Shopify forecasts quarterly revenue above estimates on strong demand

SelfRugger

2026-02-23 13:43:47

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Shopify forecasts quarterly revenue above estimates on strong demand

Reuters

Wed, February 11, 2026 at 9:11 PM GMT+9

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Feb 11 (Reuters) - Shopify (SHOP) projected quarterly ‌revenue above ‌market estimates on Wednesday, as the e-commerce platform expects consumer spending to ‌be ⁠resilient against a backdrop of U.S. ⁠tariffs and rising prices.

The company’s stock rose 11% before the bell on Wednesday.

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The company expects revenue to ‌rise at a low-thirties percentage rate in the first quarter, compared ‌with analysts’ average estimate of a ‌25.2% rise, according to data compiled by LSEG.

(Reporting by Deborah ‌Sophia in Bengaluru; Editing by Leroy Leo)

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