Shopify Inc. (SHOP) operating KPIs
SHOPNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
$157.49−9.40 (-5.63%)
Close on Oct 30, 2026Market cap $202.63BP/E 105.7Yield –
Shopify merchant Base Share — United States (%) (%)
Annual figures from Shopify's filings and investor materials
Latest, FY2025
44.0%
Period ended Dec 31, 2025
Change on a year earlier
-1.0 pts
45.0% in FY2024
History
7 years
Since FY2016
Sources
7
Documents cited below
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Merchant Base Share — United States (%) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 44.0% | -1.0 pts | Form 10-K FY2025 (filed 2026-02-11) ↗ |
| FY2024 | Dec 31, 2024 | 45.0% | – | Form 10-K FY2024 (filed 2025-02-11) ↗ |
| FY2020 | Dec 31, 2020 | 50.0% | -2.0 pts | Form 40-F FY2020 (filed 2021-02-17) ↗ |
| FY2019 | Dec 31, 2019 | 52.0% | -3.0 pts | Form 40-F FY2019 (filed 2020-02-12) ↗ |
| FY2018 | Dec 31, 2018 | 55.0% | -1.0 pts | Form 40-F FY2018 (filed 2019-02-12) ↗ |
| FY2017 | Dec 31, 2017 | 56.0% | -2.0 pts | Form 40-F FY2017 (filed 2018-02-15) ↗ |
| FY2016 | Dec 31, 2016 | 58.0% | – | Form 40-F FY2016 (filed 2017-02-15) ↗ |
Cite this data
StockData. (2026). Shopify Merchant Base Share — United States (%) (%), annual FY2016–FY2025 [Data set]. Compiled from Shopify SEC filings and investor materials. https://stockdatahq.com/stocks/shop/kpis/merchant_mix_us_pct
See every metric in the Shopify KPI table. Data updated Oct 25, 2026.