Shopify Inc.SHOP

NasdaqGS•Technology•Software - Application

Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. It also provides Shopify Payments, a fully integrated payment processing service that allows merchants to accept and process payment cards online and offline. In addition, the company engages in the sale of themes and apps; shipping labels through Shopify Shipping; point-of-sale hardware; advertising on the Shopify App Store; and Shop Campaigns for buyer acquisitions, as well as registration of domain names. 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 based in Ottawa, Canada.

Price & Volume

Key Metrics at a Glance (as of December 2025)

Market Cap: $212.69B
TTM Revenue: $11.56B
TTM EBITDA: $1.92B
P/E Ratio: 172.8x
Operating Margin: 20.3%
Free Cash Flow: $885.00M

Financial Analysis

Shopify Inc. (SHOP) reported trailing twelve months (TTM) revenue of $11.56B as of December 2025, which represents a 30.1% increase year-over-year. The company's operating margin has expanded to 20.3% from 19.2% a year ago. In terms of profitability, SHOP generated $1.23B in net income. Valuation-wise, the stock trades at a P/E ratio of 172.8x and a Price-to-Sales (P/S) ratio of 18.4x. The company generated $885.00M in free cash flow over the last twelve months, indicating its ability to reinvest in growth or return capital to shareholders. Data based on the most recent quarterly reports.