Home > NewsRelease > Shopify Subscription Revenue Grows 15%, But Its Share of Total Revenue Continues to Shrink
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Shopify Subscription Revenue Grows 15%, But Its Share of Total Revenue Continues to Shrink
From:
Kathleen Greenler Sexton --- Subscription Expert Kathleen Greenler Sexton --- Subscription Expert
For Immediate Release:
Dateline: Boston, MA
Saturday, November 22, 2025

 
Shopify (NYSE: SHOP) reported third-quarter 2025 results, delivering strong top-line performance while highlighting a widening gap between its subscription business and its faster-growing merchant services segment. For the quarter ended September 30, Shopify reported US$2.84 billion in total revenue, up 32% year-over-year, driven by continued expansion in merchant activity and platform usage.
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Name: Kathy Greenler Sexton
Title: CEO
Group: Subscription Insider
Dateline: Andover, MA United States
Direct Phone: 617-401-7653
Cell Phone: 617-834-2169
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