profits of 25 cents per share -- in line with estimates -- as well as revenue beat. Analysts have yet to chime in, despite the majority leaning bullish. Of the 45 in coverage, 28 call Shopify stock a "buy" or better, while its 12-month consensus target price of $117.87 is a 28.5% discount to current levels. In oth ...

Shopify (SHOP) reported $2.36 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 26.8%. EPS of $0.25 for the same period compares to $0.20 a year ago.The reported revenue represents a surprise of +1.32% over the Zacks Consensus Estimate of $2.33 billion. With the consensus EPS estimate being $0.26, the EPS surprise was -3.85%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...

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 ...

The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018.Shares of Shopify dipped more than 5% in early trading on Thursday after the company posted mixed first-quarter results and issued soft guidance for the current period.Here's how the company did:Revenue: $2.36 billion vs. $2.33 billion expected by LSEGEarnings per share: 39 cents adjusted vs. 26 cents expected by LSEGFor the second quarter, Shopify said it expects gross profit to grow at a high-teens percenta ...

Shopify (SHOP) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.85%. A quarter ago, it was expected that this cloud-based commerce company would post earnings of $0.44 per share when it actually produced earnings of $0.44, delivering no surprise.Over the last four quarters, the comp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________ Form 10-Q ___________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ ___________________________ ___________________________ Shopify Inc. (Exact name of re ...