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Subscription Revenue

2 GoKawiil briefs on this topic

Shopify stock drops 7% as Q3 GMV and subscription metrics miss forecasts

Shopify's Q3 adjusted earnings of 49 cents per share beat LSEG estimates of 46 cents, but revenue of $3.74 billion came in slightly below the $3.75 billion expected. Gross merchandise volume of $119.15 billion and subscription gross profit of $661 million both fell short of analyst projections, sending shares down 7% on Tuesday. Subscription revenue also missed estimates, though merchant revenue and gross profit exceeded expectations.

ServiceNow stock falls 25% despite revenue meeting estimates

ServiceNow's shares dropped 25% on Thursday, marking the company's worst trading day ever, after third-quarter revenue of $4.11 billion roughly matched estimates but adjusted earnings of $1.00 per share missed the $1.02 forecast. The company also raised its full-year 2026 subscription revenue guidance to $15.78-$15.79 billion and reported a 65% jump in net new AI contract value.