Shopify Inc. logo

Shopify Inc.

SHOP
TechnologyNASDAQCanada
115.48USD-5.62 (-4.64%)

About Shopify

Shopify Inc. is a leading commerce company that provides a comprehensive commerce platform and services to merchants worldwide.

The company's platform enables merchants to:

  • Display, manage, market and sell products across multiple sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces.
  • Manage products and inventory, process orders and payments, fulfill and ship orders, acquire new buyers and build customer relationships.
  • Source products, utilize analytics and reporting for business insights, manage cash flow, payments, transactions, and access financing options.

Additionally, Shopify provides value-added services such as:

  • Custom themes and apps: Enhances the functionality and appearance of online stores.
  • Domain registration: Helps merchants establish their brand online.
  • Merchant solutions: Includes payment processing, shipping and fulfillment services, and access to working capital to support business operations.

Originally known as Jaded Pixel Technologies Inc., the company rebranded to Shopify Inc. in November 2011.

Incorporated in 2004, Shopify is headquartered in Ottawa, Canada, and continues to be a pivotal player in offering commerce solutions that support merchants across diverse industries globally.

Shopify's Business Strategy

Shopify’s business strategy centers on empowering merchants of all sizes by providing an easy-to-use, cloud-based e-commerce platform that supports online and in-person sales. Its business model is primarily subscription-based, offering tiered plans (Basic, Shopify, Advanced) that generate recurring revenue from millions of merchants worldwide. Additional…

Available on Finplify

Free account required

Sign up free

Our Take on Shopify

Pros:

E-Commerce Leadership: Shopify empowers merchants of all sizes to build online stores, holding a strong position in the growing digital retail space.

B2B Market Penetration: From small businesses to large brands, Shopify’s flexible tools cater to diverse clients, tapping into global e-commerce expansion.

✅…

Available on Finplify

Free account required

Sign up free

Company Details

Exchange
NASDAQ
Country
Canada
Sector
Technology
Industry
Software - Application
CEO
Tobias Lutke
Employees
8,100
IPO Date
2015-05-20
ISIN
CA82509L1076
Website
shopify.com

Key Metrics

Market Cap
150.72BUSD
P/E Ratio (TTM)
127.79
Net Profit Margin
10.65%
Debt / Asset Ratio
0.02
Dividend Yield (TTM)
0.00%
Volume
1.93M
Avg Volume
10.09M
Shares Outstanding
1.31B
Free Float
93.61%
β Beta
2.82
52W Range
69.8 - 182.2

Fundamental Analysis

Proprietary 5-category scoring system

Score Fingerprint

Section Scores

Profitability
3.4/5Average
Liquidity
5.0/5Excellent
Leverage
5.0/5Excellent
Cash Flow
5.0/5Excellent
Valuation
1.1/5Poor

Full Breakdown & Peer Ranking

See the detailed score for every metric and how this stock ranks against its sector peers

Unlock for free
Free to join

Unlock the full research on Shopify

Get the full fundamental score breakdown, business strategy, our investment take, live charts and AI-powered briefings. All in one ad-free workspace.

300+ Curated Stocks

A hand-picked universe of world-class businesses across every major market and sector.

AI Analyst Briefings

Deploy your own AI analyst that monitors your portfolio and delivers daily intelligence reports.

Proprietary Fundamentals

Five-category scoring for every stock — profitability, liquidity, leverage, cash flow, and valuation.