Shopify Inc. (SHOP) stock
Close on Nov 12, 2026Market cap $188.85BP/E 98.5Yield –
Shopify Inc. grew revenue 32.5% to $13.27B over the twelve months to Jun 30, 2026. Operating income rose 48.5% to $1.84B, moving the operating margin from 12.4% to 13.9%. Free cash flow was $2.35B, up 29.4% from a year earlier. At the latest close the market valued the company at $188.85B, 98.5 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Jun 30, 2026
Valuation
- Market cap
- $188.85B
- P/E ratio
- 98.5
- Price to sales
- 14.23
- Price to book
- 14.89
- Dividend yield
- –
- Free cash flow yield
- 1.25%
Fundamentals
- Revenue
- $13.27B
- Net income
- $1.93B
- EPS, diluted
- $1.49
- Free cash flow
- $2.35B
- Book value per share
- $9.77
- Diluted shares
- 1.30B
Trading
- Next earnings
- Feb 10, 2027 (estimated, before the open)
- Previous close
- $149.26
- Open
- $148.00
- Day's range
- $144.43 – $150.48
- Volume
- 4,926,755
- Average volume (20 days)
- 8,820,673
- Index membership
- Nasdaq-100 (since May 2025)
- Beta (5 years)
- 2.61
- 52-week range
- $94.00 – $180.88
- RSI (14 days)
- 42.4
- Volatility (1 year)
- 59.7%
- Relative volume
- 0.53×
- WACC
- 17.4%
Index membership is inferred from the holdings of funds that track each index (QQQ), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2015, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | SHOP | S&P 500 | Difference | SHOP per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -18.1% | -2.7% | −15.4 pts | ||
| 3 months | -2.4% | -1.7% | −0.7 pts | ||
| Year to date | -8.8% | +11.9% | −20.7 pts | ||
| 1 year | -6.3% | +12.0% | −18.3 pts | ||
| 3 years | +139.3% | +78.2% | +61.1 pts | +33.8% | +21.2% |
| 5 years | -12.1% | +73.2% | −85.3 pts | -2.5% | +11.6% |
| 10 years | +3601.0% | +309.6% | +3291.3 pts | +43.5% | +15.1% |
Fourteen years at a glance
Fiscal years 2012 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Shopify filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- News
- Update
- News
- Results
About Shopify
Services-Prepackaged Software
Shopify provides an integrated commerce platform that enables merchants to build, manage, and scale their businesses across multiple sales channels. Its software and services support transactions through digital storefronts, brick-and-mortar retail locations, social networks, and artificial intelligence environments. The company operates two primary segments: subscription solutions and merchant solutions. Subscription solutions offer access to various software tiers such as Basic, Grow, and enterprise-grade plans, along with Point of Sale Pro software, web themes, application sales, and custom domain registrations. Merchant solutions deliver operational tools including Shopify Payments for transaction processing and foreign currency conversion, financing products, shipping labels, point-of-sale hardware, advertising, and partner referral capabilities. Its customer base includes emerging entrepreneurs, direct-to-consumer retailers, and wholesale business-to-business sellers across numerous commercial verticals.
Company profile, executives and historyShopify stock: common questions
What is Shopify's stock price?
SHOP closed at $146.78 on Nov 12, 2026, down 1.66% on the day. Over the past 52 weeks it traded between $94.00 and $180.88.
What is Shopify's market cap?
Shopify was worth $188.85B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is SHOP's P/E ratio?
SHOP trades at 98.5 times earnings, based on diluted earnings per share of $1.49 over the twelve months to Jun 30, 2026.
How much revenue does Shopify make?
Shopify reported revenue of $13.27B for the twelve months to Jun 30, 2026, up 32.5% from a year earlier.
Does Shopify pay a dividend?
No. Shopify has not paid a cash dividend over the last twelve months.
When does Shopify report earnings next?
Shopify is expected to report Q4 FY2026 results on Feb 10, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has SHOP stock performed over the past year?
Including dividends, SHOP returned -6.3% over the past year, against +12.0% for the S&P 500.
How many SHOP shares are sold short?
19M shares were sold short at the latest FINRA report, 1.47% of the float, or 2.6 days of average trading volume.
Who are Shopify's competitors?
Companies most similar to Shopify by business, industry and size include XYZ, ADBE, NOW, CRWV, INTU.
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