Shopify Inc.

Shopify Inc.

SHOP
Shopify Inc.US flagNASDAQ Global Select
166.03
USD
+1.59
- -
215.45BMarket Cap
Shopify Inc.
SHOP
(NASDAQ Global Select)

Recent

price

166.03

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
10.21
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
1.48
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
1.81
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend 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
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
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
1,300
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
13,269
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
17.81
Operating Margin (%)
1
2
5
7
14
23
27
36
70
66
93
70
36
31
29
Depreciation Expense
-1
-5
-22
-19
-35
-40
-65
-125
320
2,915
-3,460
132
2,019
1,231
1,928
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
7.19
- -
28.65
9.38
18.42
17.64
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
14.53
Profit Margin (%)
- -
78
49
165
356
931
1,990
2,426
6,439
7,837
5,194
5,377
5,298
6,904
6,356
Working Capital
- -
- -
7
10
13
15
22
143
903
1,158
1,378
1,133
190
- -
168
LT Debt
- -
85
68
195
410
1,001
2,091
3,016
6,401
11,133
8,239
9,066
11,558
13,473
12,684
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
3.3
- -
0.53
10.21
11.56
14.9
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
29.72
- -
1.33
17.63
9.41
14.76
Return on Capital (%)
- -
- -
- -
- -
-11.67
-5.67
-4.18
-4.89
6.79
33.25
-35.72
1.53
19.58
9.84
15.54
Return on Common Equity (%)

Capital Structure

FRC

•

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
209,889
154,298
147,202

Working Capital

FRC

•

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

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
3,583
- -
- -
- -

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

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

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

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

  • Shopify to Announce Third-Quarter 2026 Financial Results

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  • Shopify Stock Rises Amid Piper Sandler's Bullish Take on Agentic Shopping

  • Shopify Is All In on AI (and Likes the Results)

  • Meta's Muse AI: Good or Bad for E-Commerce? Shopify and Amazon Are Taking Opposite Approaches.

  • The next big AI battle is all about cuteness

  • I've Covered Shopify for 5 Years. Here's Whether the Stock Is Overvalued Right Now.

  • Financial Survey: Shopify (NASDAQ:SHOP) vs. Mogo (NASDAQ:MOGO)

  • CareTrust Announces Strategic SHOP Pipeline Agreement with LNT Care Developments to Acquire 45 New UK Care Homes for £1.1 Billion

  • Chewy vs. Shopify: Which Consumer Stock Is a Better Buy in 2026?

  • Shopify debuts Canvas, a way to build online stores by chatting with AI

  • Two of Ecommerce's Biggest Names Just Launched a Silent War