Shopify Inc. (NASDAQ: SHOP) reported its third quarter 2025 earnings results today.
Revenue increased 32% year-over-year to $2.84 billion.
Net income was $264 million, or $0.20 per share, compared to $828 million, or $0.64 per share, last year. Adjusted EPS was $0.34.
Gross merchandise volume increased 30% YoY to $92 billion.
For the fourth quarter of 2025, Shopify expects revenue to grow at a mid-to-high-twenties percentage rate on a year-over-year basis.
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