Shopify reports Q1 revenue up 34% YoY to $3.2B, above est., GMV up 34% YoY to $100B, and forecasts weaker Q2 revenue growth; SHOP falls 11%+ pre-market (Ignacio Gonzalez/Bloomberg)
Shopify reported Q1 revenue of $3.2 billion, a 34% year-over-year increase and above estimates, with gross merchandise volume (GMV) also rising 34% to $100 billion. Despite strong quarterly performance, the company forecasted weaker revenue growth for Q2. Shares of Shopify fell over 11% in pre-market trading following the outlook.
- ▪Shopify's Q1 revenue reached $3.2 billion, up 34% year-over-year and above analyst estimates.
- ▪The company's gross merchandise volume (GMV) grew 34% year-over-year to $100 billion in Q1.
- ▪Shopify forecasted weaker revenue growth for Q2, contributing to an over 11% drop in its stock price in pre-market trading.
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About This Page This is a Techmeme archive page. It shows how the site appeared at 7:50 AM ET, May 5, 2026. The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated. From Mediagazer Ren LaForme / Poynter: 2026 Pulitzer Prize winners: WaPo for Public Service for its DOGE coverage, The Minnesota Star Tribune for Breaking News, and AP for International Reporting Lillian Rizzo / CNBC: Paramount reports Q1 revenue up 2% YoY to $7.35B, above $7.28B est., DTC revenue up 11% YoY to $2.4B, and Paramount+ subscribers up 700K QoQ to 79.6M Gene Maddaus / Variety: Blake Lively and Justin Baldoni settle their legal battle over the 2024 film It Ends With Us, avoiding a federal trial that was scheduled to begin…
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