Shopify reported third quarter earnings of $0.49 per share, against a forecast of $0.47, a gap of $0.02 or 4.6% above the forecast. Revenue for the quarter was $3.7 billion, below the $3.8 billion forecast by $79.7 million, or 2.1%, according to the company’s filing. The results were published on 3 November 2026 and cover the third quarter of fiscal 2026.
Revenue below forecast
Revenue was the weaker of the two measures against expectations. The shortfall of $79.7 million was the gap between the reported figure and the forecast. Earnings per share moved the other way, landing above the forecast in the same filing.
The company’s fiscal year may not match the calendar year, so the quarter is reported under Shopify’s own fiscal calendar. The figures above are the company’s reported numbers as set out in its filing and are compared only with the forecasts listed.
Market backdrop
In markets the same day, the Nasdaq Composite stood at 25,164.31 points at the close of 2 November 2026, down 1.07% from the previous close and its lowest level in 31 days.
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Data: Nasdaq
