Every material Form 8-K Shopify has filed with the SEC since December 02, 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Shopify Inc. reported its third-quarter financial results for the period ended September 30, 2026, delivering revenue of $3.74 billion, up 32% year-over-year. Net income reached $462 million, and free cash flow was $816 million with a 22% margin.
Revenue for the quarter ended September 30, 2026, was $3.74 billion, compared to $2.84 billion in the prior-year period.
Gross merchandise volume (GMV) reached $119 billion for the third quarter of 2026.
Operating income rose to $568 million from $343 million in the third quarter of 2025.
For the fourth quarter of 2026, revenue is expected to grow at a low-thirties percentage rate year-over-year.
Shopify reported second-quarter 2026 results for the quarter ended June 30, 2026, with revenue up 34% year over year to $3.58 billion and operating income rising to $488 million from $291 million. Net income of $1.50 billion included a $1.06 billion effect from marking equity investments to market, and excluding that, net income was $439 million. The company also gave third-quarter revenue growth guidance of low-thirties percent and repurchased $1.42 billion of common stock in the quarter.
Revenue of $3.58 billion, up 34% year over year (33% in constant currency); gross profit of $1.71 billion, up from $1.30 billion.
Operating income of $488 million versus $291 million a year earlier; GMV of $115.6 billion, up 32%.
Free cash flow of $654 million, an 18% margin, compared with $422 million and 16% a year earlier.
Q3 2026 outlook: revenue growth in the low-thirties percent range and gross profit growth in the mid-to-high twenties percent range.
Shopify director and Audit Committee Chair Prashanth Mahendra-Rajah resigned from the board effective immediately on July 2, 2026, to take a full-time position with the U.S. Department of Commerce. Board Chair Joe Natale is expected to take over as Audit Committee Chair, which matters to shareholders because the audit committee oversees financial reporting.
Resignation effective immediately, reported July 2, 2026
Mahendra-Rajah had served as Chair of the Audit Committee
He has accepted a full-time position with the U.S. Department of Commerce
Joe Natale, Chair of the Board and Lead Independent Director, is expected to become Audit Committee Chair
At its June 16, 2026 annual meeting, Shopify shareholders elected all 10 director nominees and reappointed PricewaterhouseCoopers LLP as auditors. A non-binding advisory vote approved the company's executive compensation approach, while a shareholder proposal on an artificial intelligence policy was not approved. The votes are routine governance outcomes and do not change the company's reported financial results.
All 10 director nominees were elected; Joseph Natale received the lowest support at 90.45% of votes.
PricewaterhouseCoopers LLP was reappointed as auditors, with 99.42% of votes cast in favor.
The non-binding say-on-pay vote passed with 81.24% for and 18.76% against.
The artificial intelligence policy shareholder proposal failed, with 13.86% for and 86.14% against.
Shopify's Board of Directors authorized an additional $3 billion for repurchases of Class A subordinate voting shares, bringing the aggregate authorization to $5 billion. As of June 1, 2026, the company had repurchased about $1.45 billion under its current authorization, and purchases under the increased program are set to begin June 8, 2026.
Shopify filed its Notice of 2026 Annual General Meeting and Management Information Circular, dated April 21, 2026, as Exhibit 99.1 to this Form 8-K. Shareholders will vote on 10 director nominees, the reappointment of PricewaterhouseCoopers LLP, a non-binding advisory vote on executive compensation, and a shareholder proposal that the board recommends voting against. The filing is administrative and does not report financial results.
The annual meeting will be held virtually on June 16, 2026 at 10:30 a.m. Eastern Time.
The proxy deadline is June 12, 2026 at 10:30 a.m. Eastern Time.
Jeanne DeWitt Grosser is a new director nominee; the board recommends voting FOR each nominee and AGAINST the shareholder proposal.
Shopify reported first-quarter 2026 results for the quarter ended March 31, 2026, with revenue of $3.17 billion, up 34% from $2.36 billion a year earlier, and operating income of $382 million versus $203 million. The company also gave second-quarter 2026 guidance calling for revenue growth in the high-twenties percent range year over year, which signals continued expected growth for shareholders.
Revenue of $3.17 billion, up from $2.36 billion; gross merchandise volume was $100.7 billion versus $74.75 billion
Operating income of $382 million versus $203 million; free cash flow of $476 million, a 15% margin
Net loss of $581 million versus $682 million; net income excluding equity investments was $360 million versus $226 million
Q2 2026 outlook: revenue growth in the high-twenties percent range; free cash flow margin in the mid-teens; the company repurchased $491 million of common stock in Q1
Shopify reported fourth-quarter 2025 revenue of $3.67 billion, up 31% from a year earlier, and full-year revenue of $11.56 billion, up 30%. Operating income rose to $631 million from $465 million, while reported net income fell to $743 million from $1.29 billion, which the company ties to equity investment valuations. The board also authorized a repurchase of up to $2.0 billion of Class A subordinate voting shares, effective February 17, 2026.
Q4 2025 revenue $3.67 billion, up 31% from $2.81 billion; full-year revenue $11.56 billion, up 30%
Q4 operating income $631 million versus $465 million; reported net income $743 million versus $1.29 billion, with net income excluding equity investments at $594 million versus $458 million
Buyback of up to $2.0 billion takes effect February 17, 2026, has no fixed expiration and is capped at 5% of Class A shares; Q1 2026 revenue growth expected in the low-thirties percent range
Shopify said merchants on its platform recorded $14.6 billion in sales over the 2025 Black Friday-Cyber Monday weekend, up 27% from 2024 (24% on a constant currency basis). The company described the figures as approximate and unaudited, and noted that the methodology changed from the prior year, so the comparison is not direct.
Global merchant sales of $14.6 billion, up 27% year over year; 24% on a constant currency basis
81+ million customers bought from Shopify-powered brands; 15,800+ entrepreneurs made their first sale
Peak sales of $5.1 million per minute at 12:01 p.m. EST on Black Friday
Data is unaudited and approximate; 2024 package counts were restated under the new methodology
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Shopify filing is on SEC EDGAR ↗. 8-K briefs of other companies →