Shopify Inc. reported financial results for the quarter ended June 30, 2026, on August 5, 2026. The company achieved $3,583 million in revenue, representing 34% year-over-year growth, and generated $1,502 million in net income. Gross profit reached $1,708 million, while free cash flow totaled $654 million with an 18% margin. Gross Merchandise Volume (GMV) grew to $115,567 million, up from $87,837 million in the prior year period. The company also announced a share repurchase of $1,420 million during the quarter and provided Q3 2026 guidance expecting revenue growth in the low-thirties percentage range. Shopify Inc. provides internet infrastructure and an all-in-one commerce platform for businesses to sell online, in-store, and across various channels.

Prashanth Mahendra-Rajah resigned from Shopify Inc.'s Board of Directors and the Audit Committee Chair position effective July 2, 2026, to accept a position with the U.S. Department of Commerce. Joe Natale, the current Board Chair and Lead Independent Director, will assume the role of Audit Committee Chair. Shopify Inc. operates in the e-commerce platform industry providing software for merchants to manage online and offline sales.