SHOPIFY INC. logo

SHOPIFY INC.

SHOP
Last price US$113.75
Market cap US$148.3b
12M price change -6.78%
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SHOPIFY INC. Overview

Industry: Software Application

Sector: Technology

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada. Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channel Read More

Mavefund brings filings, fundamentals, valuation, price history and news for SHOPIFY INC. into one research view. The sections below show what strengthens or weakens the research case.

Score

Reported Results

What the company reported, with filing details kept small.

Filed May 05, 2026

Quarterly result summary

Revenue growth was +34% YoY.

Revenue growth +34% YoY
Free cash flow margin +15% YoY
Net loss -$581 reported

What changed

  • Revenue growth was +34% YoY.
  • Free cash flow margin was +15% YoY.

Guidance / outlook

For the second quarter of 2026, we expect: • Revenue to grow at a high-twenties percentage rate on a year-over-year basis; • Gross profit dollars to grow at a mid-twenties percentage rate on a year-over-year basis; • Operating expenses as a percentage of revenue to be 35% to 36%; • Stock-based compensation to be $145 million; and • Free cash flow margin to be in the mid-teens.

Earnings release Open filing

Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.

Other recent earnings materials

Prediction-grade evidence

Recent News

Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.

Earnings Per Share

Score 0.00/5
SHOPIFY INC. earns a low score, as its Earnings Per Share (EPS) has not shown continuous growth over the last six years. Notable counterparts in the sector with high scores includes Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd
In Software Application industry , Manhattan Associates Inc , Cadence Design Systems Inc , CoreCard are companies with high ratings.

Return on Equity

Score 3.34/5
SHOPIFY INC. stands out with a superior score in the Return on Equity (ROE) section, surpassing the sector median value and showcasing its strong performance in this metric. The top companies in the same sector include Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd
SHOPIFY INC. SHOP US$148.3b
Applied Mate... AMAT US$478.4b
Alphabet Inc... GOOGL US$4.3t
Check Point ... CHKP US$14.4b

Net Margin

Score 3.14/5
SHOPIFY INC. commands a high score, propelled by its net margin consistently outpacing the sector median value and exhibiting continuous growth in recent six years; noteworthy counterparts in the sector, boasting similarly high scores, include Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd
SHOPIFY INC. SHOP US$148.3b
Applied Mate... AMAT US$478.4b
Alphabet Inc... GOOGL US$4.3t
Check Point ... CHKP US$14.4b

Share Buyback

In Software Application industry , Manhattan Associates Inc , Cadence Design Systems Inc , CoreCard are companies with high ratings.

Leverage

Score 4.44/5
SHOPIFY INC. attains a commendable score in the category due to its lower leverage ratio over the past six years in comparison to the sector median value. Additionally, other notable companies in the same sector, such as Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd , also exhibit high scores.
SHOPIFY INC. SHOP US$148.3b
Applied Mate... AMAT US$478.4b
Alphabet Inc... GOOGL US$4.3t
Check Point ... CHKP US$14.4b

Financial Statements

Company-reported SEC EDGAR facts organized into the three core statements.

Verified SEC statements load when this section enters view.

Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.

Financial Ratio

Yearly Quarterly

Financial
Profitability
Growth
Cash Flow
Financial Health
Efficiency Ratios

SHOPIFY INC. logo

SHOPIFY INC.

US$113.75

US$27.39

-75.9% vs price

US$148.3b

-7.96%

-6.78%