Shopify Inc., stylized as shopify, is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario that operates a platform for retail point-of-sale systems. The company has over 5 million customers and processed US$292.3 billion in transactions in 2024, of which 57% was in the United States. Major customers include Tesla, LVMH, Nestlé, PepsiCo, AB InBev, Kraft Heinz, Lindt, Whole Foods Market, Red Bull, and Hyatt.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| SHOP | SHOPIFY INC. | 2026-05-22 15:25:02 | 103.12 | -1.7 | -1.62 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SHOP | 0001594805 | SHOPIFY INC. | CA82509L1076 | 549300HGQ43STJLLP808 | — | Nasdaq | 7372 | Services-Prepackaged Software | 1231 | Z4 | 151 O'CONNOR STREET | OTTAWA | A6 | K2P 2L8 | CANADA | CA | 613-241-2828 | 151 O'CONNOR STREET, OTTAWA, A6, K2P 2L8 | 151 O'CONNOR STREET, OTTAWA, A6, K2P 2L8 | — | E-commerce | 2006 | Tobias Lütke | 7,600 | https://www.shopify.com/ | 140,315,345,495 | 0 | — | Shopify Inc., stylized as shopify, is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario that operates a platform for retail point-of-sale systems. The company has over 5 million customers and processed US$292.3 billion in transactions in 2024, of which 57% was in the United States. Major customers include Tesla, LVMH, Nestlé, PepsiCo, AB InBev, Kraft Heinz, Lindt, Whole Foods Market, Red Bull, and Hyatt. | 2026-05-21 15:11:25 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 140,315,345,495 | 60,521,847,690 | 75.8481 | — | — | — |
| 2024 | 79,793,497,805 | 79,793,497,805 | 100 | — | — | — |
| Fiscal Year | Employee Count |
|---|---|
| 2025 | 7,600 |
| 2024 | 8,100 |
| Fiscal Year | 2025 | 2024 |
|---|---|---|
| Revenue | 11,556,000,000 | 8,880,000,000 |
| Cost Of Revenue | 6,001,000,000 | 4,408,000,000 |
| Gross Profit | 5,555,000,000 | 4,472,000,000 |
| Research And Development Expenses | 1,536,000,000 | 1,367,000,000 |
| General And Administrative Expenses | 471,000,000 | 410,000,000 |
| Operating Expenses | 4,087,000,000 | 3,397,000,000 |
| Operating Income | 1,468,000,000 | 1,075,000,000 |
| Net Income | 1,231,000,000 | 2,019,000,000 |
| Earnings Per Share Basic | 0.95 | 1.57 |
| Earnings Per Share Diluted | 0.94 | 1.55 |
| Weighted Average Shares Outstanding Basic | 1,298,955,860 | 1,289,812,124 |
| Weighted Average Shares Outstanding Diluted | 1,304,953,255 | 1,301,509,980 |
| Fiscal Year | 2025 | 2024 |
|---|---|---|
| Cash And Cash Equivalents | 1,545,000,000 | 1,498,000,000 |
| Marketable Securities Current | 4,233,000,000 | 3,981,000,000 |
| Accounts Receivable | 500,000,000 | 342,000,000 |
| Inventories | 21,000,000 | 26,000,000 |
| Non Trade Receivables | 34,000,000 | 32,000,000 |
| Other Assets Current | 234,000,000 | 0 |
| Total Assets Current | 8,296,000,000 | 7,254,000,000 |
| Marketable Securities Non Current | 975,000,000 | 709,000,000 |
| Property Plant And Equipment | 53,000,000 | 47,000,000 |
| Other Assets Non Current | 39,000,000 | 21,000,000 |
| Total Assets Non Current | 6,893,000,000 | 6,670,000,000 |
| Total Assets | 15,189,000,000 | 13,924,000,000 |
| Accounts Payable | 570,000,000 | 360,000,000 |
| Deferred Revenue | 300,000,000 | 283,000,000 |
| Short Term Debt | — | — |
| Other Liabilities Current | 156,000,000 | 58,000,000 |
| Total Liabilities Current | 1,392,000,000 | 1,956,000,000 |
| Long Term Debt | — | 0 |
| Other Liabilities Non Current | — | — |
| Total Liabilities Non Current | 324,000,000 | 410,000,000 |
| Total Liabilities | 1,716,000,000 | 2,366,000,000 |
| Common Stock | 10,376,000,000 | 9,634,000,000 |
| Retained Earnings | 2,860,000,000 | 1,629,000,000 |
| Accumulated Other Comprehensive Income | 1,000,000 | -10,000,000 |
| Total Shareholders Equity | 13,473,000,000 | 11,558,000,000 |
| Fiscal Year | 2025 | 2024 |
|---|---|---|
| Depreciation And Amortization | 31,000,000 | 36,000,000 |
| Share Based Compensation Expense | — | — |
| Other Non Cash Income Expense | 0 | 0 |
| Change In Accounts Receivable | 219,000,000 | 148,000,000 |
| Change In Inventories | — | — |
| Change In Non Trade Receivables | — | — |
| Change In Other Assets | 38,000,000 | 72,000,000 |
| Change In Accounts Payable | 262,000,000 | 110,000,000 |
| Change In Other Liabilities | — | — |
| Cash From Operating Activities | 2,033,000,000 | 1,616,000,000 |
| Purchases Of Marketable Securities | 7,040,000,000 | 8,396,000,000 |
| Sales Of Marketable Securities | 6,552,000,000 | 7,457,000,000 |
| Acquisition Of Property Plant And Equipment | 26,000,000 | 19,000,000 |
| Acquisition Of Business | 56,000,000 | 30,000,000 |
| Other Investing Activities | -58,000,000 | -3,000,000 |
| Cash From Investing Activities | -1,190,000,000 | -1,586,000,000 |
| Tax Withholding For Share Based Compensation | — | — |
| Payments Of Dividends | — | — |
| Issuance Of Common Stock | 0 | 61,000,000 |
| Repurchase Of Common Stock | — | — |
| Issuance Of Long Term Debt | — | — |
| Repayment Of Long Term Debt | — | — |
| Other Financing Activities | — | — |
| Cash From Financing Activities | -811,000,000 | 61,000,000 |
| Change In Cash | 47,000,000 | 85,000,000 |
| Cash At End Of Period | 1,545,000,000 | 1,498,000,000 |
| Income Taxes Paid | 194,000,000 | 116,000,000 |
| Interest Paid | 1,000,000 | 1,000,000 |
| Fiscal Year | 2025 |
|---|---|
| Earnings Per Share | 0.95 |
| Price To Earnings Ratio | 169.4421 |
| Earnings Growth Rate | -39.4904 |
| Price Earnings To Growth Ratio | -4.2907 |
| Book Value Per Share | 10.3722 |
| Price To Book Ratio | 15.5194 |
| Ebitda | 1,459,000,000 |
| Enterprise Value | — |
| Dividend Yield | — |
| Dividend Payout Ratio | — |
| Debt To Equity Ratio | — |
| Capital Expenditures | 37,000,000 |
| Free Cash Flow | 1,996,000,000 |
| Return On Equity | 0.0914 |
| One Year Beta | 2.2243 |
| Three Year Beta | 2.2083 |
| Five Year Beta | 2.2809 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Shopify Strategic Holdings 3 LLC | 10% owner | 2026-01-29 | 344,383 | D | 2,066,293 |
| Shopify Strategic Holdings 3 LLC | 10% owner | 2026-01-29 | 344,383 | A | 16,628,727 |
| Shopify Strategic Holdings 3 LLC | 10% owner | 2025-11-14 | 344,381 | D | 2,410,676 |
| Shopify Strategic Holdings 3 LLC | 10% owner | 2025-11-14 | 344,381 | A | 16,284,344 |
| Shopify Strategic Holdings 3 LLC | 10% owner | 2025-07-28 | 344,383 | D | 2,755,057 |
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Markwayne Mullin | Senator | 2025-08-13 | Purchase | 2023-01-03 | Spouse | $1,001 - $15,000 |
| Markwayne Mullin | Senator | 2025-08-12 | Sale (Full) | 2024-01-04 | Spouse | $1,001 - $15,000 |
| Markwayne Mullin | Senator | 2024-01-26 | Sale (Partial) | 2023-12-22 | Self | $1,001 - $15,000 |
| Patrick J Toomey | Senator | 2021-08-05 | Purchase | 2020-12-22 | Child | $1,001 - $15,000 |
| Patrick J Toomey | Senator | 2021-02-08 | Sale (Full) | 2021-01-27 | Child | $1,001 - $15,000 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Jonathan Jackson | 2026-03-12 | IL01 | Sale | 2026-02-03 | — | $1,001 - $15,000 |
| Jonathan Jackson | 2026-02-23 | IL01 | Sale | 2026-01-30 | Joint | $50,001 - $100,000 |
| Jonathan Jackson | 2026-01-08 | IL01 | Purchase | 2025-12-08 | Joint | $50,001 - $100,000 |
| Jonathan Jackson | 2025-11-10 | IL01 | Purchase | 2025-10-06 | Joint | $15,001 - $50,000 |
| Jonathan Jackson | 2025-11-10 | IL01 | Purchase | 2025-10-08 | — | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Evolutionary Tree Capital Management, LLC | 2026-03-31 | 859,402 | 7,245 | 118.62 |
| VERUS CAPITAL PARTNERS, LLC | 2026-03-31 | 280,536 | 2,365 | 118.6199 |
| CTC LLC | 2026-03-31 | 1,423,440 | 120 | 11,862 |
| CTC LLC | 2026-03-31 | 1,008,270 | 85 | 11,862 |
| Liontrust Investment Partners LLP | 2026-03-31 | 18,165,823 | 153,143 | 118.62 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| AQR Funds | 2026-03-31 | Class N | QSPNX | -92,254 | -10,946,334.01 | -0.4823 |
| AQR Funds | 2026-03-31 | Class I | QSPIX | -92,254 | -10,946,334.01 | -0.4823 |
| AQR Funds | 2026-03-31 | Class R6 | QICRX | 28,324 | 3,360,764.46 | 0.4442 |
| AQR Funds | 2026-03-31 | Class N | QICNX | 28,324 | 3,360,764.46 | 0.4442 |
| AQR Funds | 2026-03-31 | Class I | QICLX | 28,324 | 3,360,764.46 | 0.4442 |