Shopify (SHOP) reported $3.67 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 30.6%. EPS of $0.46 for the same period compares to $0.44 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.58 billion, representing a surprise of +2.55%. The company delivered an EPS surprise of -8.69%, with the consensus EPS estimate being $0.50.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Shopify performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Gross Merchandise Volume (GMV): $123.84 billion versus the seven-analyst average estimate of $119.96 billion.
- Monthly Recurring Revenue (MRR): $205 million versus $199.05 million estimated by four analysts on average.
- Revenues- Merchant solutions: $2.9 billion versus the 11-analyst average estimate of $2.8 billion. The reported number represents a year-over-year change of +34.9%.
- Revenues- Subscription solutions: $777 million versus the 11-analyst average estimate of $777.54 million. The reported number represents a year-over-year change of +16.7%.
- Gross Profit- Merchant solutions: $1.06 billion compared to the $1.03 billion average estimate based on seven analysts.
- Gross Profit- Subscription solutions: $629 million compared to the $633.57 million average estimate based on seven analysts.
View all Key Company Metrics for Shopify here>>>
Shares of Shopify have returned -24% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Shopify Inc. (SHOP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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