What’s the current market cap for Shopify stock?

Shopify (SHOP) has a market cap of $143bn as of June 06, 2026.

What is the P/E ratio for Shopify stock?

The price to earnings (P/E) ratio for Shopify (SHOP) stock is 107.91 as of June 06, 2026.

Does Shopify stock pay dividends?

No, Shopify (SHOP) stock does not pay dividends to its shareholders as of June 06, 2026.

When is the next Shopify dividend payment date?

Shopify (SHOP) stock does not pay dividends to its shareholders.

What is the beta indicator for Shopify?

Shopify (SHOP) has a beta rating of 2.64. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

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About Shopify

Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.

Ticker

$SHOP

Sector

Business services

Primary listing

NASDAQ

Employees

7,600

Headquarters

Ottawa, Canada

Website

www.shopify.com

Shopify Metrics

BasicAdvanced

$143bn

107.91

$1.02

2.64

What the Analysts think about Shopify

Analyst ratings (Buy, Hold, Sell) for Shopify stock.

Bulls say / Bears say

Shopify’s Q1 revenue rose 34% to $3.17 billion, with adjusted EPS of $0.36 beating forecasts, showing continued strong top-line performance (Reuters)

Weekly active merchants using Shopify’s AI-powered Sidekick assistant increased more than fourfold, and AI-driven store traffic rose eightfold, demonstrating strong demand for high-margin AI offerings (Reuters)

Thrive Capital’s recent $100 million investment in Shopify shows institutional support for its AI-based commerce strategy and long-term growth outlook (Bloomberg)

Shopify projected second-quarter revenue growth in the high-twenties percentage range, which did not ease investor concerns and led to an 8% drop in the share price on the day (Reuters)

Significant spending on AI services drove operating expenses up more than 20% in Q1, and management indicated high expense ratios may remain, putting pressure on margins (Reuters)

The stock is down about 20% year-to-date as part of a broader software selloff caused by concerns around AI-driven disruption, pointing to risks from valuation volatility (Reuters)

Data summarised monthly by Lightyear AI. Last updated on 22 May 2026.

Shopify Financial Performance

Revenues and expenses

QuarterlyAnnual

Q3 24

QoQ growth

Revenue

$37bn

-39.75%

Net income

$45bn

107.52%

Profit margin

37.65%

6.78%

Shopify Earnings Performance

Company profitability

QuarterlyAnnual

Q4 23

Q1 24

Q2 24

Q3 24

Q4 24

Actual

$3.69

$2.85

$2.45

$2.42

Expected

$3.55

$2.61

$2.05

$2.31

$3.94

Surprise

3.94%

9.20%

19.51%

4.63%

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.

Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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