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Shopify Q1 revenue jumps 34% but warns Q2 demand is cooling fast
Technology
Published on 5 May 2026
A strong quarter comes with a cautious forecast
Shopify’s Q1 revenue rose 34% thanks to broad growth, but the company says it expects Q2 sales and profit to track analyst forecasts. That outlook points to easing demand for e-commerce services as retailers grapple with higher costs and tighter spending. Despite early momentum, Shopify now faces growth risks tied to economic uncertainty.
- Shopify Q1 revenue grew 34% on broad-based strength
- Q2 sales and profit are expected to match analyst forecasts
- Demand for e-commerce services appears to be slowing
- Retailers’ higher costs are pressuring spending
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times