Shopify (SHOP) reported $2.36 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 26.8%. EPS of $0.25 for the same period compares to $0.20 a year ago.
The reported revenue represents a surprise of +1.32% over the Zacks Consensus Estimate of $2.33 billion. With the consensus EPS estimate being $0.26, the EPS surprise was -3.85%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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): $74.75 billion versus $74.66 billion estimated by seven analysts on average.
- Monthly Recurring Revenue (MRR): $182 million versus $179.99 million estimated by five analysts on average.
- Revenues- Merchant solutions: $1.74 billion compared to the $1.71 billion average estimate based on 14 analysts. The reported number represents a change of +28.9% year over year.
- Revenues- Subscription solutions: $620 million versus $621.22 million estimated by 14 analysts on average. Compared to the year-ago quarter, this number represents a +21.3% change.
- Gross Profit- Merchant solutions: $672 million compared to the $657.22 million average estimate based on nine analysts.
- Gross Profit- Subscription solutions: $497 million versus $543.90 million estimated by nine analysts on average.
View all Key Company Metrics for Shopify here>>>
Shares of Shopify have returned +3.4% over the past month versus the Zacks S&P 500 composite's +11.3% 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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