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The series is stated in the current share scale after splits; dividends are not included in the price
Shopify gives a merchant a ready-made online store and earns less from subscriptions than from those stores' turnover.
Revenue splits in two. Platform subscriptions are steady and predictable but smaller. Most of the money comes from merchant solutions: payment acceptance, lending, shipping and other services priced in proportion to a store's turnover. Hence the headline metric is gross merchandise volume across all stores.
Customers range from a single seller to a large brand. Small merchants arrive and leave in bulk, so what matters is not retention of an individual store but growth in total volume. The upper segment is served by a separate product at a higher price point.
The company sold its logistics arm, acknowledging it as capital-intensive and off-profile, and returned to a model without warehouses of its own. Risks are consumer spending, competition from marketplaces such as Amazon where a seller needs no site at all, and dependence on payment infrastructure. No dividend.
Based on the last 12 months of reports, through 30 June 2026
The sector median covers every company in the sector on the US market, loss-making ones included.
Share count is a period average, so market cap is approximate.
Shopify Inc. - Class A Subordinate Voting Shares (SHOP) is a company in the Technology sector; its shares trade on Nasdaq.
The price of Shopify Inc. - Class A Subordinate Voting Shares (SHOP) on November 2, 2026 is 157.39 $, −0.06 % on the day. Over 52 weeks the stock traded between 94.00 $ and 182.19 $; the price now sits 72 % of the way up that range. Over the past year the price changed by +14.04 %. The P/E ratio is 104.90, which is above the sector median (32.66). Market capitalization is 202.24 billion $, rank 6 among 166 stocks of the same industry with a known capitalization.
Shopify Inc. - Class A Subordinate Voting Shares trades on Nasdaq under the ticker SHOP. The company belongs to the Technology sector. The trading history on this page starts on 22 August 2016.
Over the past 52 weeks SHOP has traded between 94.00 $ and 182.19 $. As of 2 November 2026 the price stood 95.41 % of the way from the 52-week low to the high.
Over one year SHOP shares rose 14.04 %; over six months they rose 40.33 %. Volatility over 90 days is 57.26 %. Dividends are not included: this is price change only, as of 2 November 2026.
SHOP trades at a price-to-earnings ratio of 105, above the sector median of 32.7. Price to sales is 15.2, above the sector median of 3.4. Price to book is 15.9, above the sector median of 3.4. Calculated from reports for the period ending 30 June 2026.
Shopify Inc. - Class A Subordinate Voting Shares reported revenue of 13.3B $ and net income of 1.9B $ over the last four quarters. Net margin is 14.53 %. Revenue changed by +32.50 % year over year. Earnings per share are 1.48 $. Market capitalisation is 202.2B $.
SHOP has a return on equity of 15.20 %, above the sector median of 2.27 %. Return on assets is 13.32 %, above the sector median of 0.67 %. Operating margin is 13.90 %, above the sector median of 1.05 %.