Shopify Inc. reported second-quarter fiscal 2025 revenue of $2.68 billion, topping analysts’ expectations of roughly $2.55 billion and rising 31% from a year earlier. Operating income reached $291 million, also ahead of forecasts, while adjusted earnings per share climbed to $0.69 versus a projected $0.29. Underlying commerce activity remained robust: Gross Merchandise Volume jumped 31% to $87.8 billion and Gross Payment Volume rose to $57 billion, representing 64% of GMV. Monthly Recurring Revenue edged up to $185 million, slightly below consensus, as the company continued to expand its merchant base across North America, Europe and Asia-Pacific. For the current quarter, the Ottawa-based e-commerce platform expects revenue to grow at a mid-to-high-twenties percentage rate year on year and gross profit dollars at a low-twenties rate, outpacing the growth assumptions embedded in Wall Street models. President Harley Finkelstein said the results reflect “bold bets we made years ago.” Shopify shares rose about 10% in pre-market trading following the report.