Shopify reports Q3 revenue up 32% YoY to $2.84B, vs. $2.76B est., GMV up 32% YoY to $92B, and expects Q4 revenue up in the mid-to-high 20% range, vs. 23.4% est. (Deborah Sophia/Reuters)

TechmemeTuesday, November 4, 2025 at 12:30:01 PM
Shopify reports Q3 revenue up 32% YoY to $2.84B, vs. $2.76B est., GMV up 32% YoY to $92B, and expects Q4 revenue up in the mid-to-high 20% range, vs. 23.4% est. (Deborah Sophia/Reuters)
Shopify has reported a remarkable 32% year-over-year increase in Q3 revenue, reaching $2.84 billion, surpassing estimates of $2.76 billion. The company's gross merchandise volume (GMV) also rose by 32% to $92 billion. Looking ahead, Shopify anticipates Q4 revenue growth in the mid-to-high 20% range, exceeding the expected 23.4%. This strong performance highlights Shopify's resilience and growth potential in the competitive e-commerce landscape, making it a key player to watch as the holiday season approaches.
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