Shopify is trading 20.2% up at CA$203.51 after reporting strong Q2 2026 results and issuing revenue guidance that exceeded Wall Street expectations.

  • The company achieved over 30% growth across GMV, revenue, gross profit, and free cash flow.
  • Management expects revenue growth in the low-30% range for the upcoming period, topping consensus forecasts.
  • Investor optimism is also driven by Shopify's AI-powered e-commerce strategy and a broader rally in the software sector.