Shopify (NYSE: SHOP) stock soared 16.27% to $147.66 in the pre-market session on Wednesday, 6th August 2025, a significant increase compared to the closing price of $127.00 the previous trading day. The price surge was driven by the company’ Q2 2025 earnings report, which exceeded market expectations.
Shopify reported a robust $2.68 billion in revenue, surpassing the estimated $2.55 billion, and an earnings per share figure of $0.35, beating the forecasted $0.29. This represents a year-on-year revenue growth of 30.7% and a substantial 34.6% increase in earnings per share compared to the same quarter last year.