Shopify Shares Drop Over 8% Following Q3 Revenue and Merchandise Volume Shortfalls
- Published
- Source
- CNBCTechnology
Shopify's shares fell by 8.74% after the company reported its Q3 earnings, which included a revenue of $3.74 billion, slightly below LSEG estimates of $3.75 billion. Although adjusted earnings per share of 49 cents exceeded expectations, gross merchandise volume (GMV) and subscription gross profit did not meet analyst forecasts, with GMV at $119.15 billion against an expected $120.03 billion.
The missed estimates are significant as they highlight challenges in Shopify's growth trajectory, particularly in subscription revenue, which reached $836 million but fell short of the $848.1 million expected by analysts. Despite these setbacks, Shopify's president, Harley Finkelstein, emphasized the company's commitment to long-term growth and noted that GMV has seen over 20% growth for 13 consecutive quarters, indicating a resilient underlying business.
Shopify anticipates revenue growth in the low thirties range year over year for Q4, although this is slightly below LSEG's estimate of 32.1%. The company is also optimistic about the impact of AI-assisted shopping, which Finkelstein believes will become mainstream this holiday season, potentially driving new traffic and consumer engagement on the platform.
Original report
Shopify falls over 8% after Q3 revenue and merchandise volume miss estimates
CNBCTechnologyThis briefing is an independently written summary based on publicly available reporting and is provided for industry information and news discovery. The original report and source publication are credited and linked where applicable. RobotToday does not claim ownership of third-party source material.
Rights concerns? Contact [email protected] with the relevant URL and details. We will review the matter and take appropriate action where warranted.
More related news
- 1
- 2
- 3
- 4
- 5
-
6
RobotToday Weekly October 26 – 30, 2026 RobotToday · 5 days ago
- 7
- 8
- 9
- 10
- 11
- 12
Related Suppliers
Blue Water Autonomy
United States
Boston startup founded 2024 building the Liberty Class, a 67.7 m, 810-ton uncrewed surface ship for 2-3 month ocean missions; $64M raised.
6 River Systems
United States
US warehouse AMR maker and Ocado subsidiary; Chuck robots deployed in 100+ facilities, boosting picker productivity for DHL, GXO, and others.
Pickr.AI
Norway
Stavanger, Norway firm founded 2016 building PickrMate gantry picking cells for AutoStore, VLMs and flowracks; robots run at Veso and Spedify.
Kindred Systems
Canada
AI-powered robotic piece-picking system for e-commerce order fulfillment; acquired by Ocado in 2020.
QYSEA Technology 鳍源科技
China
Shenzhen maker, founded 2016, of FIFISH underwater ROVs, from V-EVO and V6 sport drones to E-MASTER, W6 NAVI and X1 industrial units; 130+ countries.
Bambu Lab 拓竹
China
Consumer and prosumer desktop FDM 3D printer maker founded by ex-DJI engineers, known for fast CoreXY printers with multi-color AMS systems.
Geek+ 极智嘉
China
Beijing AMR leader founded 2015; 72,000+ robots at 950+ sites; HKEX-listed July 2025; top global goods-to-person warehouse robotics share 7 consecutive years.
Robotics needs a service framework.
RSF defines a common language for robot service capability, lifecycle operations, certification pathways, and service-provider networks.
Join the RobotToday community on LinkedIn
Daily robotics news, in-depth analysis, conference highlights, and discussions with professionals worldwide.
