Shopify Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Public

  • Employees
  • 11,600

Employees

  • Stock Symbol
  • SHOP

Stock Symbol

  • Investments
  • 61

  • Share Price
  • $119.68
  • (As of Monday Closing)

Shopify General Information

Description

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.

Contact Information

Website
www.shopify.com
Formerly Known As
Jaded Pixel Technologies
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 151 O Connor Street
  • Ground floor
  • Ottawa, Ontario K2P 2L8
  • Canada
+1 (613)
Primary Industry
Media and Information Services (B2B)
Other Industries
Business/Productivity Software
Stock Exchange
TSE
Vertical(s)
SaaS, E-Commerce, TMT
Corporate Office
  • 151 O Connor Street
  • Ground floor
  • Ottawa, Ontario K2P 2L8
  • Canada
+1 (613)

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Shopify Stock Performance

As of 10-Feb-2025, Shopify’s stock price is $119.68. Its current market cap is $155B with 1.29B shares.

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$119.68 $117.18 $52.41 - $123.31 $155B 1.29B 2.09M $1.07

Shopify Financials Summary

As of 30-Sep-2024, Shopify has a trailing 12-month revenue of $8.21B.

In Thousands,
USD
TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 99,598,679 96,289,384 40,511,666 165,152,797
Revenue 8,212,000 7,060,000 5,600,000 4,611,856
EBITDA 1,290,000 18,000 (3,602,000) 3,192,694
Net Income 1,383,000 132,000 (3,460,000) 2,914,659
Total Assets 12,329,000 11,299,000 10,757,000 13,340,172
Total Debt 1,141,000 1,150,000 1,396,000 1,173,487
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Shopify Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Shopify Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subs
Media and Information Services (B2B)
Ottawa, Canada
11,600 As of 2022

Austin, TX
 

Oakland, CA
 
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Shopify Competitors (40)

One of Shopify’s 40 competitors is BigCommerce, a Formerly VC-backed company based in Austin, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BigCommerce Formerly VC-backed Austin, TX
Block Formerly VC-backed Oakland, CA
Volusion Private Equity-Backed Austin, TX
Solid Commerce Venture Capital-Backed Los Angeles, CA
PrestaShop Private Equity-Backed Paris, France
You’re viewing 5 of 40 competitors. Get the full list »

Shopify Patents

Shopify Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250045724-A1 System and method for providing proximity-based indicators Pending 03-Aug-2023
US-20250039960-A1 Methods and systems for enhanced device pairing Pending 28-Jul-2023
US-20250028999-A1 System and method for automatically improving classification models for multi-attribute classification Pending 19-Jul-2023
US-20250030678-A1 Systems and methods for facilitating passkey login to a web domain Pending 19-Jul-2023
US-20240403288-A1 Optimized database system with updated materialized view Pending 31-May-2023 G06F16/24535
To view Shopify’s complete patent history, request access »

Shopify Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Shopify Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Shopify Investments & Acquisitions (61)

Shopify’s most recent deal was a Later Stage VC with Reown for . The deal was made on 29-Oct-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Reown 29-Oct-2024 Later Stage VC Software Development Applications
Convergence (Business/Productivity Software) 25-Sep-2024 Seed Round Business/Productivity Software
ChannelApe 19-Jul-2024 Merger/Acquisition Business/Productivity Software
Threads 07-Jun-2024 Merger/Acquisition Communication Software
Checkout Blocks 03-Jun-2024 Merger/Acquisition Internet Software
You’re viewing 5 of 61 investments and acquisitions. Get the full list »

Shopify ESG

Risk Overview

Risk Rating

Updated January, 07, 2025

23.29 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,120

Rank

Percentile

Software & Services

Industry

of 962

Rank

Percentile

Internet Software and Services

Subindustry

of 218

Rank

Percentile

To view Shopify’s complete esg history, request access »

Shopify Exits (7)

Shopify’s most recent exit was on 08-Jul-2022 from Deliverr. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Deliverr 08-Jul-2022 Completed
Supergreat 15-Dec-2021 Completed
  • 7 buyers
Bench (Accounting, Audit and Tax Services (B2B)) 03-Jul-2021 Completed
  • 8 buyers
Swyft (Logistics) 07-Apr-2021 Completed
  • 7 buyers
6 River Systems 17-Oct-2019 Merger/Acquisition Completed
You’re viewing 5 of 7 exits. Get the full list »

Affiliates

Subsidiaries (11)

Name Industry Location Year Founded
Checkout Blocks New York, NY 2022
Shopify Ventures Ottawa, Canada 2020
Remix San Francisco, CA 2020
Primer (Educational Software) San Francisco, CA 2018
ChannelApe Wilmington, DE 2015
You’re viewing 5 of 11 affiliates. Get the full list.  »

Shopify FAQs

  • When was Shopify founded?

    Shopify was founded in 2004.

  • Where is Shopify headquartered?

    Shopify is headquartered in Ottawa, Canada.

  • What is the size of Shopify?

    Shopify has 11,600 total employees.

  • What industry is Shopify in?

    Shopify’s primary industry is Media and Information Services (B2B).

  • Is Shopify a private or public company?

    Shopify is a Public company.

  • What is Shopify’s stock symbol?

    The ticker symbol for Shopify is SHOP.

  • What is the current stock price of Shopify?

    As of 10-Feb-2025 the stock price of Shopify is $119.68.

  • What is the current market cap of Shopify?

    The current market capitalization of Shopify is $155B.

  • What is Shopify’s current revenue?

    The trailing twelve month revenue for Shopify is $8.21B.

  • Who are Shopify’s competitors?

    BigCommerce, Block, Volusion, Solid Commerce, and PrestaShop are some of the 40 competitors of Shopify.

  • What is Shopify’s annual earnings per share (EPS)?

    Shopify’s EPS for 12 months was $1.07.

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