
Shopify Inc.
SHOPNASDAQTechnologySoftware - Application
Previous close
$149.25
+$2.07 · +1.41%
SHOP company overview
Regular session · ET · Market data may be delayed.
GoAI snapshot
AI-powered factor overview
GoAI score
Hold
Wait — insufficient conviction to act
Valuation
70
Undervalued
Momentum
45
Neutral
Sentiment
63
Bullish
Risk resilience
34
High Risk
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Thesis, catalysts, evidence, and risk analysis.
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Company profile
Company websiteShopify 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.
- Industry
- Software - Application
- Sector
- Technology
- Headquarters
- CA
- CEO
- Tobias Lutke
- Listed since
- May 20, 2015
- Employees
- 7,600
Market position
Day range
Current $149.25
52-week range
Current $149.25
- Open
- $147.55
- Previous close
- $147.18
- Volume
- 4.85M
- 0.48× average
- Average volume
- 10.18M
- Average daily volume
- Market cap
- 193.67B USD
- Beta
- 2.59
- Market reference 1
- 50-day average
- $126.58
- +17.91% above average
- 200-day average
- $131.59
- +13.42% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 207.75B USD
- P/E (TTM)
- 100.17×
- P/B (TTM)
- 15.24×
- P/S (TTM)
- 14.6×
- EV / EBITDA
- 134.9×
- Earnings yield
- 0.59%
- Free cash flow yield
- 0.96%
- Dividend yield
- 0.00%
Profitability & efficiency
- Gross margin
- 47.77%
- Operating margin
- 13.90%
- Net margin
- 14.53%
- Return on equity
- 9.14%
- Return on assets
- 8.10%
- Return on invested capital
- 8.67%
Financial health
- Debt / equity
- 0.01×
- Current ratio
- 5.96×
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 11.56B USD | 8.88B USD | 7.06B USD | 5.6B USD | 4.61B USD |
| Cost of goods sold | 6B USD | 4.41B USD | 3.55B USD | 2.85B USD | 2.13B USD |
| Gross profit | 5.56B USD | 4.47B USD | 3.52B USD | 2.75B USD | 2.48B USD |
| Research and development | 1.54B USD | 1.37B USD | 1.73B USD | 1.5B USD | 854.38M USD |
| Selling, general, and administrative | 2.13B USD | 1.8B USD | 1.71B USD | 1.94B USD | 1.28B USD |
| Operating expenses | 4.09B USD | 3.4B USD | 4.93B USD | 3.58B USD | 2.21B USD |
| Interest income | 331M USD | 308M USD | 241M USD | 76.01M USD | 15.36M USD |
| Interest expense | — | — | — | 1.15M USD | 3.46M USD |
| Depreciation and amortization | 31M USD | 36M USD | 70M USD | 93M USD | 66.31M USD |
| Operating income | 1.47B USD | 1.08B USD | −1.42B USD | −822M USD | 268.64M USD |
| Net income | 1.23B USD | 2.02B USD | 132M USD | −3.46B USD | 2.91B USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 82%
- 9 beats, 2 misses, 0 met estimates
- Average EPS surprise
- +9.94%
- 11 comparable reports
- Latest EPS result
- 0.42
- Estimate 0.4 · Beat by 5.71%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Analyst price target
Average target
$166.41
11.50% upsideRating distribution
64 ratingsRecent analyst actions
SHOP news
SHOP peers
ETFs holding SHOP
Funds reporting this stock among their holdings, ordered by reported position size.
Invesco QQQ Trust, Series 1QQQ3.86B0.80%485.41B USD0.18%$713.44+0.35%
Invesco NASDAQ 100 ETFQQQM824.8M0.80%104.09B USD0.15%$293.76+0.33%
ARK Innovation ETFARKK240.5M3.76%5.56B USD0.75%$86.21+3.53%
JPMorgan Nasdaq Equity Premium Income ETFJEPQ203.81M0.49%41.45B USD0.35%$59.84+0.30%
Global X - Artificial Intelligence & Technology ETFAIQ149.28M1.46%10.26B USD0.68%$63.43+0.63%
First Trust NASDAQ-100-Technology Sector Index FundQTEC130.95M2.77%4.73B USD0.55%$314.19+0.15%
NEOS Nasdaq-100 High Income ETFQQQI114.83M0.81%14.22B USD0.68%$54.24+0.35%
ProShares UltraPro QQQTQQQ111.76M0.31%35.79B USD0.97%$71.17+0.98%
Invesco QQQ Trust, Series 1QQQ- Market value
- 3.86B
- Weight
- 0.80%
- AUM
- 485.41B USD
- Expense ratio
- 0.18%
- Price / 1D
- $713.44+0.35%
Invesco NASDAQ 100 ETFQQQM- Market value
- 824.8M
- Weight
- 0.80%
- AUM
- 104.09B USD
- Expense ratio
- 0.15%
- Price / 1D
- $293.76+0.33%
ARK Innovation ETFARKK- Market value
- 240.5M
- Weight
- 3.76%
- AUM
- 5.56B USD
- Expense ratio
- 0.75%
- Price / 1D
- $86.21+3.53%
JPMorgan Nasdaq Equity Premium Income ETFJEPQ- Market value
- 203.81M
- Weight
- 0.49%
- AUM
- 41.45B USD
- Expense ratio
- 0.35%
- Price / 1D
- $59.84+0.30%
Global X - Artificial Intelligence & Technology ETFAIQ- Market value
- 149.28M
- Weight
- 1.46%
- AUM
- 10.26B USD
- Expense ratio
- 0.68%
- Price / 1D
- $63.43+0.63%
First Trust NASDAQ-100-Technology Sector Index FundQTEC- Market value
- 130.95M
- Weight
- 2.77%
- AUM
- 4.73B USD
- Expense ratio
- 0.55%
- Price / 1D
- $314.19+0.15%
NEOS Nasdaq-100 High Income ETFQQQI- Market value
- 114.83M
- Weight
- 0.81%
- AUM
- 14.22B USD
- Expense ratio
- 0.68%
- Price / 1D
- $54.24+0.35%
ProShares UltraPro QQQTQQQ- Market value
- 111.76M
- Weight
- 0.31%
- AUM
- 35.79B USD
- Expense ratio
- 0.97%
- Price / 1D
- $71.17+0.98%
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