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Shopify Overview

Company: Shopify
CEO: Tobias Lutke
Symbol: SHOP
Exchange: NASDAQ
Industry: Software - Application
Sector: Technology
About

Shopify, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels,luding web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, whichlude accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies and changed its name to Shopify in November 2011. Shopify wasorporated in 2004 and is headquartered in Ottawa, Canada.

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Shopify (SHOP)

  • Stock Price
  • Volume
123.03 -1.77 -1.41%
Past 5 Years
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Revenue

Shopify annual revenue was $11.56 B in 2025.

Net Income

Shopify annual net income was $1.23 B in 2025.

Employees

Shopify annual employee count was 7,600 in 2025.

Revenue by Segment

Shopify’s revenue by segment: Service: $8.80 B and Subscription and Circulation: $2.75 B in 2025.

Revenue by Region

Shopify’s revenue by region: APAC: $842.51 M, Canada: $459.81 M, EMEA: $1.63 B, Latin America: $92.34 M and United States: $5.43 B in 2024.

Revenue per Employee

Shopify revenue per employee was $1.52 M in 2025.

Profit per Employee

Shopify profit per employee was $161.97 K in 2025.

Income Statement

Operating Income

Shopify annual operating income was $1.47 B in 2025.

Research & Development

Shopify annual research & development expense was $1.54 B in 2025.

Tax Rate (%)

Shopify annual Tax Rate was 18.00% in 2025.

Assets & Liabilities | Cash Flow

Total Assets

Shopify annual total assets was $15.19 B in 2025.

Total Liabilities

Shopify annual total liabilities was $1.72 B in 2025.

Capital Expenditure

Shopify annual capital expenditures was -$26.00 M in 2025.

Ratios

Return on Equity (ROE)

Shopify annual return on equity(ROE) was 9.14% in 2025.

Return on Assets (ROA)

Shopify annual return on assets(ROA) was 8.10% in 2025.

Debt to Equity

Shopify annual debt to equity was 1.40% in 2025.

Profitability

Gross Profit Margin (%)

Shopify annual gross profit margin was 48.07% in 2025.

Operating Income Margin (%)

Shopify annual operating income margin was 12.70% in 2025.

Net Income Margin (%)

Shopify annual net income margin was 10.65% in 2025.

Earning Per Share

Shopify annual earning per share was $0.95 in 2025.

EBITDA

Shopify annual EBITDA was $1.50 B in 2025.

Free Cash Flow (FCF)

Shopify annual free cash flow(FCF) was $2.01 B in 2025.

Valuation

Enterprise value

Shopify annual enterprise value was $207.75 B in 2025.

Enterprise value to Revenue

Shopify annual enterprise value to revenue was 17.98 in 2025.

Enterprise value to EBITDA

Shopify annual enterprise value to EBITDA was 138.59 in 2025.

Competitors’ Revenue

Frequently Asked Questions

Who is the CEO of Shopify?

Tobias Lutke is the CEO of Shopify.

What industry and sector is Shopify in?

Shopify operates in the Software - Application industry and the Technology sector.

What are Shopify's CIK, SIC, and ISIN codes?

  • CIK (Central Index Key): 0001594805
  • SIC (Standard Industrial Classification):
  • ISIN (International Securities Identification Number): CA82509L1076

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How many employees does Shopify have?

Shopify has 7,600 employees.

What is the revenue of Shopify?

In fiscal year 2025, Shopify generated a revenue of $11.56 Billion.

What is the net income of Shopify?

In fiscal year 2025, Shopify reported a net income of $1.23 Billion.

What is Shopify's biggest product segment?

Service is Shopify's biggest product segment, representing 76.19% of its total revenue.

When was Shopify listed on the stock exchange?

Shopify went public on May 20, 2015, through its Initial Public Offering (IPO), and it has been 11 years since then.

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What is the ticker symbol of Shopify, and where is it listed?

Shopify's ticker symbol is SHOP, and the company is listed on the NASDAQ stock market exchange.

What is Shopify's current stock price?

Shopify's current stock price is $123.07 as of Jun 1, 2026.

What is Shopify's market capitalization?

As of , Shopify's market cap is .

What is Shopify's ranking in the world?

Ranked #37among 4,114 companies based on market cap.

Who are the top competitors of Shopify?

Competitors of Shopify include Workday, Salesforce and Uber Technologies, and more.

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