Shopify Stock Sinks on Surprise Q1 Net Loss

Aaron McDade

Thu, May 8, 2025, 6:26 AM 1 min read

• Shopify shares fell Thursday greeting aft the e-commerce institution reported a astonishment nett nonaccomplishment for the archetypal quarter.

• A much than $900 cardinal deed to the worth of Shopify's equity investments caused the institution to grounds a nonaccomplishment of $0.53 per stock erstwhile a nett of $0.17 was expected.

• The institution projects second-quarter gross to turn astatine a mid-twenties percent complaint year-over-year.

Shares of Shopify (SHOP) tumbled Thursday greeting arsenic the e-commerce level reported a astonishment nett nonaccomplishment for the archetypal quarter.

The institution said $74.75 cardinal successful gross merchandise worth was sold done its level successful the quarter, astir $150 cardinal little than analysts had expected, per Visible Alpha. Shopify generated $2.36 cardinal successful revenue, conscionable supra what analysts had expected.

Shopify's adjusted earnings per stock (EPS) came successful astatine $0.25, a penny beneath the expert consensus, but the company's astonishment nett nonaccomplishment was apt much of an contented with investors. Analysts had expected EPS of $0.17, but Shopify reported a nett nonaccomplishment of $0.53 per stock arsenic it incurred a much than $900 cardinal nonaccomplishment connected its equity investments.

Shopify projects second-quarter gross to turn astatine a mid-twenties percent complaint year-over-year, portion gross nett is expected to turn astatine a high-teens percentage.

Shopify shares were down 5% soon earlier the opening doorbell Thursday. They entered the time 11% little than the commencement of the year.

Read the archetypal nonfiction connected Investopedia