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Shopify's Q2 2025 results exceeded expectations with revenue of $2.68 billion and net income of $906 million. Gross merchandise volume grew 31% year-over-year to $87.8 billion. Following the announcement, shares surged up to 22%. The company maintained strong free cash flow margins for eight consecutive quarters despite global trade conflicts. Shopify forecasts continued growth for Q3, with revenue expected to increase in the "mid-to-high twenties" percent range. Analysts attribute this success to Shop Pay and AI innovations that improve merchant efficiency.

Rillet, an AI-native ERP platform for finance teams, raised $70M in Series B funding led by Andreessen Horowitz and ICONIQ, bringing total funding to $100M. The company has 200+ customers, doubled ARR in 12 weeks, and partnered with top accounting firms. Rillet modernizes outdated accounting systems with AI automation for revenue tracking, multi-entity accounting, and financial reporting.

Shopify exceeded quarterly expectations with 31% revenue growth to $2.68 billion USD and $906 million in net income. Despite global trade tensions, gross merchandise volume increased 16% to $87.8 billion USD, driven by strong performance across multiple regions. Investor confidence surged with shares rising 5.47% pre-market. The company maintains robust free cash flow margins of 16% and projects continued strong performance with revenue growth in the mid-to-high twenties, while focusing on platform enhancements and supporting merchants through trade challenges.

Shopify reported robust Q2 2025 results with $2.68B revenue, exceeding forecasts by $130M. Net income reached $906M, reversing a previous loss. GMV grew 16% to $87.8B with strong European performance. The company forecasts continued revenue growth (mid-to-high twenties) for Q3 2025, maintaining its eight-quarter streak of double-digit free cash flow margins at 16%.