- Shopify reported revenue of $1.58 billion, a 57% increase year-over-year and above analysts’ expectations of $1.25 billion.
- Shopify reported adjusted earnings per share (EPS) of $1.26, a 68% increase year-over-year and above analysts’ expectations of $0.86.
- Shopify reported gross merchandise volume (GMV), which measures the total value of sales made by merchants using its platform, of $61.1 billion, a 47% increase year-over-year and above analysts’ expectations of $54 billion.
- Shopify reported monthly recurring revenue (MRR), which measures the amount of revenue generated by its subscription solutions segment each month, of $133 million, a 44% increase year-over-year.
- Shopify reported that it had over 2 million merchants using its platform as of December 31, 2022.
2022 Q4 Earning Report PPT:
SHOP2022Q4ERPPT