TLDRShopify stock jumped 18% after quarterly revenue climbed 34% year over year.GMV reached $115.57 billion as growth accelerated across merchants and markets.Free cash flow rose to $654 million while margins improved to 18% during Q2.Operating income increased to $488 million as Shopify gained stronger leverage.Shopify expects low-thirties revenue growth and high-teens cash flow margins.Shopify (SHOP) stock surged 18.18% to $145.72 after quarterly growth accelerated across core business metrics. Revenue jumped 34%, while gross merchandise volume advanced across merchants, sales channels, and major regions. The results also showed stronger cash generation and improved operating leverage during the second quarter.Shopify Inc., SHOPShopify Revenue Growth Drives Sharp Stock RallyShopify reported second-quarter revenue of $3.58 billion, up from $2.68 billion one year earlier. Constant-currency revenue increased 33%, showing broad demand across the company’s global commerce platform. The strong report triggered an early price spike before shares eased while retaining most gains.Gross merchandise volume reached $115.57 billion, compared with $87.84 billion during the prior-year quarter. That represented growth of about 32%, supported by stronger activity across different merchant sizes. Shopify also recorded gains across online stores, physical retail channels, and international markets.Monthly recurring revenue rose to $221 million from $185 million one year earlier. The increase reflected continued adoption of Shopify’s subscription products and expanding merchant services. Together, those gains strengthened the company’s recurring revenue base and supported its wider business growth profile.Profit Growth and Cash Flow Strengthen ResultsGross profit climbed to $1.71 billion from $1.30 billion in the previous year. Operating income also increased to $488 million, compared with $291 million previously. These figures showed that Shopify converted stronger sales into faster profit growth during the quarter.Free cash flow reached $654 million, up from $422 million during the same quarter last year. The free cash flow margin improved to 18% from 16%. That expansion reflected tighter cost control alongside continued investment in platform development and merchant tools.Shopify maintained growth while improving efficiency across its operations and product lines. Management linked the performance to broad merchant demand and disciplined spending across the business. The combination supported stronger margins without slowing the company’s revenue growth pace.Shopify Issues Strong Third Quarter OutlookShopify expects third-quarter revenue to grow at a low-thirties percentage rate year over year. The forecast points to continued momentum after the company’s strong second-quarter performance. It also suggests that merchant activity remains healthy across Shopify’s commerce platform.The company expects gross profit dollars to rise at a mid-to-high twenties percentage rate. Shopify projects operating expenses at 33% to 34% of revenue. It also expects stock-based compensation of $150 million during the quarter.Free cash flow margin should remain in the high-teens to low-twenties range. That outlook supports the company’s focus on profitable growth and steady cash generation. Shopify’s latest results reinforce its position as a major global commerce infrastructure provider for merchants. The post Shopify (SHOP) Stock: Soars 18% as Revenue Jumps 34% and GMV Accelerates appeared first on Blockonomi.