Shopify Inc.

Shopify Inc.

307.F
Shopify Inc.undefined flagFrankfurt Stock Exchange
105.20
EUR
+0.66
- -
136.51BMarket Cap
Shopify Inc.
307.F
(Frankfurt Stock Exchange)

Recent

price

105.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.04
0.04
0.09
0.33
0.46
0.7
1.02
1.4
2.45
3.7
4.42
5.51
6.86
8.86
9.51
Revenue per Share
- -
- -
-0.02
-0.03
-0.04
-0.04
-0.06
-0.11
0.27
2.34
-2.73
0.1
1.56
0.94
1.02
Basic EPS, GAAP
- -
- -
-0.02
-0.01
-0.01
-0.02
-0.03
0.01
0.32
0.39
-0.15
0.71
1.23
1.54
1.63
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
-0.02
0.3
0.46
1
1.92
2.61
5.13
8.81
6.5
6.88
8.7
10.15
9.42
Book Value per Share
- -
- -
-0.02
0.3
0.46
1.01
1.92
2.24
4.98
8.53
4.75
6.72
8.56
9.93
9.21
Tangible Book Value per Share
661
1,196
1,196
617
840
958
1,057
1,130
1,196
1,247
1,266
1,282
1,295
1,304
1,301
Basic Weighted Avg Shares
24
50
105
205
389
673
1,073
1,578
2,929
4,612
5,600
7,060
8,880
11,556
12,366
Sales/Revenue/Turnover
-6.38
-8.5
-20.58
-8.65
-9.55
-7.3
-8.56
-7.35
4.85
7.6
-12.27
1.05
14.66
16.31
17.02
Operating Margin (%)
1
2
5
7
14
23
27
36
70
66
93
70
36
31
30
Depreciation Expense
-1
-5
-22
-19
-35
-40
-65
-125
320
2,915
-3,460
132
2,019
1,231
1,332
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
7.19
- -
28.65
9.38
18.42
19.03
Effective Tax Rate (%)
-5.2
-9.63
-21.24
-9.16
-9.08
-5.94
-6.01
-7.91
10.91
63.2
-61.79
1.87
22.74
10.65
10.77
Profit Margin (%)
- -
78
49
165
356
931
1,990
2,426
6,439
7,837
5,194
5,377
5,298
6,904
7,124
Working Capital
- -
- -
7
10
13
15
22
143
903
1,158
1,378
1,133
190
171
163
LT Debt
- -
85
68
195
410
1,001
2,091
3,016
6,401
11,133
8,239
9,066
11,558
13,473
12,501
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
3.3
- -
0.53
10.21
11.49
13.71
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
30.38
- -
1.35
18.07
9.54
10.94
Return on Capital (%)
- -
- -
- -
- -
-12.43
-5.97
-4.33
-5.01
7.04
34.07
-36.04
1.55
20.12
10.05
11.57
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
939
17
16
LT Borrowings
- -
- -
- -
LT Finance Leases
176
171
163
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,301
1,304
1,301
Market Capitalization
192,100
216,797
154,193

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
8,705
8,296
8,495
Cash, Cash Equivalents & STI
6,349
5,767
5,743
Accounts Receivable, Net
79
421
99
Inventories
- -
21
- -
Total Current Liabilities
2,213
1,392
1,371
Payables & Accruals
974
906
1,034
ST Debt
939
17
16
Deferred Revenue
300
300
321

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
62.14%
20.41%
16.57%
Free Cash Flow
410.06%
-119.23%
25.67%
Net Income, GAAP
178.04%
376.04%
-39.03%
Sales/Revenue/Turnover
51.56%
32.17%
30.14%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,861
2,045
2,162
2,812
8,880
2025
2,360
2,680
2,844
3,672
11,556
2026
3,170
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.21
0.13
0.64
1
1.56
2025
-0.53
0.7
- -
0.57
0.94
2026
-0.45
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Shopify Inc. (Ticker: 307.F) provides a cloud-based commerce platform that enables merchants to start, scale, market, and run retail businesses of all sizes online, in physical stores, and across multiple channels worldwide. Founded in 2006 and headquartered in Ottawa, Ontario, Canada, the company offers core products and services including the Shopify platform for building customizable online stores with AI-powered design tools, inventory management, order processing, and payments; Shopify Payments for integrated payment processing without third-party gateways; Shopify POS for point-of-sale systems syncing online and offline sales; Shopify Plus for enterprise merchants with advanced scalability, API limits, and dedicated support; Shopify Checkout, a fast and customizable checkout optimized for conversions; Shop Pay, a one-click accelerated checkout with over 150 million users; Shopify Email for marketing campaigns; Shopify Shipping and Markets for international fulfillment and localization; Shopify Admin for centralized back-office management; and a robust App Store with over 16,000 apps covering marketing automation, sales channels like Amazon and TikTok, inventory tools, customer engagement, analytics, and checkout customizations such as Checkout Blocks. The platform supports dropshipping, print-on-demand, wholesale via integrations like Faire, and multichannel selling across desktop, mobile, social media, and in-person, serving over 5 million customers including major brands like Tesla, LVMH, Nestlé, PepsiCo, and Whole Foods Market, with operations in more than 175 countries and 57% of 2024's US$292.3 billion in processed transactions occurring in the United States. Recent developments include transferring its U.S. listing from the NYSE to the Nasdaq Global Select Market in March 2025, becoming a Nasdaq-100 component in May 2025, and achieving record-breaking $14.6 billion in Black Friday-Cyber Monday sales for merchants in 2025; strategic partnerships such as with Google Cloud and Cognizant in April 2024 for end-to-end digital commerce, expanded PayPal integration in September 2024 for streamlined processing, Adyen in June 2023 for global enterprises, and Anatta in January 2025 for migrations; acquisitions of Checkout Blocks and Threads in June 2024 to enhance checkout extensibility and business communication; onboarding partners like Pivotree in August 2024; a $100 million investment in Klaviyo in 2022 naming it the recommended email partner for Shopify Plus; selling its logistics arm including Deliverr to Flexport in May 2023, securing a 13% stake and preferred partnership status; migrating all apps to React Native over the last five years for cross-platform code efficiency; and Q2 2025 revenue of $2.68 billion with 31% growth driven by international and enterprise gains.