{
  "url": "https://struct.news/briefs/shopify-added-900m-of-sales-but-its-gross-margin-still-slipped",
  "title": "Shopify added $900M of sales, but its gross margin still slipped",
  "summary": "Revenue climbed 33.7% in the three months ended June 30, while gross margin fell to 47.7%.",
  "published_at": "2026-08-05T11:04:47.725023+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Shopify Inc.",
    "ticker": "SHOP",
    "cik": "1594805",
    "sector": "Technology",
    "industry": "Software - Application"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-05",
    "accession": "0001594805-26-000047",
    "url": "https://www.sec.gov/Archives/edgar/data/1594805/000159480526000047/shop-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-06",
    "url": "https://www.sec.gov/Archives/edgar/data/1594805/000159480525000073/shop-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "Shopify valuation at the latest close",
      "label": "P/E",
      "value": 129.92288459203897,
      "display": "129.9x",
      "unit": "multiple",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001594805-26-000047",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "Shopify valuation at the latest close",
      "label": "EV / sales",
      "value": 13.706305895880927,
      "display": "13.7x",
      "unit": "multiple",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001594805-26-000047",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "Shopify valuation at the latest close",
      "label": "Earnings yield",
      "value": 0.7696873442581146,
      "display": "+0.8%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001594805-26-000047",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "Shopify valuation at the latest close",
      "label": "Cash-flow yield",
      "value": 1.2711408374303388,
      "display": "+1.3%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001594805-26-000047",
        "filing_date": "2026-08-05"
      }
    }
  ],
  "watch_next": [],
  "related_tickers": [
    "SHOP"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}