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 statistics

94 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 10, 2027 (estimated, before the open)
Last ex-dividend date: No dividends
Fundamentals through: Jun 30, 2026
Share price as of: Nov 13, 2026

Valuation ratiosIndustry

Market Cap: $189.25B; $792.38M
Enterprise Value: $184.31B; $779.89M
PE Ratio: 98.72; 25.88
PS Ratio: 14.26; 2.33
PB Ratio: 14.92; 2.73
P/TBV Ratio: 15.56; 4.73
P/FCF Ratio: 80.46; 15.38
P/OCF Ratio: 79.62; 12.99

Enterprise valuationIndustry

EV / Sales: 13.89; 2.10
EV / EBITDA: 98.40; 16.18
EV / EBIT: 99.95; 21.00
EV / FCF: 78.36; 15.48

Share statisticsIndustry

Shares Outstanding: 1.29B; 59M
Shares Change (YoY): -0.13%; 1.88%
Float: 1.29B; 53M
Shares Held by Insiders: 0.00%; 13.1%
Shares Held by Institutions: 65.0%; 62.6%

Short sellingIndustry

Short Interest: 19M; –
Short Interest Change: -8.95%; -3.30%
Short % of Float: 1.47%; 5.82%
Short % of Shares Outstanding: 1.47%; 4.22%
Days to Cover: 2.59; 3.54

Stock price statisticsIndustry

52-Week High: $180.88; –
52-Week Low: $94.00; –
20-Day Moving Average: $158.46; –
50-Day Moving Average: $152.79; –
200-Day Moving Average: $130.17; –
Average True Range (14): $8.09; –
Price Change (1 Week): -1.22%; 0.50%
Price Change (1 Month): -17.4%; -1.81%
Price Change (3 Months): -1.05%; -4.67%
Price Change (6 Months): 46.7%; 0.47%
Price Change (YTD): -8.62%; -13.6%
Price Change (1 Year): -6.07%; -13.9%
Price Change (3 Years): 124.5%; -16.1%
Price Change (5 Years): -11.9%; -57.0%
Price Change (10 Years): 3781.0%; 46.4%
Average Volume (10 Days): 10M; –
Average Volume (20 Days): 8M; –
Average Volume (90 Days): 9M; –
Relative Volume: 0.47; 0.64
Relative Strength Index (14): 42.7; 47.4
Volatility (1 Year): 59.6%; 65.4%
Beta (5 Years): 2.60; 1.19

MarginsIndustry

Gross Margin: 47.8%; 55.6%
Operating Margin: 13.9%; -2.03%
Profit Margin: 14.5%; -2.58%
EBITDA Margin: 14.1%; 0.72%
FCF Margin: 17.7%; 9.88%

Returns on capitalIndustry

Return on Equity (ROE): 15.5%; 1.34%
Return on Assets (ROA): 13.3%; -3.24%
Return on Invested Capital (ROIC): 20.8%; -0.09%
Return on Capital Employed (ROCE): 14.2%; -0.55%

Financial positionIndustry

Current Ratio: 5.35; 1.37
Quick Ratio: 3.39; 0.94

GrowthIndustry

Revenue Growth (YoY): 32.5%; 9.45%
Net Income Growth (YoY): -17.8%; 9.41%
EPS Growth (YoY): -16.8%; 12.3%
FCF Growth (YoY): 29.4%; 14.3%
Revenue Growth (3Y CAGR): 27.3%; 7.44%
Revenue Growth (5Y CAGR): 31.6%; 12.3%
EPS Growth (5Y CAGR): 29.4%; 12.4%

EfficiencyIndustry

Asset Turnover: 0.91; 0.64
Revenue Per Employee: $1.75M; $394.08K
Profits Per Employee: $253.68K; -$7.02K
Employee Count: 7,600; 525
WACC: 17.6%; 10.3%

Income statement (TTM)Industry

Revenue: $13.27B; $257.79M
Gross Profit: $6.34B; $158.22M
Operating Income: $1.84B; -$638.82K
Net Income: $1.93B; -$309.55K
EBITDA: $1.87B; -$78.29K
EPS (Diluted): $1.49; $0.00

Balance sheetIndustry

Cash & Short-Term Investments: $4.95B; $41.99M
Net Cash (Debt): $4.95B; $1.76M
Net Cash Per Share: $3.84; $0.12
Equity (Book Value): $12.68B; $51.00M
Book Value Per Share: $9.86; $1.98
Tangible Book Value: $12.17B; $2.87M
Working Capital: $6.36B; $16.25M

Cash flow (TTM)Industry

Operating Cash Flow: $2.38B; $5.65M
Capital Expenditures: -$25.00M; -$5.67M
Free Cash Flow: $2.35B; $35.58M
FCF Per Share: $1.83; $0.53

Dividends and yieldsIndustry

Earnings Yield: 1.02%; 0.37%
FCF Yield: 1.24%; 4.39%

Taxes and interestIndustry

Income Tax: $413.00M; $1.63M

Scores and fair valueIndustry

Graham Number: $18.18; $16.88
Graham Upside: -87.6%; -55.0%
Altman Z-Score: 65.81; 1.96
Piotroski F-Score: 6; 5
Beneish M-Score: -2.19; -2.82
Lynch Fair Value: $37.25; –
Lynch Upside: -74.7%; -35.3%

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 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	-16.7%	-3.0%	−13.6 pts
3 months	-7.2%	-2.8%	−4.4 pts
Year to date	-8.6%	+11.5%	−20.1 pts
1 year	+0.5%	+13.5%	−12.9 pts
3 years	+135.9%	+77.7%	+58.2 pts	+33.1%	+21.1%
5 years	-11.9%	+72.6%	−84.5 pts	-2.5%	+11.5%
10 years	+3608.8%	+308.2%	+3300.6 pts	+43.5%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

19M SHOP shares were sold short on Oct 30, 2026, down 9.0% from the previous report, or 1.47% of the shares available to trade. At recent volumes it would take 2.6 days to buy them back. Over the last 20 sessions, 32.2% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	18,915,439	-9.0%	7,300,587	2.6
Oct 15, 2026	20,775,010	+3.0%	7,876,410	2.6
Sep 30, 2026	20,163,161	+22.6%	11,238,078	1.8
Sep 15, 2026	16,447,162	-11.1%	9,127,397	1.8
Aug 31, 2026	18,506,945	+20.3%	6,059,087	3.0
Aug 14, 2026	15,388,800	-23.5%	13,758,159	1.1
Jul 31, 2026	20,123,318	-24.2%	8,769,632	2.3
Jul 15, 2026	26,557,096	+24.7%	6,913,990	3.8
Jun 30, 2026	21,297,085	+1.2%	9,645,656	2.2
Jun 15, 2026	21,050,356	-2.9%	7,952,648	2.6
May 29, 2026	21,687,131	-0.6%	9,883,144	2.2
May 15, 2026	21,812,029	+14.2%	18,472,421	1.2