Shopify revenue +33.7% to $3.58B, net income +65.8% to $1.50B; $5B buyback authorized

Filed August 5, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~1 min read

Key Changes

• high

  Total revenue grew 33.7% to $3.58B, with GMV up 33% to $216.3B and MRR up 19% to $221M.

  MD&A: Revenue & GMV verify on EDGAR →
• high

  Net income rose 65.8% to $1.50B, and diluted EPS rose 68.1% to $1.16, driven by operating leverage and investment gains.

  MD&A: Net income verify on EDGAR →
• high

  Board authorized a $5B share repurchase program ($2B in Q1, $3B added in Q2); $1.4B repurchased in Q2, $3.1B remaining.

  MD&A: Buyback verify on EDGAR →