Shopify Inc. (SHOP) Q1 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Shopify Inc..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.238 Good morning, and thank you for joining Shopify's first quarter 2025 conference call. 00:00:04.238 -- 00:00:08.625 I am Carrie Gillard, head of investor relations, and joining us today are Harley Finkelstein, 00:00:08.625 -- 00:00:11.629 Shopify's president, and Jeff Hoffmeister, our CFO. 00:00:11.629 -- 00:00:14.774 After their prepared remarks, we will open it up for your questions. 00:00:14.774 -- 00:00:18.080 We will make forward-looking statements on our call today that are based on assumptions 00:00:18.080 -- 00:00:22.106 and therefore subject to risks and uncertainties that could cause actual results to differ 00:00:22.106 -- 00:00:26.171 materially from those projected. Undue reliance should not be placed on these forward-looking 00:00:26.171 -- 00:00:30.396 statements. We undertake no obligation to update or revise these statements, except as 00:00:30.396 -- 00:00:34.320 required by law. You can read about these assumptions, risks, and uncertainties in our 00:00:34.320 -- 00:00:36.883 press release this morning, as well as in our filings with U.S. 00:00:36.883 -- 00:00:40.807 and Canadian regulators. We will also speak to adjusted financial measures, which are 00:00:40.807 -- 00:00:43.990 non-GAAP and not a substitute for GAAP financial measures. 00:00:43.990 -- 00:00:47.194 Reconciliations between the two are provided in our press release. 00:00:47.194 -- 00:00:50.998 And finally, we report in U.S. dollars, so all amounts discussed today are in U.S. 00:00:50.998 -- 00:00:56.643 dollars unless otherwise indicated. With that, I will turn the call over to Harley. 00:00:56.868 -- 00:00:59.733 Thanks, Carrie, and thanks to everyone for being here today. 00:00:59.733 -- 00:01:03.400 Let's start with the obvious. Today's market ...