Shopify repurchased $1.42B of its own stock in Q2 2026

Shopify's cash flow statement for the quarter ended June 30, 2026 shows $1.42 billion of share repurchases, against none in the same quarter of 2025. The earnings release does not describe the buyback program in its text. Traders should read the size against free cash flow of $654 million for the quarter.

• Repurchases of common stock: $1.42B in Q2 2026
• No repurchases in Q2 2025
• Q2 2026 free cash flow was $654M for comparison
• The release text does not describe the program terms