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SHOP US​

Shopify Inc. Class A(SHOP US)

$168.68-0.130.08%Ext:$168.00-0.680.40%(Market Closed · 00:00:00 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Shopify Inc. Class A — Company Profile

Shopify Inc. functions as a premier commerce technology company, providing an extensive platform and associated services to empower businesses worldwide. Its reach extends across Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific region, and Latin America. The company's robust platform equips merchants to effectively display, organize, market, and sell their merchandise through a multitude of sales avenues. These include digital storefronts accessible via web and mobile, traditional brick-and-mortar stores, temporary pop-up locations, integrated social media channels, proprietary mobile applications, embeddable "buy buttons," and established online marketplaces. Beyond sales, the platform streamlines crucial business operations such as product and inventory management, order and payment processing, fulfillment and shipping logistics, attracting new customers and fostering client relationships, product sourcing, analytical reporting, financial administration encompassing cash, payments, and transactions, and facilitating access to working capital. Additionally, Shopify offers supplementary services like the sale of custom website themes and applications, alongside domain name registration. Its merchant-focused solutions also cover payment acceptance, efficient shipping and order fulfillment, and aid in securing necessary operating funds. Founded in 2004 under the initial name Jaded Pixel Technologies Inc., the company officially rebranded to Shopify Inc. in November 2011. Its global headquarters are located in Ottawa, Canada.

Sector
Industrials
Industry
Professional Services
Exchange
UQ
CEO
Tobias Lutke
Headquarters
Ottawa, A6, CA
IPO Date
May 20, 2015
Employees
7,600
Website
www.shopify.com

Key Metrics

Price
$151.39
Market Cap
$196.45B
Revenue (TTM)
$3.17B
Net Income (TTM)
$-581000000.00
EPS (TTM)
-0.45
P/E (TTM)
147.49
P/B (TTM)
15.66
Dividend Yield
0.00%
ROE (TTM)
-4.63%
ROA (TTM)
-4.10%
Operating Margin
12.05%
Beta
1.37

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Shopify Inc. functions as a premier commerce technology company, providing an extensive platform and associated services to empower businesses worldwide. Its reach extends across Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific region, and Latin America. The company's robust platform equips merchants to effectively display, organize, market, and sell their merchandise through a multitude of sales avenues. These include digital storefronts accessible via web and mobile, traditional brick-and-mortar stores, temporary pop-up locations, integrated social media channels, proprietary mobile applications, embeddable "buy buttons," and established online marketplaces. Beyond sales, the platform streamlines crucial business operations such as product and inventory management, order and payment processing, fulfillment and shipping logistics, attracting new customers and fostering client relationships, product sourcing, analytical reporting, financial administration encompassing cash, payments, and transactions, and facilitating access to working capital. Additionally, Shopify offers supplementary services like the sale of custom website themes and applications, alongside domain name registration. Its merchant-focused solutions also cover payment acceptance, efficient shipping and order fulfillment, and aid in securing necessary operating funds. Founded in 2004 under the initial name Jaded Pixel Technologies Inc., the company officially rebranded to Shopify Inc. in November 2011. Its global headquarters are located in Ottawa, Canada.

Website
www.shopify.com
Location
Ottawa, A6, CA
Phone16132412828
Employees7,600
CEOTobias Lutke
Sector
Industrials
Industry
Professional Services
IPO DateMay 20, 2015

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Latest Documents

SEC Filings(538)

Expand
  • 144Hoffmeister Jeff25 Sep
  • 144Niehaus Jean18 Sep
  • 144Finkelstein Harley18 Sep
  • 144Hertz Jessica18 Sep
  • 144Hoffmeister Jeff14 Sep
  • 144Lutke Tobias4 Sep
  • SC 13D/AKlaviyo, Inc.31 Aug
  • 4Statement of changes in beneficial ownership31 Aug
  • 144Hertz Jessica27 Aug
  • 144Goodman Gail F7 Aug
  • 144Niehaus Jean6 Aug
  • 144Goodman Gail F5 Aug
  • 10-QQ2ended 30 Jun 20265 Aug
  • 8-KResults of Operations and Financial Condition5 Aug
  • SC 13GSHOPIFY INC.30 Jul
  • 144Goodman Gail F28 Jul
  • 144Goodman Gail F10 Jul
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers2 Jul
  • 144Goodman Gail F30 Jun
  • 144Hertz Jessica22 Jun

News

  • The Aging Boomer Landlords: 5 Senior Housing REITs and What Their Yields Are Telling You07:15AM
  • Earnings Growth & Price Strength Make Shopify (SHOP) a Stock to Watch23 Oct
  • Shopify (SHOP) is an Incredible Growth Stock: 3 Reasons Why22 Oct
  • Shopify Jumps 56% in 3 Months: Should You Still Buy the Stock?22 Oct
  • Wall Street Bulls Look Optimistic About Shopify (SHOP): Should You Buy?22 Oct
  • Shopify Inc. $SHOP Shares Sold by Diversify Advisory Services LLC22 Oct
  • Octane AI Launches Phoenix, an AI Quiz Builder That Builds, Checks and Improves Quizzes for Shopify Brands21 Oct
  • 33,334 Shopify Inc. $SHOP Shares Sold by Louisbourg Investments Inc.21 Oct
  • Shopify Inc. $SHOP Holdings Raised by Carnegie Investment Counsel21 Oct
  • Shopify (SHOP) Exceeds Market Returns: Some Facts to Consider20 Oct
  • Shopify Just Rallied 35% in a Month: Take Profits, or Buy More?20 Oct
  • BEKE or SHOP: Which Is the Better Value Stock Right Now?20 Oct
  • Bull of the Day: Shopify (SHOP)20 Oct
  • Shopify vs. Target: Which Technology Stock Is a Better Buy in 2026?20 Oct
  • Is it Too Late to Buy Shopify Stock Right Now?19 Oct
  • All You Need to Know About Shopify (SHOP) Rating Upgrade to Strong Buy19 Oct
  • Here is What to Know Beyond Why Shopify Inc. (SHOP) is a Trending Stock19 Oct
  • Shopify Q3 Preview: A Great But Already Expensive Business19 Oct
  • Microsoft, Shopify and 3 more AI stocks that are favorite Wall Street earnings plays17 Oct
  • National Health Investors: Down 28% Since February, But Bear Case Now Looks Weak17 Oct

Mentions in Filings

  • … key funding sources or commercial partner; adverse economic conditions resulting in decreased consumer demand; the growth and development of key commercial partner relationships, including our relationships with Amazon, <strong>Shopify</strong> and Apple Pay, among others; material cybe y rsecurity incidents; and changes in our earnings estimates (if provided). Also, the publication of research reports about our industry, r litigation and government investigatio …
    Affirm Holdings, Inc.Shopify Inc. Class A·ARS - Annual report to security holders·FY26·23 Oct
  • … Schedule L, Line 17 Other Current Liabilities Beginning Ending Loan Fundraiser . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 22,316. $ 23,413. <strong>Shopify</strong> Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 370. 1,185. Square Loan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . …
    Multicook LA, LLCShopify Inc. Class A·EX-99 - C-AR - ANNUAL REPORT FOR FISCAL YEAR ENDED DECEMBER 31, 2025 (REDACTED) FY 2025·FY25·22 Oct
  • … al intensive model of hardware and focusing on our AI data product. Our plan is lease all 20 PopShop machines powered by the Popcom API. Our target market includes the following: PopShop and PopBox (SMBs): Similar to <strong>Shopify</strong>, the PopShop is focused on in-person shopping by making it simple for anyone to spin up their own physical retail store. The ideal customer is Mature brands and small businesses with $500k - $5M in annual sales who have …
    Solutions Vending International, Inc.Shopify Inc. Class A·EX-99 - C-AR/A - Annual report (crowdfunding, amendment) FY 2024·FY24·22 Oct
  • … al intensive model of hardware and focusing on our AI data product. Our plan is lease all 20 PopShop machines powered by the Popcom API. Our target market includes the following: PopShop and PopBox (SMBs): Similar to <strong>Shopify</strong>, the PopShop is focused on in-person shopping by making it simple for anyone to spin up their own physical retail store. The ideal customer is Mature brands and small businesses with $500k - $5M in annual sales who have …
    Solutions Vending International, Inc.Shopify Inc. Class A·EX-99 - C-AR/A - Annual report (crowdfunding, amendment) FY 2023·FY23·22 Oct
  • … ll Balance Co., Ltd. Business Description: Online shop operation consulting, production support, and growth support. (2) Main reasons for the business combination Full Balance Inc. has been selected as one of the few "<strong>Shopify</strong> Platinum Partners" in Japan, and in 2024 it received the "Shopify Partner of the Year" award. It boasts top-class technical capabilities and achievements in Japan, and operates businesses that are highly compatible with o …
    Appirits Inc.Shopify Inc. Class A·Interim Report - Semi-Annual Report (2026.02.01-2027.01.31)·14 Sep·14 Sep
  • … | | | | --- | | Market Linked Securities—Auto-Callable with Contingent Coupon with Memory Feature and Contingent Downside Principal at Risk Securities Linked to the Lowest Performing of the Class A Common Stock of Meta Platforms, Inc., the Class A Subordinate Voting Shares of <strong>Shopify Inc.</strong> and the Common Stock of Super Micro Computer, Inc. due November 1, 2029 Term Sheet to Preliminary Pricing Supplement dated October 23, 2026 | Summary of Terms …
    BANK OF MONTREAL /CAN/Shopify Inc. Class A·FWP - WFC ARC 7557 TERMSHEET·Q4 26·23 Oct

Key Stats

Trading

Px/Chg 1D$151.39 / +1.54%
Prev Close$152.90
% of 52Wk H80.89%
Avg Volume10.16M
Beta1.37
Mkt Cap196.45B
FD Mkt Cap191.24B

Float

Shrs Out/Float1.30B / 1.22B
Short Float0.02%
Days to Cover2.21
Stock Repurchased$491.00M

Current Valuation

EV194.78B
EV/EBITDA332.38
EV/Sales15.75
P/B15.66
P/S15.89
FCF Yield0.24%
ROE-4.63%
ROA-4.10%
Current Ratio6.20

Estimates

P/E147.49
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings135.32-16.93748.0660.59222.99-338.13
Price / Sales29.0610.4613.9913.7845.1261.97
Price / Book Value11.317.1110.8910.5812.3015.66
Price / Free Cash Flow103.03-315.00109.1176.60231.72412.71
ENTERPRISE VALUE METRICS
Enterprise Value127,579.458,337.298,480.8121,965.8164,335.8194,777.5
Enterprise Value / Sales28.8610.4213.9513.7344.7561.44
Enterprise Value / EBITDA136.69-98.21683.8991.16317.25-310.65
Enterprise Value / EBIT270.79-84.921,330.8293.68321.60-307.22

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue25.8%4,611.95,600.07,060.08,880.011,556.0
Gross Income22.3%2,481.12,754.03,515.04,472.05,555.0
EBITDA-16.8%3,208.1-594.0144.01,338.01,540.0
EBIT-16.8%3,141.7-687.074.01,302.01,509.0
Net Income-19.4%2,914.7-3,460.0132.02,019.01,231.0
EPS (Diluted)-19.8%2.27-2.730.101.550.94
BALANCE SHEET
Cash & ST Inv-7.2%7,768.15,053.05,008.05,479.05,767.0
Total Assets3.3%13,340.210,757.011,299.013,924.015,189.0
Total Liabilities-6.1%2,206.82,518.02,233.02,366.01,716.0
Total Shareholder Equity4.9%11,133.38,239.09,066.011,558.013,473.0
CASH FLOW
Net Operating Cash Flow39.6%535.7-136.0944.01,616.02,033.0
Cap Ex-15.4%-50.8-50.0-39.0-19.0-26.0
Free Cash Flow42.6%484.9-186.0905.01,597.02,007.0

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)168.69
Basic Shares1,297.65
Market Cap218,901.4
Diluted Shares1,303.36
Fully Diluted Shares Outstanding1,303.36
Fully Diluted Market Cap219,863.4
+Consolidated Debt179.6
−In-the-Money Convertible Debt—
+Capital Leases163.5
+Operating Leases—
−Cash & Equivalents-1,854.1
−Short-term Investments-3,907.8
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value217,226.9

Segment data

Revenue

by Products and services

  • Service76%
  • Subscription And Circulation24%

Revenue

by Geography

  • United States64%
  • Emea19%
  • Apac10%
  • Canada5%
  • Latin America1%

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