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1、1Internet,Everywhere-November 4,2025-Shopify Inc.(NASDAQ,TSX:SHOP)announced today financial results for the quarter ended September 30,2025.Shopify achieved 32%revenue growth and 18%free cash flow margin,marking nine consecutive quarters of double-digit free cash flow margins.Harley Finkelstein,Pres

2、ident of Shopify said,“We build.We ship.We grow.Thats the model-and its running at full speed.From entrepreneurs making their very first sale on Shopify every 26 seconds,to global icons like Este Lauder,were powering growth across the full spectrum of commerce.That scale fuels relentless momentum:GM

3、V up 32%,revenue up 32%,free cash flow margin at 18%.Retails busiest season is here,and,as always,Shopify merchants are built for it.”“Our third quarter results show whats possible when merchant ambition and success meet Shopifys disciplined execution,”said Jeff Hoffmeister,Chief Financial Officer o

4、f Shopify.“Were not just growingwere delivering consistent growth and profitability,quarter after quarter.Q3 was a standout quarter with revenue growth and free cash flow margins both surpassing our robust Q2 performance.”(1)See endnotes below for definitions of GMV and MRR and additional informatio

5、n on free cash flow and free cash flow margin,which are non-GAAP financial measures and are reconciled to the comparable GAAP measures in the non-GAAP reconciliation at the end of this press release.Shopify Beats Across the Board:Q3 Shows Growth,Efficiency,Brand Wins Three months endedSeptember 30,2

6、025September 30,2024GMV92,01369,715MRR193175Revenue2,8442,162Gross profit1,3911,118Operating income343283Free cash flow507421YoY revenue growth rate32%26%Free cash flow margin18%19%Selected Business Performance Information(1)(In US$millions,except percentages)22025 OutlookThe outlook that follows su