Shopify (NYSE: SHOP) Reports Q4 Revenue Up, Announces $2B Share Repurchase; Pre-Market Surge Over 11%

Shopify Inc. (NYSE: SHOP) reported Q4 revenue of $1.49B, up 12% year-over-year, with gross merchandise volume (GMV) rising 19% to $4.49B. The company reiterated its $2B share repurchase program, effective immediately, citing strong demand for its commerce platform and improved pricing power. The announcement sent SHOP shares higher in pre-market trading by over 11% as investors reacted positively to the revenue growth and capital return plan.