Shopify Q2 revenue rises 34% to $3.58B

Shopify's second-quarter revenue grew 34% to $3,583M on gross merchandise volume of $115,567M, up 32%. Operating income rose to $488M from $291M. (SEC (Shopify 8-K, Ex. 99.1))

Net income was $1,502M, or $439M excluding equity investment gains and losses. Free cash flow was $654M. Shopify expects Q3 revenue growth in the low-thirties percent range. (SEC (Shopify 8-K, Ex. 99.1))