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Shopify reports Q3 revenue of $3.74B, up 32%, and free cash flow margin of 22%

SHOPShopify Inc.

Shopify Inc. reported financial results for the quarter ended September 30, 2026, announcing revenue of $3.74 billion, a 32% increase from the prior year period. The company achieved a gross profit of $1.78 billion and operating income of $568 million. Free cash flow reached $816 million, resulting in a free cash flow margin of 22%, up from 18% in the previous year. Gross merchandise volume (GMV) totaled $119.1 billion. The company also provided fourth-quarter 2026 guidance, expecting revenue to grow at a low-thirties percentage rate and operating expenses as a percentage of revenue to be between 29% and 30%. Shopify Inc. provides essential internet infrastructure for commerce through an all-in-one platform that enables businesses to start, run, and grow sales online, in-store, and everywhere in between.

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