The Ottawa-based e-commerce software company’s net income in the second quarter compared to $171 million in profits a year ago.
The company kept the books at a dollar price, saying that the profit was 69 cents per diluted share of shareholders, while the diluted share lost 13 cents a year ago.
Shopify said its net income does not include the impact of stock investments in the quarter ended June 30, up from $338 million a year ago.
Revenues for the quarter totaled $2.68 billion, up from $2.04 billion a year ago.
Subscription solutions revenue reached $656 million, up from $563 million a year ago, while merchant solutions revenue reached $2.02 billion, up from $1.48 billion.
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Suncor reported $1.13 billion in net income, revising spending reduction estimates
Suncor Energy Inc. (TSX: SU)
Numbers for the second quarter of 2025 (all numbers are US dollars).
- profit: $1.13 billion (down from $1.57 billion a year ago)
- Sales volume: Not released yet
Suncor Energy Inc. said its second-quarter earnings fell over the previous year, mainly due to the underlying lower oil prices, as it also revised its expected capital expenditure for the year. OilSands producers said net revenue for the quarter ended June 30 was $1.13 billion, down from $1.57 billion a year ago. Profits were lower despite record production and refinery throughput in the second quarter after major maintenance work was completed.
Suncor said adjusted operating revenue was $873 million, down from $1.63 billion a year ago. Adjusted revenue was 71 cents per share, down from $1.27 last year, while average analyst estimates were 69 cents per share, according to LSEG data and analysis.
