$SHOP +28%
Shopify reported strong Q2 2026 earnings results with revenue of $3.58 billion, up 34% year-over-year (33% in constant currency) and beating estimates by about $140 million, alongside net income of $1.5 billion (or $439 million excluding equity investment gains). Gross merchandise volume rose 32% to $115.6 billion, gross profit reached $1.71 billion, operating income hit $488 million, and free cash flow came in at $654 million for an 18% margin. For Q3 2026, the company expects revenue growth in the low-thirties percent range, gross profit dollar growth in the mid-to-high twenties, operating expenses at 33–34% of revenue, stock-based compensation of $150 million, and free cash flow margin in the high-teens to low-twenties.
….another FUW fave putting in work! 🔥👽
Pretty wild that Lamoriello’s preference was re-signing Nelson over selling him for a coveted first rounder plus a high-skilled 20-year-old who’s now the #Isles top prospect.
It turns out that Nelson’s desire to test the market is the ONLY thing that stopped Lou’s mission to stay the course with everyone. After four seasons of mediocrity or worse.
Lamoriello did not use his time wisely — not a surprise because those are just words he says, but unfortunate.
Crazy when you see the prices paid for Beau, L Schenn, B Tanev, Carlo, Laughton, Gourde, Glass and others this week and consider the value of Palmieri, Pageau, Lee. Even Cizikas with term left might get you a 2 in this market. Moving two or three more mid-30s guys could have generated not just great draft capital to use or trade, but young talent for the near future.
Wild Card or not, it’s why for the third straight year I feel Scott Malkin should change hockey ops leadership. Let a new GM with a fresh vision utilize the cap space this offseason. (As of now, there’s no evidence to suggest the owner will).
When you look at the progressive thinking of the top teams in the league like Florida, Dallas and others vs the Islanders’ approach right now, it’s startling.
It’s all on Scott Malkin now. Ownership is OK with this and the continued lack of strong ticket demand that could get worse?
Welcome your opinions, even the LouMasterClass Crew. Just state your case.
Ending on a positive note: Brock Nelson and agent Ben Hankinson were honest and forthright with the NYI throughout this process. In return, that $7.5 mill-per offer may still be there for him in July.
By acting with integrity, Nelson helped the Islanders this week more than the Islanders helped themselves.
Here’s 2 and a half minutes straight of Democrats explicitly calling for political violence.
Has Biden ever denounced this?
They have blood on their hands.
Dear @JoeBiden,
This is Corey Comperatore. He was a dad, a husband, and a fire chief. He gave his life to protect his wife and daughter.
You called this man a dangerous threat to democracy & an extremist who thrives in darkness, fear, and lies.
Yesterday, your supporter kiIIed him.
Will you say his name, Joe?