07:57 AM EDT, 08/06/2025 (MT Newswires) -- Shopify ( SHOP ) traded 16% higher at last look Wednesday on the Nasdaq pre-market as the company booked higher earnings in the second quarter.

Shopify ( SHOP ) reported earnings of US$906 million, or US$0.69 per share, beating the analyst consensus estimate of US$0.20 compiled by FactSet and jumping from US$171 million a year ago.

Revenue stood at US$2.68 billion, climbing from US$2.05 billion and above the analyst forecast of US$2.55 billion compiled by FactSet.

"Today's results are the payoff from bold bets we made years ago," said Harley Finkelstein, president of Shopify ( SHOP ). "The investments we're making now will fuel our next chapter."

For the third quarter, Shopify ( SHOP ) expects its revenue to grow at a mid-to-high twenties percentage and anticipates a low-twenties percentage growth for its gross profit.