Shopify Third Quarter 2024 Earnings and Business Review

Big Picture Investing with Kevin McCormick by Kevin McCormick

Episode notes

Shopify Inc. announced its financial results for the third quarter of 2024, showcasing a 26% increase in revenue and a 19% free cash flow margin. The company's unified commerce platform continues to attract merchants of all sizes, with Shopify projecting continued growth into the fourth quarter. This press release includes a detailed breakdown of Shopify's financial performance, a discussion of its non-GAAP financial measures, and an outlook for the coming quarter. Shopify also provided a disclaimer regarding forward-looking statements and highlighted the risks that could affect its future results.