Shopify misses revenue estimates for the first time since 2022
The Next Web
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Shopify reported $3.74bn revenue in Q3 2026, missing analyst estimates for the first time since 2022, with gross merchandise volume and subscription revenue also below expectations. Profit and adjusted earnings rose, but margins were compressed due to increased AI costs from its Sidekick assistant. The company forecasts low-thirties percentage revenue growth for Q4 with slower gross profit growth.
