secwatch.observer — SEC 8-K summary
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Issuer:     SHOPIFY INC. (SHOP)
CIK:        0001594805
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001594805-26-000018
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shopify Q1 2026: Revenue up 34% YoY to $3.17B; GMV surpasses $100B
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- Revenue of $3.17B, up 34% YoY; gross profit $1.546B, up 32%.
- GMV of $100.7B, first time above $100B in a single quarter (up 35% from $74.8B YoY).
- Operating income $382M vs. $203M last year; free cash flow $476M, 15% margin.
- MRR increased to $212M from $182M YoY, reflecting subscription growth.
- Management cites broad-based growth across geographies, merchant sizes, and channels.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1594805/000159480526000018/0001594805-26-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1594805/000159480526000018/shop-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001594805-26-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer