shopify.com web signal

Shopify Q2 Beats With 34% Revenue Growth as Weekly Sidekick AI Merchants Quadruple Year Over Year

Summary

Shopify posted Q2 revenue of $3.6B, up 34% YoY, GMV of $115.6B (up 32%), with 18% free-cash-flow margins; SHOP jumped 30%+ pre-market. On the AI side, weekly active merchants using Sidekick roughly quadrupled year over year, with merchants using it to build custom apps, automate workflows and modify storefronts.