Shopify Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Public

  • Employees
  • 11,600

Employees

  • Stock Symbol
  • SHOP

Stock Symbol

  • Investments
  • 55

  • Share Price
  • $68.57
  • (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
Primary Industry
Internet Software
Stock Exchange
NYS
Corporate Office
  • 151 O Connor Street
  • Ground floor
  • Ottawa, Ontario K2P 2L8
  • Canada
+1 (613) 000-0000

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Shopify Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$68.57 $70.00 $45.50 - $91.57 $88.3B 1.29B 9.4M $0.10

Shopify Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 96,289,384 96,289,384 40,511,666 165,152,797
Revenue 7,060,000 7,060,000 5,600,000 4,611,856
EBITDA 18,000 18,000 (3,602,000) 3,192,694
Net Income 132,000 132,000 (3,460,000) 2,914,659
Total Assets 11,299,000 11,299,000 10,757,000 13,340,172
Total Debt 1,150,000 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
Internet Software
Ottawa, Canada
11,600 As of 2022
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Austin, TX
0000 As of 0000
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00000000 00000

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000000000 00000000
San Francisco, CA
00000 As of 0000
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Shopify Competitors (21)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BigCommerce Formerly VC-backed Austin, TX 0000 00000 00000000 00000
Block Formerly VC-backed San Francisco, CA 00000 00.00 000000 - 000 00.00
WooCommerce Corporate Backed or Acquired San Francisco, CA 000 000000&0
Workarea Formerly VC-backed Philadelphia, PA 00 0000 000000&0 0000
Yola Formerly VC-backed San Francisco, CA 00 0000 00000000000 0000
You’re viewing 5 of 21 competitors. Get the full list »

Shopify Executive Team (61)

Name Title Board Seat Contact Info
Brennan Loh Director of Brand Marketing
Tobias Lütke Chief Executive Officer & Founder
Jeff Hoffmeister Chief Financial Officer, Finance
Kasra Nejatian Chief Operating Officer, Operations & Vice President
Kaz Nejatian JD Chief Operating Officer & Vice President, Product
You’re viewing 5 of 61 executive team members. Get the full list »

Shopify Board Members (14)

Name Representing Role Since
Bret Taylor Self Board Member 000 0000
Colleen Johnston Self Board Member 000 0000
Fidji Simo Self Board Member 000 0000
Gail Goodman Self Board Member 000 0000
Jeremy Levine Self Board Member 000 0000
You’re viewing 5 of 14 board members. Get the full list »

Shopify Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Shopify Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Shopify Investments & Acquisitions (55)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Flexport 19-Jan-2024 00000 0000 00000 Business/Productivity Software
Fontana Candle Company 01-Oct-2023 000000000 00000 Household Products
Faire 27-Sep-2023 00000 0000 Information Services (B2C)
Codisto Channel Cloud 18-Aug-2023 0000000000 Business/Productivity Software
Nomba 02-May-2023 Later Stage VC 0000 Financial Software
You’re viewing 5 of 55 investments and acquisitions. Get the full list »

Shopify Subsidiaries (9)

Company Name Industry Location Founded
Remix Internet Software San Francisco, CA 2020
Primer (Educational Software) Educational Software San Francisco, CA 0000
Dovetale Media and Information Services (B2B) New York, NY 0000
Eporta Home Furnishings London, United Kingdom 0000
SaleYee Business/Productivity Software Hong Kong, Hong Kong 0000
You’re viewing 5 of 9 subsidiaries. Get the full list »

Shopify ESG

Risk Overview

Risk Rating

Updated November, 01, 2023

21.01 | 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

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

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

00 of 16,173

Rank

00.00

Percentile

Software & Services

Industry

00 of 1,101

Rank

00.00

Percentile

Internet Software and Services

Subindustry

00 of 244

Rank

00.0

Percentile

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

Shopify Exits (5)

Company Name Exit Date Exit Type Exit Size Status Buyers
Deliverr 08-Jul-2022 000000000000000000 00.00 Completed
  • 0000000
Supergreat 15-Dec-2021 00000 00000 00 0000 Completed
  • 7 buyers
Swyft (Logistics) 07-Apr-2021 00000 00000 00 000.00 Completed
  • 7 buyers
6 River Systems 17-Oct-2019 000000000000000000 00000 Completed
  • 0000000
Joulies 29-Feb-2012 Grant 00000 Completed
To view Shopify’s complete exits history, request access »

Shopify FAQs

  • When was Shopify founded?

    Shopify was founded in 2004.

  • Who is the founder of Shopify?

    Daniel Weinand, Tobias Lütke, Julia Chelaru, and Scott Lake Ph.D are the founders of Shopify.

  • Who is the CEO of Shopify?

    Tobias Lütke is the CEO of Shopify.

  • 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 Internet Software.

  • 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 15-Apr-2024 the stock price of Shopify is $68.57.

  • What is the current market cap of Shopify?

    The current market capitalization of Shopify is $88.3B.

  • What is Shopify’s current revenue?

    The trailing twelve month revenue for Shopify is $7.06B.

  • Who are Shopify’s competitors?

    BigCommerce, Block, WooCommerce, Workarea, and Yola are some of the 21 competitors of Shopify.

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

    Shopify’s EPS for 12 months was $0.10.

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