Shopify Inc Registered Shs -A- Subord Vtg

SHOP: XNAS (USA)

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Shopify Earnings: Another Good Quarter Is No Match for AI Fears

Dan Romanoff

Feb 11, 2026

Shopify's fourth-quarter results exceeded both the company's outlook and FactSet consensus estimates. Revenue grew 31% year over year to $3.67 billion, while non-GAAP operating margin was 20.6%. Near-term guidance indicates that recent trends are expected to generally persist.

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Shopify Inc Registered Shs -A- Subord Vtg

Shopify Earnings: Another Good Quarter Is No Match for AI Fears

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