Stock

Shopify Inc. (SHOP)

NASDAQ · Technology · Software - Application

Profile

Shopify Inc.

Exchange
NASDAQ
Ticker
SHOP
Sector
Technology
Industry
Software - Application
Country
CA

Shopify Inc. functions as a premier commerce technology company, providing an extensive platform and associated services to empower businesses worldwide. Its reach extends across Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific region, and Latin America. The company's robust platform equips merchants to effectively display, organize, market, and sell their merchandise through a multitude of sales avenues. These include digital storefronts accessible via web and mobile, traditional brick-and-mortar stores, temporary pop-up locations, integrated social media channels, proprietary mobile applications, embeddable "buy buttons," and established online marketplaces. Beyond sales, the platform streamlines crucial business operations such as product and inventory management, order and payment processing, fulfillment and shipping logistics, attracting new customers and fostering client relationships, product sourcing, analytical reporting, financial administration encompassing cash, payments, and transactions, and facilitating access to working capital. Additionally, Shopify offers supplementary services like the sale of custom website themes and applications, alongside domain name registration. Its merchant-focused solutions also cover payment acceptance, efficient shipping and order fulfillment, and aid in securing necessary operating funds. Founded in 2004 under the initial name Jaded Pixel Technologies Inc., the company officially rebranded to Shopify Inc. in November 2011. Its global headquarters are located in Ottawa, Canada.

Key facts

Shopify Inc.: key facts

  • Shopify Inc. (NASDAQ: SHOP) is a Software - Application company in the Technology sector.
  • In fiscal 2025, Shopify Inc. reported revenue of $11.6B and net income of $1.2B.
  • Revenue grew 25.8% a year over the last 4 fiscal years.
  • Free cash flow was positive in 4 of the last 5 fiscal years.
  • Net income was positive in 4 of the last 5 fiscal years.
  • Over the last twelve months, revenue was $13.3B and net income was $1.9B.

MonkScore

Shopify Inc.'s MonkScore

MonkScore

MonkScore range: 80–90

as of October 2026

Sector rank: 186 of 1030 in Technology

How this score is madeDisclaimer

Pillar ranges

  • Growth80–90
  • Profitability70–80
  • Quality50–60
  • Market Conviction90–100
  • Safety40–50

The MonkScore runs from 0 to 100. Each range is one of ten 10-point groups, from 0–10 to 90–100.

Each pillar's range uses the same ten groups. The exact score and the pillar scores are in the MonkStreet app.

Fundamentals

Figures from the statements

Shopify Inc.'s annual figures and the last twelve months, in USD. Last report: 30 June 2026.

FigureLast 12 monthsFY 2025FY 2024FY 2023FY 2022FY 2021
Revenue$13.3B$11.6B$8.9B$7.1B$5.6B$4.6B
Gross profit$6.3B$5.6B$4.5B$3.5B$2.8B$2.5B
Operating income$1.8B$1.5B$1.1B-$1.4B-$822.0M$268.6M
Net income$1.9B$1.2B$2.0B$132.0M-$3.5B$2.9B
Operating cash flow$2.4B$2.0B$1.6B$944.0M-$136.0M$535.7M
Capital expenditure-$25.0M-$26.0M-$19.0M-$39.0M-$50.0M-$50.8M
Free cash flow$2.4B$2.0B$1.6B$905.0M-$186.0M$484.9M
Total debt$178.0M$188.0M$1.1B$1.2B$1.4B$1.2B
Cash$1.7B$1.5B$1.5B$1.4B$1.6B$2.5B

Revenue growth a year

1-year
30.1%
3-year
27.3%
4-year
25.8%

Compound growth between fiscal years.

Peers

Similar companies

  • Weave Communications, Inc.NYSE:WEAVMonkScore range: 80–90
  • Snowflake Inc.NYSE:SNOWMonkScore range: 80–90
  • Workiva Inc.NYSE:WKMonkScore range: 80–90
  • Zeta Global Holdings Corp.NYSE:ZETAMonkScore range: 80–90
  • Pegasystems Inc.NASDAQ:PEGAMonkScore range: 80–90
  • Simulations Plus, Inc.NASDAQ:SLPMonkScore range: 80–90
  • Grindr Inc.NYSE:GRNDMonkScore range: 80–90
  • InterDigital, Inc.NASDAQ:IDCCMonkScore range: 80–90

Compare

Compare with

See the full analysisShopify Inc.'s exact MonkScore and pillar scores, in the MonkStreet app

Score my top stocks · 14-day free trial · card required · not charged during the trial · cancel in one click

MonkStreet provides research, not investment advice.

Page built on 31 October 2026.