Shopify (SHOP) Earnings: Results, Guidance and Stock Reaction
Shopify's latest report was Q3 2026 on November 3, 2026 (before the open): Mixed: EPS beat, GMV miss, and the stock moved -7.8% on it. Below: the numbers vs Wall Street, then every quarter we've explained in plain English.
Latest: Q3 2026 vs consensus
| Metric | Reported | Consensus | Result |
|---|---|---|---|
| Adjusted EPS | $0.49 | $0.47 (FactSet/Investing.com) | Beat |
| Revenue | $3.74B (+32% y/y) | $3.74B | In line |
| GMV | $119.15B (+~30%) | $120.08B | Miss |
| Subscription revenue | $836M (+~20%) | $850.2M | Miss |
| Q4 revenue guidance | Low-30s % growth y/y | ~$4.76B consensus (TipRanks) | Roughly in line |
Full SHOP Q3 2026 explainer: what mattered, the reaction and Max's verdict →
Every Shopify report we've explained
- Q3 2026 (November 3, 2026, before the open): Mixed: EPS beat, GMV miss · stock -7.8% after
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FAQ
Did Shopify (SHOP) beat earnings last quarter?
In Q3 2026, reported November 3, 2026, Shopify came in Mixed: EPS beat, GMV miss. Adjusted EPS: $0.49 vs $0.47 (FactSet/Investing.com); Revenue: $3.74B (+32% y/y) vs $3.74B; GMV: $119.15B (+~30%) vs $120.08B.
When did Shopify last report earnings?
Shopify reported Q3 2026 results on November 3, 2026, before the open.
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