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Form 8-KWednesday, February 11, 2026📈High Impact
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Shopify Inc. Furnishes Q4 and Full Year 2025 Results and $2B Share Repurchase Program

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Summary

Shopify Inc. announced its financial results for the quarter and full year ended December 31, 2025, via an Exhibit 99.1 press release on February 11, 2026. The company reported $11.6 billion in revenue and $2 billion in free cash flow for 2025. Q4 revenue growth was 31% with a 19% free cash flow margin, contributing to 30% revenue growth and a 17% free cash flow margin for the full year. * The Board authorized a share repurchase program of up to US$2.0 billion of Class A subordinate voting shares. * The repurchase program, effective February 17, 2026, does not have a fixed expiration. * Repurchases will not exceed 5% of outstanding Class A Subordinate Voting Shares.

Why It Matters

Investors should note Shopify's strong financial performance in 2025, including 30% revenue growth and a 17% free cash flow margin, as detailed in Exhibit 99.1. The authorization of a significant US$2.0 billion share repurchase program signals confidence and a commitment to returning capital to shareholders.

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Key Quote

On February 11, 2026, Shopify Inc. (the "Company") issued a press release announcing its financial results for the quarter and full year ended December 31, 2025, as well as a share repurchase program.

— From Item 2.02

Filing Details

Reported Items

Item 2.02Results of Operations
Item 7.01Regulation FD Disclosure
Item 9.01Financial Statements and Exhibits

Additional Information

CIK Number
0001594805
Filing Date
Wednesday, February 11, 2026
Filing Time
12:00 AM UTC
Form Type
8-K
Materiality Level
high
Sentiment
positive