PYMNTS·22h ago
Shopify Brings Shop Pay Checkout Solution to Meta's Muse AI AgentShopify and Meta have partnered to extend the shopping capabilities of Meta's Muse artificial intelligence assistant, executives said Monday (Sept. 21).
Shopify's revenue growth accelerated to 33.7% YoY in 2026Q2, driven by platform strength and merchant adoption, while operating leverage expanded operating margin to 13.6% from 4.6% in 2024Q1. However, gross margin declined 370 bps to 47.7% over the same perio...
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Revenue growth accelerated to 33.7% YoY in 2026Q2, with operating margin expanding to 13.6% from 4.6% in 2024Q1, though gross margin compressed to 47.7% from 51.4%.
Shopify continues to be a dominant e-commerce platform, powering millions of businesses globally with essential infrastructure for online retail.
The company is actively integrating AI into its platform, with tools like Store Builder and Sidekick, and co-developed the Universal Commerce Protocol with Google.
Shopify's expansion of Shopify Payments to new countries and increased GPV penetration are positive indicators.
Some analyses suggest Shopify's stock may still be overvalued based on traditional metrics like P/E ratios and price-to-sales multiples.
Structural gross margin pressure is a concern due to a shift towards lower-margin Merchant Solutions revenues and increased penetration of Shopify Payments.
Tariff-related uncertainties and softening consumer spending are cited as significant headwinds impacting smaller merchants and overall demand.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 5, 2026 | $0.42+5.7% vs $0.40 | $3.5B+4.2% vs $3.4B |
Q2 2026 May 5, 2026 | $0.36+10.4% vs $0.33 | $3.1B+1.4% vs $3.1B |
Q1 2026 Feb 11, 2026 | $0.46-9.1% vs $0.51 | $3.6B+1.0% vs $3.6B |
Q4 2025 Nov 4, 2025 | $0.34+1.0% vs $0.34 | $2.8B+3.4% vs $2.8B |
Shopify and Meta have partnered to extend the shopping capabilities of Meta's Muse artificial intelligence assistant, executives said Monday (Sept. 21).
Shopify (SHOP, Financials), is partnering with Meta to let users complete purchases through Muse, Meta's AI shopping agent, using Shopify's Shop Pay checkout se
Shopify is partnering with Meta to enable its Muse AI agent to complete purchases on behalf of users. The move came after Amazon blocked the AI agent from operating on its e-commerce platform.
Shopify stock is surging, thanks to a partnership with Meta's hot new AI agent.
Benchmark SHOP against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Shopify Inc. (SHOP)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $147.74 | $191.72B | 157.17 | 30.14% | 10.65% | 9.84% | — | |
| $80.09 | $4.2B | 91.01 | 13.2% | -8.19% | — | — | |
| $98.24 | $13.01B | 15.77 | 8.26% | 17.83% | 660.95% | — | |
| $44.41 | $10.44B | 27.76 | 10.78% | 12.02% | 17.63% | — | |
| $52.89 | $46.65B | 9.78 | 4.19% | 14.36% | 24.42% | — | |
| $46.49 | $4.63B | -422.64 | 13.03% | -0.68% | -0.3% | — |
Shopify Inc. (SHOP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Shopify Inc. (SHOP) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 5, 2026·SEC
Jul 2, 2026·SEC
Jun 16, 2026·SEC
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Shopify Inc. (SHOP) stock FAQ — growth, dividends, profitability & financials explained
Shopify Inc. (SHOP) reported $13.27B in revenue for fiscal year 2025. This represents a 26305% increase from $50.3M in 2013.
Shopify Inc. (SHOP) grew revenue by 30.1% over the past year. This is strong growth.
Yes, Shopify Inc. (SHOP) is profitable, generating $1.93B in net income for fiscal year 2025 (10.7% net margin).
Shopify Inc. (SHOP) has a return on equity (ROE) of 9.8%. This is below average, suggesting room for improvement.
Shopify Inc. (SHOP) generated $2.35B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
