Shopify Inc. (SHOP) stock

SHOPNasdaqServices-Prepackaged SoftwareFiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 12/30

$147.09+0.31 (+0.21%)

Close on Nov 13, 2026Market cap $189.25BP/E 98.7Yield –

Shopify EV/EBITDA

EV/EBITDA is enterprise value divided by EBITDA over the trailing twelve months.

Shopify's EV/EBITDA was 101.0× on Nov 11, 2026, against 150.5× a year earlier. Over the last 3 years it ranged from 79.2× to 917.9×, with a median of 117.8×.

EV/EBITDA at the end of each year

Period	Period end	Value	Change (pts)
2026	Nov 11, 2026	101.0×	−51.7
2025	Dec 31, 2025	152.8×	+11.4
2023	Feb 28, 2023	141.3×	+32.6
2022	Dec 30, 2022	108.8×	−809.1
2021	May 28, 2021	917.9×	–

Where these numbers come from

Parsed from the XBRL in Shopify's annual and quarterly filings with the SEC
Per-share figures adjusted for the 10-for-1 split on Feb 16, 2023
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing

Against peers

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is SHOP.

Compare: SHOP vs XYZ · SHOP vs ADBE · SHOP vs NOW · SHOP vs CRWV · SHOP vs INTU

Revenue growth32.5% · median 13.9%

Gross margin47.8% · median 69.9%

Operating margin13.9% · median 9.7%

Net margin14.5% · median 9.4%

Company	Revenue	Growth
ADBE	$25.97B	+12.0%
XYZ	$25.04B	+5.1%
INTU	$21.45B	+13.9%
NOW	$15.43B	+21.8%
SHOP	$13.27B	+32.5%
CRWV	$9.89B	+129.6%

Company

Next earnings (est.): Feb 10, 2027, before open
Exchange: Nasdaq
Industry: Services-Prepackaged Software
Fiscal year ends: December 31
Employees: 7,600
Held by institutions: 65.0%
Auditor: PricewaterhouseCoopers LLP
SEC CIK: 1594805

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Shopify EV/EBITDA

EV/EBITDA at the end of each year

More Shopify figures