SHOPIFY INC.
SHOPNasdaq
$123.56
↓ -1.2%Jul 17 close · end-of-day
Price
1Y↑ +3.0%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$161.0B
Enterprise Value
$155.3B
P/E
121.1
P/S
13.0
P/B
12.9
EV/EBITDA
92.6
PEG
—
FCF Yield
1.3%
Dividend Yield
—
Revenue (TTM)
$12.4B
Net Income (TTM)
$1.3B
Free Cash Flow (TTM)
$2.1B
Gross Margin
48.0%
Operating Margin
13.3%
Net Margin
10.8%
ROE
10.7%
ROIC
19.3%
Debt / Equity
—
Net Cash
$5.7B
Return 1Y
-2.5%
Company profile
Shopify provides commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.
- CEO
- Tobias A. Lütke
- Sector
- Services
- Industry
- Computer Software
- Employees
- 11,600
- Headquarters
- Ontario
- Website
- shopify.com
Earnings
SHOP Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$3.2B↑ +34.3%
Diluted EPS-$0.45↓ -15.1%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $2.9B | $4.6B | $5.6B | $7.1B | $8.9B | $11.6B |
| Gross profit | $1.5B | $2.5B | $2.8B | $3.5B | $4.5B | $5.6B |
| Operating income | $90.2M | $268.6M | -$822.0M | -$1.4B | $1.1B | $1.5B |
| Net income | $319.5M | $2.9B | -$3.5B | $132.0M | $2.0B | $1.2B |
| Diluted EPS | $2.59 | $2.29 | -$2.73 | $0.10 | $1.55 | $0.94 |
| Operating cash flow | $425.0M | $535.7M | -$136.0M | $944.0M | $1.6B | $2.0B |
| Free cash flow | $383.2M | $484.9M | -$186.0M | $905.0M | $1.6B | $2.0B |
| Gross margin | 52.6% | 53.8% | 49.2% | 49.8% | 50.4% | 48.1% |
| Operating margin | 3.1% | 5.8% | -14.7% | -20.1% | 12.1% | 12.7% |
| Net margin | 10.9% | 63.2% | -61.8% | 1.9% | 22.7% | 10.7% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0B | $2.2B | $2.8B | $2.4B | $2.7B | $2.8B | $3.7B | $3.2B |
| Gross profit | $1.0B | $1.1B | $1.4B | $1.2B | $1.3B | $1.4B | $1.7B | $1.5B |
| Operating income | $241.0M | $283.0M | $465.0M | $203.0M | $291.0M | $343.0M | $631.0M | $382.0M |
| Net income | $171.0M | $828.0M | $1.3B | -$682.0M | $906.0M | $264.0M | $743.0M | -$581.0M |
| Diluted EPS | $0.13 | $0.64 | $0.99 | -$0.53 | $0.69 | $0.20 | $0.58 | -$0.45 |
| Operating cash flow | $340.0M | $423.0M | $615.0M | $367.0M | $428.0M | $513.0M | $725.0M | $481.0M |
| Free cash flow | $333.0M | $421.0M | $611.0M | $363.0M | $422.0M | $507.0M | $715.0M | $476.0M |
| Gross margin | 51.1% | 51.7% | 48.1% | 49.5% | 48.6% | 48.9% | 46.1% | 48.8% |
| Operating margin | 11.8% | 13.1% | 16.5% | 8.6% | 10.9% | 12.1% | 17.2% | 12.1% |
| Net margin | 8.4% | 38.3% | 46.0% | -28.9% | 33.8% | 9.3% | 20.2% | -18.3% |
Company news
Jul 20, 2026
Jul 19, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
No insider transactions in the last 12 months.
No insider transactions on file.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.