​Shopify Inc. (SHOP) Among Most Profitable SaaS Companies for 2026

​Shopify Inc. (NASDAQ:SHOP) is one of the Profitable SaaS Companies for 2026. The company recently reported robust fiscal Q4 2025 results. Shopify Inc. (NASDAQ:SHOP) grew its quarterly revenue by 31% year-over-year to $3.67 billion, surpassing the Street’s estimates of $3.59 billion. The EPS of $0.57 also topped analysts’ consensus of $0.51.

“2025 was Shopify at full throttle – driving compounding growth, while laying the rails for the new era of AI commerce,”

Harley Finkelstein, President of Shopify.

Management attributed the quarterly and full-year performance to be driven by multiple growth factors, including International revenue growth, Offline revenue growth, and B2B GMV growth. Notably, the company maintained 19% free cash flow margins, marking ten consecutive quarters of double-digit free cash flow margins. This comes as Shopify is investing in Catalog, Sidekick, Universal Commerce Protocol, and its full platform of commerce solutions.

​That said, earlier on February 9, MoffettNathanson upgraded Shopify Inc. (NASDAQ:SHOP) from Neutral to Buy and raised the price target from $122 to $150. The firm finds Shopify as an “unusually attractive entry point” and believes it is a “long-term winner in the AI commerce wars.”

​Shopify Inc. (NASDAQ:SHOP) is a Canadian‑based global commerce technology company that provides an all‑in‑one e‑commerce platform for businesses of all sizes.

While we acknowledge the potential of SHOP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SHOP and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.