YOLFTbeta
Shopify Inc

Shopify Inc

SHOP · NASDAQ · Technology / Software - Application

147.09USD+0.31 (+0.21%)

Price History

Full chart

Market Stats

Previous Close146.78
Open147.23
Day Range144.57 – 150.71
52-Week Range94.00 – 180.88
Volume4.36M
Market Cap218.29B
P/E (TTM)113.66
Forward P/E68.97
EPS1.48
Dividend Yield0.00%
Beta2.63
50-Day Avg152.16
200-Day Avg129.89

About

Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. It also provides Shopify Payments, a fully integrated payment processing service that allows merchants to accept and process payment cards online and offline. In addition, the company engages in the sale of themes and apps; shipping labels through Shopify Shipping; point-of-sale hardware; advertising on the Shopify App Store; and Shop Campaigns for buyer acquisitions, as well as registration of domain names. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is based in Ottawa, Canada.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Tobias Lutke
  • Employees7.60K
  • Headquarters151 O'Connor Street, Ottawa, ON, Canada, K2P 2L8, USA
  • Websitehttps://www.shopify.com

Leadership

  • Mr. Tobias LutkeFounder, CEO, Head of R&D and Director · b. 1981
  • Mr. Harley FinkelsteinPresident · b. 1983
  • Mr. Jeff J. Hoffmeister CPAChief Financial Officer · b. 1970
  • Ms. Jessica Rose HertzChief Operating Officer · b. 1982
  • Ms. Jean NiehausGeneral Counsel · b. 1983
  • Ms. Shane KleinsteinHead of Investor Relations
  • Ms. Bharati BalakrishnanCountry Head & Director- India
  • Darryl ArvaiVP & Corporate Controller
  • Michael L. JohnsonCorporate Secretary
  • Ms. Vanessa LeeProduct Director

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue23.71M50.25M105.02M205.23M389.33M673.30M1.07B1.58B2.93B4.61B5.60B7.06B8.88B11.56B
Growth (%)-+111.92%+108.98%+95.43%+89.70%+72.94%+59.40%+47.05%+85.63%+57.43%+21.43%+26.07%+25.78%+30.14%
Cost of Revenue4.78M13.51M43.22M94.16M179.84M293.05M476.96M712.53M1.39B2.13B2.85B3.54B4.41B6.00B
Gross Profit18.94M36.74M61.80M111.07M209.50M380.25M596.27M865.64M1.54B2.48B2.75B3.52B4.47B5.55B
Gross Margin79.86%73.11%58.84%54.12%53.81%56.48%55.56%54.85%52.62%53.80%49.18%49.79%50.36%48.07%
Operating Expense20.45M41.01M83.41M128.83M246.66M429.41M688.19M1.01B1.45B2.21B3.58B4.93B3.40B4.09B
Operating Income-1.51M-4.27M-21.61M-17.76M-37.16M-49.16M-91.92M-141.15M90.15M268.64M-822.00M-1.42B1.07B1.47B
Operating Margin-6.38%-8.50%-20.58%-8.65%-9.55%-7.30%-8.56%-8.94%3.08%5.83%-14.68%-20.08%12.11%12.70%
EBITDA-747.00K-2.51M-16.94M-10.52M-23.20M-25.77M-64.87M-60.16M319.00M3.21B-594.00M144.00M1.28B1.93B
EBITDA Margin-3.15%-5.00%-16.13%-5.13%-5.96%-3.83%-6.04%-3.81%10.89%69.56%-10.61%2.04%14.45%16.69%
Net Income-1.23M-4.84M-22.31M-18.79M-35.35M-39.99M-64.55M-124.84M319.51M2.91B-3.46B132.00M2.02B1.23B
Net Income Margin-5.20%-9.63%-21.24%-9.16%-9.08%-5.94%-6.01%-7.91%10.91%63.20%-61.79%1.87%22.74%10.65%
R&D6.45M13.68M25.91M39.72M74.34M136.00M230.67M355.01M552.13M854.38M1.50B1.73B1.37B1.54B
R&D as % of Total Revenue27.21%27.23%24.68%19.35%19.09%20.20%21.49%22.50%18.85%18.53%26.84%24.50%15.39%13.29%
Interest Expense000000045.33M9.56M3.46M1.15M---
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%2.87%0.33%0.08%0.02%---

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-95.79M95.19M243.71M490.56M1.11B2.25B3.49B7.76B13.34B10.76B11.30B13.92B15.19B
Total Liabilities-10.41M27.46M48.40M80.08M112.46M164.02M473.75M1.36B2.21B2.52B2.23B2.37B1.72B
Total Equity-85.38M67.73M195.32M410.48M1.00B2.09B3.02B6.40B11.13B8.24B9.07B11.56B13.47B
Cash-83.53M41.95M110.07M84.01M141.68M410.68M649.92M2.70B2.50B1.65B1.41B1.50B1.53B
Total Debt-486.00K7.78M11.32M13.94M16.45M24.87M151.71M912.89M1.17B1.40B1.15B1.13B188.00M
Net Debt--83.04M-34.17M-98.75M-70.07M-125.22M-385.81M-498.21M-1.79B-1.33B-253.00M-263.00M-372.00M-1.35B

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.04M1.40M-801.00K15.76M14.02M7.90M9.32M70.61M424.96M535.71M-136.00M944.00M1.62B2.03B
Investing Cash Flow-2.79M-5.33M-40.37M-83.84M-269.69M-527.17M-810.63M-569.48M-1.93B-2.38B-719.00M-1.24B-1.59B-1.19B
Financing Cash Flow57.00K70.05M140.00K137.85M228.59M574.83M1.07B736.35M3.56B1.65B18.00M60.00M61.00M-811.00M
Capital Expenditure2.02M4.50M22.70M21.04M26.24M24.26M41.55M62.40M41.99M50.79M50.00M39.00M19.00M26.00M
Free Cash Flow25.00K-3.11M-23.50M-5.28M-12.22M-16.36M-32.22M8.22M382.96M484.92M-186.00M905.00M1.60B2.01B
FCF to OCF1.22%-222.64%2933.96%-33.51%-87.17%-207.08%-345.57%11.64%90.12%90.52%136.76%95.87%98.82%98.72%

Earnings

Report DateMay 27, 2015Jul 30, 2015Nov 4, 2015Feb 17, 2016May 4, 2016Aug 3, 2016Nov 2, 2016Feb 15, 2017May 2, 2017Aug 1, 2017Oct 31, 2017Feb 15, 2018May 1, 2018Jul 31, 2018Oct 25, 2018Feb 12, 2019Apr 30, 2019Aug 1, 2019Oct 29, 2019Feb 12, 2020May 6, 2020Jul 29, 2020Oct 29, 2020Feb 17, 2021Apr 28, 2021Jul 28, 2021Oct 28, 2021Feb 16, 2022May 5, 2022Jul 27, 2022Oct 27, 2022Feb 15, 2023May 4, 2023Aug 2, 2023Nov 2, 2023Feb 13, 2024May 8, 2024Aug 7, 2024Nov 12, 2024Feb 11, 2025May 8, 2025Aug 6, 2025Nov 4, 2025Feb 11, 2026May 5, 2026Aug 5, 2026Nov 3, 2026
EPS Estimate--0.01-0.01-0.01-0.01-0.01-0.03-0.02-0.01-0.01-0.020.05-0.01-0.03-0.020.02-0.040.030.010.02-0.020.010.050.130.070.100.120.130.070.03-0.07-0.02-0.040.050.140.300.170.200.180.430.260.290.340.510.330.280.33
EPS Actual-0.06-0.03-0.03-0.01-0.01-0.04-0.02-0.10-0.04-0.010.010.020.040.020.040.030.010.01-0.030.040.020.110.110.160.200.220.080.140.02-0.03-0.020.070.010.140.240.340.200.260.640.440.250.350.340.480.360.32-
Surprise--200.00%-200.00%0.00%0.00%-300.00%33.33%-397.50%-300.00%0.00%150.00%-60.00%500.00%166.67%300.00%50.00%125.00%-66.67%-400.00%100.00%200.00%1000.00%120.00%23.08%185.71%120.00%-33.33%7.69%-71.43%-200.00%71.43%450.00%125.00%180.00%71.43%13.33%17.65%30.00%255.56%2.33%-3.85%21.32%0.00%-5.88%9.09%14.29%-
TimingPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap218.29B
Enterprise Value211.67B
Trailing P/E113.66
Forward P/E68.97
PEG Ratio2.31
Price / Sales16.45
Price / Book16.82
EPS1.48
Book Value9.84
Revenue (TTM)13.27B
Gross Profit (TTM)6.34B
EBITDA2.40B
Profit Margin14.53%
Operating Margin17.56%
Return on Equity15.54%
Return on Assets10.19%
Shares Outstanding1.22B
Shares Float1.21B
Beta2.63
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 54 analystsTarget 176.77
  • Strong Buy
    31
  • Buy
    10
  • Hold
    12
  • Strong Sell
    1

Ownership Breakdown

Institutions
73.33%
Insiders
0.23%
Retail / Other
26.44%

Top Institutional Holders

  • Capital Research & Mgmt Co - Division 3
    54.89M4.27%
  • FMR Inc
    47.18M3.67%
  • Amvescap Plc.
    36.57M2.84%
  • Vanguard Capital Management, LLC
    34.13M2.65%
  • Capital World Investors
    34.09M2.65%
  • Baillie Gifford & Co Limited.
    28.40M2.21%
  • Morgan Stanley - Brokerage Accounts
    25.52M1.98%
  • T. Rowe Price Associates, Inc.
    24.75M1.92%
  • Royal Bank of Canada
    23.53M1.83%
  • Fidelity International Ltd
    19.28M1.50%
  • NORGES BANK
    16.41M1.28%
  • JPMorgan Chase & Co
    15.22M1.18%
  • Loomis, Sayles & Company LP
    14.41M1.12%
  • Geode Capital Management, LLC
    14.34M1.11%
  • Bank of Montreal
    13.77M1.07%
  • BMO Capital Markets Corp.
    13.77M1.07%

Top Fund Holders

  • Invesco QQQ Trust
    25.24M1.96%
  • American Funds Growth Fd of Amer A
    23.77M1.85%
  • Vanguard Total Intl Stock Index Inv
    18.13M1.41%
  • American Funds New Perspective A
    14.86M1.15%

Stock Splits

  • Jun 29, 202210:1