OTTAWA – Shopify Inc. reported a third-quarter profit of US$264 million as its revenue rose 32 per cent compared with a year ago.
The company, which keeps its books in U.S. dollars, says the profit amounted to 20 cents US per diluted share for the quarter ended Sept. 30 compared with a profit of US$828 million or 64 cents US a year ago.
On an adjusted basis, Shopify says it earned 34 cents US per share in its latest quarter compared with an adjusted profit of 36 cents US per share a year ago.
Revenue for the quarter totalled US$2.84 billion, up from US$2.16 billion in the same quarter last year.
The increase came as merchant solutions revenue amounted to US$2.15 billion, up from US$1.55 billion a year ago, while subscription solutions revenue totalled US$699 million, up from US$610 million in the same quarter last year.
In its outlook, Shopify says it expects its fourth-quarter revenue to grow at a percentage rate in the mid-to-high twenties on a year-over-year basis.
This report by The Canadian Press was first published Nov. 4, 2025.
Companies in this story: (TSX:SHOP)
