Business · Companies · 1 hr ago
Shopify reports US$462 million third-quarter profit as revenue rises
Shopify reported US$462 million in net income for the quarter ended Sept.
30.
The e-commerce company’s profit was up from US$264 million in the same quarter a year earlier.
Revenue rose more than 30 per cent, reaching US$3.74 billion compared with US$2.84 billion a year ago.
Subscription solutions brought in US$836 million, while merchant solutions generated US$2.91 billion.
Both revenue streams grew compared with the third quarter of 2025.
Shopify expects revenue growth in the low thirties year over year in its fourth quarter.
Shopify reported US$462 million in net income for the third quarter, up from US$264 million a year earlier.
Revenue rose more than 30 per cent to US$3.74 billion from US$2.84 billion.
Profit was 36 US cents per diluted share, compared with 20 US cents a year earlier.
Adjusted profit was 49 US cents per diluted share, up from 34 US cents in the third quarter of 2025.
Shopify expects fourth-quarter revenue to grow at a low-thirties percentage rate year over year.
- Who
- Shopify Inc.
- What
- The company reported US$462 million in third-quarter net income as revenue rose more than 30 per cent.
- When
- The quarter ended Sept. 30. The results were reported on Nov. 3, 2026.
- Where
- Not stated
- Why
- Not stated
This story does not have two clearly opposing sides.
Shopify’s third quarter ended.
Shopify reported its third-quarter results.
- Net income
- US$462 million, compared with US$264 million a year earlier
- Revenue
- US$3.74 billion, compared with US$2.84 billion a year earlier
- Profit per diluted share
- 36 US cents, compared with 20 US cents a year earlier
- Adjusted profit per diluted share
- 49 US cents, compared with 34 US cents in the third quarter of 2025
- Fourth-quarter outlook
- Revenue expected to grow at a low-thirties percentage rate year over year