Shopify (SHOP)
Technology · E-commerce software and platforms
Shopify is a cloud-based commerce platform enabling merchants of all sizes to build, scale, and run their online businesses across multiple sales channels.
What Shopify does
Shopify is a commerce platform that provides subscription-based solutions for merchants to establish and operate online stores. The company offers a comprehensive ecosystem including point-of-sale systems, payment processing, fulfillment and shipping solutions, and business intelligence tools. Shopify serves merchants globally through both standard subscription tiers and enterprise solutions, with additional revenue from transaction fees, apps, and services provided by ecosystem partners. The platform integrates multiple sales channels, enabling merchants to reach customers through online stores, social media, and physical locations.
Themes: ["e-commerce","SMB software","enterprise commerce","AI/machine learning","omnichannel retail","payment infrastructure","subscription economy","merchant ecosystem","digital transformation"]
Fundamentals
- Price$123.17 as of 2026-07-09 close
- Market cap$158.1B as of 2026-07-10
- 1-year return+7.7% as of 2026-07-09 close
- P/E118.70 as of 2026-07-10
- Net margin+10.8% as of 2026-07-10
- Gross margin+48.0% as of 2026-07-10
- ROE+10.5% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+31.9% as of 2026-07-10
- Revenue CAGR (3y)+27.3% SEC XBRL
- Beta2.61 as of 2026-07-10
Key risks (from latest filing)
["Exposure to macroeconomic conditions and merchant spending uncertainty, including inflationary pressures and trade protection measures that could impact merchant sales and platform adoption","Significant foreign exchange exposure due to international operations and revenue streams in multiple currencies","Cybersecurity risks and potential attacks that could compromise platform integrity, merchant data, and customer trust"]
Competitors & peers
- WooCommerce
- BigCommerce
- Magento
- Salesforce Commerce Cloud
- Adobe Commerce
- Square Online
- Stripe
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.