Shopify Revenue Jumps 31% but Shares Slide 10%

Shopify shares declined nearly 10% despite the company posting strong fourth-quarter earnings and robust revenue growth. While revenue surged 31% year-over-year and exceeded analyst expectations, concerns over near-term profitability, lower free cash flow margins, and cautious investor sentiment pressured the stock. Strong Q1 2026 guidance and a $2 billion share buyback announcement highlight Shopify’s long-term growth outlook, but short-term margin pressures continue to weigh on market confidence.