NasdaqGS:SHOPIT
Shopify (SHOP) Margin Compression Challenges Bullish High‑Growth Narratives Ahead Of Q1 2026
Shopify (SHOP) opened 2026 with Q1 results that sit against a year of mixed earnings trends, with trailing 12 month revenue of US$11.6b and EPS of US$0.95, alongside a net profit margin of 10.7% compared with 22.7% a year earlier. Over recent quarters, revenue has moved from US$2.16b in Q3 2024 to US$2.36b in Q1 2025 and then to US$3.67b in Q4 2025, while basic EPS shifted from US$0.64 to a loss of US$0.53 and then to US$0.57. This sets a volatile backdrop for the latest print and leaves...