Shopify Inc. reported strong financial results for the first quarter of 2025, with revenue reaching $2.36 billion, a 27% increase year-over-year, slightly surpassing analyst estimates of $2.34 billion. Gross Merchandise Volume (GMV) rose 22% to approximately $74.6 billion, despite tariff-related headwinds. Operating income was reported at $203 million, with an operating margin of 9%, up nearly 4 percentage points from the previous year. Adjusted EBIT stood at $329 million, exceeding estimates, while earnings per share (EPS) came in at $0.25, slightly below the expected $0.26. Shopify's CEO highlighted the company's ability to deliver growth and profitability at scale, noting strong performance across offline and B2B GMV segments, with international GMV growing 31%. Shopify Payments penetration reached 64% of GMV. Despite the positive results, Shopify's shares dropped over 7% in pre-market trading. Cathie Wood's Ark Invest made a notable $21.5 million investment in Shopify shares following the earnings release. Pinterest, Inc. also posted solid first-quarter results, with revenue increasing 16% year-over-year to $855 million, beating estimates of $847 million. Monthly Active Users (MAUs) rose 10% to a record 570 million, surpassing the estimated 564 million. Adjusted EPS was $0.23, slightly below the $0.26 estimate. The company highlighted strong ad performance and growing marketing spend, supported by new AI-driven advertising tools. Pinterest's CEO emphasized the growing adoption of the Performance+ advertising suite, with 80% of campaigns outperforming traditional ones. The company expects second-quarter revenue between $960 million and $980 million, above analyst expectations. Pinterest's shares surged over 10% in after-hours trading following the earnings report. HubSpot, Inc. reported revenue of $714.1 million for Q1 2025, up 16% year-over-year and above estimates of $699.9 million. Adjusted EPS was $1.78, slightly beating expectations. The company noted continued traction in its AI-first strategy, with customer growth reaching over 258,000 globally, a 19% increase. HubSpot's board authorized its first-ever share repurchase program. Despite the positive results, HubSpot's shares declined about 4.6% in pre-market trading. The company reported a GAAP net loss of $21.8 million compared to net income in the prior year, attributed in part to investments in growth initiatives.