Shopify Inc.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Tobias Albin Lütke
- Full Time Employees
- 7,600
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- 151 O'Connor Street Ottawa ON Canada K2P 2L8
- IPO Date
- May 21, 2015
- CIK
- 0001594805
- Website
- shopify.com
- Similar Companies
- Business
- Shopify Inc. is a Canadian multinational e-commerce technology company headquartered in Ottawa that provides a comprehensive commerce platform enabling businesses to start, grow, market, and manage retail operations globally. Its main products and services include its flagship Shopify platform, which supports online stores and physical retail point-of-sale (POS) systems; payment processing services through Shopify Payments; inventory and order management tools; shipping solutions via Shopify Shipping; and a broad marketplace for apps and themes to customize storefronts. Additionally, Shopify offers enterprise solutions through Shopify Plus, marketing tools like Shop Campaigns for customer acquisition, and domain registration services. The company serves over 5 million merchants across more than 175 countries, including major clients such as Tesla, LVMH, Nestlé, and PepsiCo, facilitating transactions exceeding $292 billion in 2024. Recent major company changes reflect a strategic shift towards artificial intelligence (AI) integration and a focus on core e-commerce technology. Shopify has divested its logistics operations by selling Deliverr and 6 River Systems to logistics firms Flexport and Ocado Group, respectively, while taking a significant equity stake in Flexport and naming it as its official logistics partner. Leadership restructuring in 2025 emphasizes operational efficiency and deeper AI adoption, highlighted by the promotion of Jess Hertz to COO to streamline execution and promote AI-powered merchant tools such as Shopify Magic and Sidekick, which automate product descriptions, customer support, and marketing functions. Shopify also launched an AI store setup tool to facilitate custom-designed themes and continues to expand its global footprint with renewed investments in AI and B2B ecommerce as key growth drivers. Founded in 2004, Shopify operates primarily in the software application and technology industry, targeting a diverse range of merchants from startups to large enterprises globally. It delivers services through a scalable cloud-based commerce platform that integrates retail sales across web, mobile, social media, and physical stores. Shopify is listed on the NASDAQ under ticker SHOP and continues to innovate within the ecommerce ecosystem by prioritizing merchant success, global expansion, and AI-driven commerce technology.
Company News
Shopify Inc. (SHOP) Q3 2026 Earnings Call Transcript
Why Shopify Stock Dove Today
Shopify Stock Just Plunged. Here's Why I'm Not Selling
Q3 Earnings & JOLTS Report on Midterm Voting Day
Shopify's Post-Earnings Drop Is Rippling Through Popular ETFs
Shopify president Harley Finkelstein: Shopping through AI channels is 'growing quite quickly'
Compared to Estimates, Shopify (SHOP) Q3 Earnings: A Look at Key Metrics
Shopify falls 9% after Q3 revenue and merchandise volume miss estimates
Shopify stock's post-earnings decline is overdone: find out more
Shopify (SHOP) Tops Q3 Earnings and Revenue Estimates
Shopify Operating Income Jumps 66%: Rapid Earnings Reaction
Shopify Plunges 17% as GMV and Subscription Revenue Miss Estimates; Wix Drops 3%, Etsy Dips
Shopify's stock slides after earnings. This is what's worrying Wall Street.
Shopify Stock Plunges. Slowing Merchandise Sales Flash a Warning Sign.
Baron Focused Growth Fund Q3 2026 Contributors And Detractors
Shopify Stock Plunges As Q3 Gross Operating Profit, Revenue Miss
Shopify Profit, Revenue Up as Merchant Volume Rises
Shopify Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Should Shopify Stock Be in Your Portfolio Pre-Q3 Earnings?
4 Internet Stocks Poised to Top Estimates This Earnings Season