---
schema_version: "secwatch.filing_event.v1"
accession: "0001594805-25-000072"
form_type: "8-K"
ticker: "SHOP"
cik: "0001594805"
company_name: "SHOPIFY INC."
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:35:23.835587+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shopify Q2 revenue $2.68B (+31% YoY), GMV $87.8B, FCF margin 16%

## Summary
- Revenue of $2.68B up 31% YoY; operating income $291M vs $241M a year ago.
- GMV $87.8B, up from $67.2B; Europe GMV grew 42% constant currency.
- Free cash flow $422M, margin 16% (eighth consecutive quarter double-digit).
- Monthly Recurring Revenue (MRR) $185M, up from $169M YoY.
- President cites innovation and CFO notes accelerating growth in NA, Europe, APAC.

## SEC filing metadata
- accession: 0001594805-25-000072
- form_type: 8-K
- ticker: SHOP
- cik: 0001594805
- company_name: SHOPIFY INC.
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1594805/000159480525000072/0001594805-25-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1594805/000159480525000072/shop-20250806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001594805-25-000072
- JSON: https://secwatch.observer/filing/0001594805-25-000072.json
- Plain text: https://secwatch.observer/filing/0001594805-25-000072.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.