Shopify Inc.

Shopify Inc.

236.60
CAD
-8.52
(-3.48%)
2.10EPS
77.01P/E
208.97BMarket Cap
Nov 03Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
10.21
Basic EPS, GAAP
- -
-0.02
-0.03
-0.04
-0.04
-0.06
-0.11
0.27
2.34
-2.73
0.1
1.56
0.94
1.48
Free Cash Flow per Basic Share
- -
-0.02
-0.01
-0.01
-0.02
-0.03
0.01
0.32
0.39
-0.15
0.71
1.23
1.54
1.81
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-0.03
0.24
0.46
1
1.89
2.59
5.22
8.84
6.46
7.05
8.93
10.33
9.84
Tangible Book Value per Share
-0.01
-0.04
0.23
0.43
0.96
1.84
2.18
4.86
8.45
4.72
6.69
8.56
9.93
9.44
Basic Weighted Avg Shares
1,196
1,196
617
840
958
1,057
1,130
1,196
1,247
1,266
1,282
1,295
1,304
1,300
Sales/Revenue/Turnover
50
105
205
389
673
1,073
1,578
2,929
4,612
5,600
7,060
8,880
11,556
13,269
Operating Margin (%)
-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
17.81
Depreciation Expense
2
5
7
14
23
27
36
70
66
93
70
36
31
29
Net Income, GAAP
-5
-22
-19
-35
-40
-65
-125
320
2,915
-3,460
132
2,019
1,231
1,928
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
7.19
- -
28.65
9.38
18.42
17.64
Profit Margin (%)
-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
14.53
Working Capital
78
49
165
356
931
1,990
2,426
6,439
7,837
5,194
5,377
5,298
6,904
6,356
LT Debt
- -
7
10
13
15
22
143
903
1,158
1,378
1,133
190
171
168
Total Equity
85
68
195
410
1,001
2,091
3,016
6,401
11,133
8,239
9,066
11,558
13,473
12,684
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
2.53
- -
-10.16
8.43
8.95
11.63
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
29.72
- -
1.33
17.63
9.35
14.76
Return on Common Equity (%)
- -
- -
- -
-11.67
-5.67
-4.18
-4.89
6.79
33.25
-35.72
1.53
19.58
9.84
15.54

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
17
16
10
LT Borrowings
- -
- -
- -
LT Finance Leases
171
163
168
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,304
1,301
1,289
Market Capitalization
209,898
154,240
147,242

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8,296
8,495
7,816
Cash, Cash Equivalents & STI
5,767
5,743
4,947
Accounts Receivable, Net
421
99
490
Inventories
21
- -
- -
Total Current Liabilities
1,392
1,371
1,460
Payables & Accruals
906
1,034
1,115
ST Debt
17
16
10
Deferred Revenue
300
321
335

Growth Rates

USD

•

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

USD

•

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
3,583
- -
- -
- -

Quarterly Earnings Per Share

USD

•

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
0.2
0.57
0.94
2026
-0.45
1.16
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

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
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 Shares Sold by Diversify Advisory Services LLC

  • Octane AI Launches Phoenix, an AI Quiz Builder That Builds, Checks and Improves Quizzes for Shopify Brands

  • 33,334 Shopify Inc. $SHOP Shares Sold by Louisbourg Investments Inc.

  • Shopify Inc. $SHOP Holdings Raised by Carnegie Investment Counsel

  • Shopify (SHOP) Exceeds Market Returns: Some Facts to Consider

  • Shopify Just Rallied 35% in a Month: Take Profits, or Buy More?

  • BEKE or SHOP: Which Is the Better Value Stock Right Now?

  • Bull of the Day: Shopify (SHOP)

  • Shopify vs. Target: Which Technology Stock Is a Better Buy in 2026?

  • Is it Too Late to Buy Shopify Stock Right Now?

  • All You Need to Know About Shopify (SHOP) Rating Upgrade to Strong Buy

  • Here is What to Know Beyond Why Shopify Inc. (SHOP) is a Trending Stock

  • Shopify Q3 Preview: A Great But Already Expensive Business

  • Microsoft, Shopify and 3 more AI stocks that are favorite Wall Street earnings plays

  • National Health Investors: Down 28% Since February, But Bear Case Now Looks Weak

  • Could Shopify Stock Repeat Amazon's Run Since 2007?

  • Shopify Price Hikes Signal Pricing Power as JPMorgan Keeps $200 Bullish Target

  • Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now

  • Would You Have Held Shopify Through an 86.6% Crash? Here's What Happened Next

  • eBay Jumps 5% on Takeover Speculation; Etsy Rallies 7%, Shopify Holds Flat