Shopify reports USD 3.58 billion Q2 revenue. Shopify stock is valued at USD 218.7 billion

Published on 10/26/2026 at 16:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue hit USD 3.58 billion, up 33.70 percent year over year. Shopify stock costs EUR 150.99 on October 26, 2026 at Lang & Schwarz.

Q2 growth and valuation

Shopify reported USD 3.58 billion in second-quarter 2026 revenue, up 33.70 percent year over year.
Gross merchandise volume reached USD 115.57 billion in the second quarter of 2026, up 32.00 percent.
Shopify stock costs EUR 150.99 at Lang & Schwarz on October 26, 2026 at 4:36 p.m. CEST.
The Nasdaq quote was USD 168.56, with a market capitalization of USD 218.7 billion and a P/E ratio of 113.17.

SHOP, CA82509L1076, Illustration mit AI erstellt.

Shopify (CA82509L1076) generated USD 3.58 billion in second-quarter 2026 revenue, an increase of 33.70 percent from the prior-year quarter. Yahoo Finance reported the result on October 20, 2026, while the stock was valued at EUR 150.99 at Lang & Schwarz on October 26, 2026 at 4:36 p.m. CEST.

Growth remains concentrated in commerce

Gross merchandise volume reached USD 115.57 billion in the second quarter of 2026, up 32.00 percent year over year. Merchant Solutions revenue rose to USD 2.78 billion, up 37.00 percent, while Subscription Solutions revenue increased 22.00 percent to USD 802.00 million, according to the same Yahoo Finance report.

Nasdaq valuation sets a high bar

On the Nasdaq, Shopify was last quoted at USD 168.56 on October 26, 2026 at 11:42 a.m. ET. Its 52-week range was USD 94.00 to USD 182.19, leaving the quote 7.48 percent below the high. Trading volume stood at 1,713,017 shares.

The Nasdaq valuation was USD 218.7 billion, and the trailing P/E ratio was 113.17 on October 26, 2026. Second-quarter operating income reached USD 488.00 million, compared with USD 291.00 million a year earlier, while net income was USD 1.50 billion.

November 3 is the next reporting date

Shopify lists November 3, 2026 as the date for its third-quarter 2026 financial-results conference call. The coming report will put the second-quarter growth rate against the company outlook for revenue growth in the low thirties.

For investors, the central comparison is growth against valuation. Revenue expanded 33.70 percent in the second quarter, but the trailing P/E ratio stood at 113.17, making execution in the next report especially important for the stock picture.

Price and valuation in view

Shopify stock was trading at EUR 150.99 at Lang & Schwarz on October 26, 2026 at 4:36 p.m. CEST. The Nasdaq quote was USD 168.56 at 11:42 a.m. ET, with the stock 7.48 percent below its 52-week high.

The further course of trading is shown by the continuously updated real-time quote of Shopify stock.