For the fourth quarter of 2024, Shopify (SHOP) expects: Revenues to grow at a mid-to-high-twenties percentage rate on a year-over-year basis; Gross profit dollars to grow at a year-over-year rate similar to Q3 2024; GAAP operating expense as a percentage of revenues to be 32% to 33%; Stock-based compensation to be $120 million; and Free cash flow margin to be similar to Q4 2023.
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