Shopify Inc. reported its interim financial statements for the third quarter ended September 30, 2024, revealing a net income of $828 million, a significant improvement from the $718 million reported in the same period the previous year. The company's revenues increased to $2.162 billion, up from $1.714 billion in Q3 2023, driven by growth in both subscription solutions and merchant solutions. Operating expenses were $835 million, compared to $779 million in the prior year. The company also reported a net unrealized gain on equity and other investments of $512 million. Shopify's balance sheet showed a strong cash and cash equivalents position of $1.507 billion, and total assets of $12.329 billion. The company's shareholders' equity also increased to $10.118 billion. The financial results were filed with the SEC and are incorporated by reference into the company's various registration statements.

Shopify Inc. reported its interim financial statements for the third quarter ended September 30, 2024, revealing a net income of $828 million, a significant improvement from the $718 million reported in the same period the previous year. The company's revenues increased to $2.162 billion, up from $1.714 billion in Q3 2023, driven by growth in both subscription solutions and merchant solutions. Operating expenses were $835 million, compared to $779 million in the prior year. The company also reported a net unrealized gain on equity and other investments of $512 million. Shopify's balance sheet showed a strong cash and cash equivalents position of $1.507 billion, and total assets of $12.329 billion. The company's shareholders' equity also increased to $10.118 billion. The financial results were filed with the SEC and are incorporated by reference into the company's various registration statements.