Q2 is in, and it was a monster quarter.
โ $116B in merchant sales, up 32% YoY
โ $3.6B revenue, up 34% YoY
โ $654M free cash flow, 18% margin
Five quarters running, GMV has grown more than 30%.
The bigger story is underneath the numbers: every shift AI is creating happens to play to @Shopify's strengths.
Shopify now connects to @grok and @bot. One more place merchants already work, now connected to their store.
Solo founder no longer means solo operator.
Three years ago today:
1,200 murdered. 251 taken hostage. The deadliest day for Jews since the Holocaust.
Since then, antisemitism hasn't returned. It's exploded. Attacked in the streets. Hunted on campuses. Murdered from Washington to Sydney. For one reason: being Jewish.
October 7th didn't create this hatred, it revealed it.
I'm raising my daughters to be proud Jews.
Loud. Visible. Unapologetic.
We will not hide ๐
How you do anything is how you do everything.
Code. Company. Racetrack.
@tobi has the highest give-a-shit quotient of anyone I've ever met.
Lucky to spend my life building with him.
More people should know that Shopify CEO @tobi isn't just one of the top founders of his generation, according to @bryan_johnson.
He's also an elite athlete pushing his body through serious physiological stress on the racetrack.
"Tobi's one of the most epic founders of our generation."
"He's an incredible builder. Not only in the company he's built, but how he leads. He's an incredible human, but he's so soft-spoken no one even knows he drives, let alone what he goes through when he drives."
"Thirty minutes before the race, his body starts racing. His heart rate went up from ~50 to 127 bpm."
"I think he's emulation-worthy as a founder. People should be like, 'I want to do stuff like that too.'"