Feb. 11 at 1:48 PM
Q4 recap:
🛒
$SHOP keeps delivering. Revenue
$3.67B (beat), EPS
$0.57 (beat). Strong merchant growth + AI commerce push. 10th straight quarter of double-digit FCF margins. Also announced a
$2B buyback. Momentum still intact.
⚡
$VRT mixed. EPS
$1.14 (miss vs
$1.30), revenue basically in line at
$2.88B. Orders and backlog hit records, but expectations were high. Still guiding for big 2026 sales growth on AI/data center demand.
🏨
$HLT solid quarter. Revenue
$3.09B, EPS
$2.08, both beats. RevPAR up, pipeline strong, and expansion into new brands + luxury travel continues.
E-comm and travel showing strength. Data center infra still hot, but
$VRT reminds everyone that “good” isn’t always good enough.