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    S

    Shopify Inc (SHOP)

    Official site

    TECHNOLOGY • SOFTWARE - APPLICATION • NASDAQ

    $176.52
    -2.70 (-1.51%)

    Market Cap: $227.12B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    74%(29/39)
    Avg Surprise
    +71.05%
    Streak
    2 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.46
    Range$0.39 - $0.52
    33 analysts
    EPS Revisions
    1
    0
    7d
    2
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.44+4.6%
    60d ago$0.46-0.0%
    30d ago$0.46-0.6%
    7d ago$0.46-0.0%
    Current$0.46
    Revenue Consensus
    $3.7B
    Range$3.7B - $3.8B
    44 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.72
    Range$0.52 - $0.97
    40 analysts
    Revenue Consensus
    $5.0B
    Range$4.6B - $5.2B
    49 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.72---
    Sep 26EST
    		-$0.46---
    Jun 26
    Reported Aug 5
    		$0.32$0.28+14.29%Beat-8.6%
    Mar 26
    Reported May 5
    		$0.36$0.33+9.09%Beat+44.0%
    Dec 25
    Reported Feb 11
    		$0.48$0.51-5.88%Miss+9.1%
    Sep 25
    Reported Nov 4
    		$0.34$0.34+0.00%Beat-46.9%
    Jun 25
    Reported Aug 6
    		$0.35$0.29+21.32%Beat+34.6%
    Mar 25
    Reported May 8
    		$0.25$0.26-3.85%Miss+25.0%
    Dec 24
    Reported Feb 11
    		$0.44$0.43+2.33%Beat+29.4%
    Sep 24
    Reported Nov 12
    		$0.64$0.18+255.56%Beat+166.7%
    Jun 24
    Reported Aug 7
    		$0.26$0.20+30.00%Beat+85.7%
    Mar 24
    Reported May 8
    		$0.20$0.17+17.65%Beat+1900.0%
    Dec 23
    Reported Feb 13
    		$0.34$0.30+13.33%Beat+385.7%
    Sep 23
    Reported Nov 2
    		$0.24$0.14+71.43%Beat+1300.0%
    Jun 23
    Reported Aug 2
    		$0.14$0.05+180.00%Beat+566.7%
    Mar 23
    Reported May 4
    		$0.01N/A+125.00%Beat-50.0%
    Dec 22
    Reported Feb 15
    		$0.07$-0.02+450.00%Beat-50.0%
    Sep 22
    Reported Oct 27
    		$-0.02N/A+71.43%Beat-125.0%
    Jun 22
    Reported Jul 27
    		$-0.03$0.03-200.00%Miss-113.6%
    Mar 22
    Reported May 5
    		$0.02N/A-71.43%Miss-90.0%
    Dec 21
    Reported Feb 16
    		$0.14$0.13+7.69%Beat-12.5%
    Sep 21
    Reported Oct 28
    		$0.08$0.12-33.33%Miss-27.3%
    Jun 21
    Reported Jul 28
    		$0.22$0.10+120.00%Beat+100.0%
    Mar 21
    Reported Apr 28
    		$0.20$0.07+185.71%Beat+900.0%
    Dec 20
    Reported Feb 17
    		$0.16$0.13+23.08%Beat+300.0%
    Sep 20
    Reported Oct 29
    		$0.11$0.05+120.00%Beat+466.7%
    Jun 20
    Reported Jul 29
    		$0.11$0.01+1000.00%Beat+1000.0%
    Mar 20
    Reported May 6
    		$0.02$-0.02+200.00%Beat+100.0%
    Dec 19
    Reported Feb 12
    		$0.04$0.02+100.00%Beat+33.3%
    Sep 19
    Reported Oct 29
    		$-0.03$0.01-400.00%Miss-175.0%
    Jun 19
    Reported Aug 1
    		$0.01N/A-66.67%Miss-50.0%
    Mar 19
    Reported Apr 30
    		$0.01N/A+125.00%Beat-75.0%
    Dec 18
    Reported Feb 12
    		$0.03$0.02+50.00%Beat+50.0%
    Sep 18
    Reported Oct 25
    		$0.04$-0.02+300.00%Beat+300.0%
    Jun 18
    Reported Jul 31
    		$0.02$-0.03+166.67%Beat+300.0%
    Mar 18
    Reported May 1
    		$0.04$-0.01+500.00%Beat+200.0%
    Dec 17
    Reported Feb 15
    		$0.02N/A-60.00%Miss+120.1%
    Sep 17
    Reported Oct 31
    		$0.01$-0.02+150.00%Beat-
    Jun 17
    Reported Aug 1
    		$-0.01$-0.01+0.00%Beat-
    Mar 17
    Reported May 2
    		$-0.04$-0.01-300.00%Miss-
    Dec 16
    Reported Feb 15
    		$-0.10$-0.02-397.50%Miss-

    Key Metrics

    Valuation
    P/E Ratio117.68EV/EBITDA107.83x
    Price/FCF97.21xFCF Yield1.03%
    Profitability
    Profit Margin14.50%Operating Margin17.60%
    ROE15.50%ROICN/A
    Financial Health
    Debt/Equity0.00xInterest CoverageN/A
    Current Ratio5.35xQuick Ratio5.35x
    Trading Statistics
    Beta2.63Avg Volume9.55M
    52-Week High$182.1952-Week Low$94.00

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$163.05
    SMA 20$151.26
    SMA 50$147.25
    SMA 200$129.61
    EMA 10$164.82
    EMA 20$156.42
    EMA 50$145.94
    EMA 200$133.03

    MACD

    Line: 9.18Signal: 5.97Hist: 3.21

    ADX

    ADX: 24.3+DI: 40.2-DI: 14.1

    Aroon & PSAR

    Aroon Up96.0
    Aroon Down8.0
    PSAR$161.43

    Bollinger Bands

    Upper Band$181.70
    Lower Band$120.83
    %B Position4024%(Upper)
    Band Width0.92

    RSI (14-Day)

    Overbought
    73.1

    Momentum Oscillators

    Stoch %K95.3
    Stoch %D95.8
    Williams %R-9.8
    ROC (10d)19.1%
    Momentum28.26
    CCI (20d)140.5
    MFI (14d)81.1

    Volatility Measures

    ATR (14d)$6.64(3.8%)
    StdDev (20d)15.22
    Hist Vol47.8%(High)

    Volume Flow

    VWAP$176.51
    OBV189.4M
    AD Line22.1M
    CMF (20d)0.222

    Volume Metrics

    Avg Vol (20d)9.8M
    Vol Ratio0.7x
    VWMA (20d)$150.16

    Pivot Points

    R3$190.36
    R2$185.62
    R1$182.42
    Pivot Point$177.68
    S1$174.48
    S2$169.74
    S3$166.54

    Advanced Oscillators

    TSI34.36
    Ultimate Osc69.2
    KST143.71

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$3.58B$3.17B$3.67B$2.84B$2.68B$2.36B$2.81B$2.16B$2.04B$1.86B$2.14B$1.71B
    Cost of Revenue$1.88B$1.62B$1.98B$1.45B$1.38B$1.19B$1.46B$1.04B$1.00B$904.00M$1.08B$813.00M
    Gross Profit$1.71B$1.55B$1.69B$1.39B$1.30B$1.17B$1.35B$1.12B$1.04B$957.00M$1.06B$901.00M
    Operating Expenses$1.22B$1.16B$1.06B$1.05B$1.01B$966.00M$887.00M$835.00M$804.00M$871.00M$773.00M$779.00M
    R&D$445.00M$437.00M$390.00M$375.00M$394.00M$377.00M$351.00M$332.00M$349.00M$335.00M$311.00M$313.00M
    SG&A$136.00M$115.00M$125.00M$115.00M$122.00M$109.00M$112.00M$114.00M$60.00M$124.00M$100.00M$137.00M
    Operating Income$488.00M$382.00M$631.00M$343.00M$291.00M$203.00M$465.00M$283.00M$241.00M$86.00M$289.00M$122.00M
    Interest Income$44.00M$54.00M$107.00M$60.00M$82.00M$42.00M$50.00M$49.00M$36.00M$35.00M$68.00M$606.00M
    Interest Expense$0$1.02B$0$35.00M$0$973.00M$0$0$38.00M$342.00M$0$0
    Income Before Tax$1.77B$-634,000,000$892.00M$308.00M$1.08B$-770,000,000$1.42B$860.00M$203.00M$-256,000,000$682.00M$728.00M
    Income Tax Expense$273.00M$-53,000,000$149.00M$44.00M$173.00M$-88,000,000$128.00M$32.00M$32.00M$17.00M$25.00M$10.00M
    Net Income$1.50B$-581,000,000$743.00M$264.00M$906.00M$-682,000,000$1.29B$828.00M$171.00M$-273,000,000$657.00M$718.00M
    EBITDA$1.74B$-681,000,000$792.00M$256.00M$1.00B$-804,000,000$1.38B$819.00M$177.00M$-281,000,000$692.00M$741.00M
    EBIT$1.73B$-688,000,000$785.00M$248.00M$997.00M$-812,000,000$1.37B$811.00M$167.00M$-291,000,000$682.00M$728.00M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Shopify Inc Stock (SHOP) Moved Up by 3.25% on Oct 6: What Signal Does It Send?

    Shopify Inc (SHOP) shares climbed 3.25% on October 6, driven by bullish analyst coverage, enthusiasm for AI integration in e-commerce, and positive macroeconomic conditions. The company's strong revenue and net profit...

    TradingKey•10/6/26•Neutral

    Shopify Inc - Class A (SHOP) Stock News & Articles

    This article compiles recent news and analysis concerning Shopify Inc. (SHOP) stock. It includes various investment insights, price predictions, and discussions on Shopify's involvement with AI commerce...

    24/7 Wall St.•9/30/26•Neutral

    To cover taxes and fees from stock vesting, a Shopify (SHOP) officer plans to sell 6,152 shares.

    A Shopify officer, Jeff Hoffmeister, plans to sell 6,152 Class A Subordinate Voting Shares, valued at $893,054.02...

    Stock Titan•9/25/26•Neutral

    Shopify Inc. (SHOP) Stock Price, News, Quote & History

    This article provides a detailed overview of Shopify Inc. (SHOP) stock, including its current price, historical performance, key financial metrics, and analyst insights. It covers the company's business operations...

    Yahoo! Finance Canada•9/25/26•Neutral

    Shopify Inc Stock (SHOP) Moved Down by 7.21% on Sep 23: Facts Behind the Movement

    Shopify Inc. (SHOP) shares dropped 7.21% on September 23rd, primarily due to profit-taking after a surge from its partnership with Meta Platforms and valuation pressures. Despite the short-term volatility...

    TradingKey•9/23/26•Bearish

    SHOP Valuation and Fair Value

    P/E
    117.7x
    Forward P/E
    58.8x
    EV/EBITDA
    107.8x
    P/FCF
    97.2x
    PEG
    1.7x
    P/B
    18.0x
    See GNG's fair value

    SHOP Profitability: Margins, ROIC and FCF

    Gross margin
    47.8%
    Operating margin
    17.6%
    Net margin
    14.5%
    ROE
    15.5%
    FCF margin
    17.7%
    FCF yield
    1.0%

    SHOP Competitors

    CompanyTicker
    KLA CorporationKLAC
    Marvell Technology Group LtdMRVL
    Arista NetworksANET
    International Business MachinesIBM
    Arm Holdings plc American Depositary SharesARM
    Amphenol CorporationAPH
    SAP SE ADRSAP
    Sandisk CorpSNDK

    Sector: Technology

    SHOP Analyst Ratings

    Consensus
    Buy
    Analysts
    54
    Strong Buy
    11
    Buy
    31
    Hold
    11
    Sell
    1
    Strong Sell
    0

    SHOP Bull Case vs Bear Case

    Bull case

    • SHOP converts 17.7% of revenue into free cash flow.
    • SHOP grew quarterly revenue 33.7% year over year.
    • 77.8% of SHOP's analyst ratings are Buy or Strong Buy.

    Bear case

    • SHOP trades at 117.7x trailing earnings.

    SHOP Earnings: Beat Rate and Next Report

    Beat rate
    5 of 8 quarters (62.5%)
    Average surprise
    36.6%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.46
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    2 up, 1 down

    Frequently Asked Questions About SHOP

    Does SHOP pay dividends?

    Shopify Inc (SHOP) does not currently pay a regular dividend.

    What is SHOP's P/E ratio?

    Shopify Inc has a price-to-earnings (P/E) ratio of 117.68.

    What is SHOP's market cap?

    Shopify Inc (SHOP) has a market capitalization of $227.12B with a current stock price of $176.52.

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