Financial Performance
5Y price score: 7
The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.
10Y return: 3,925.7%
US$ Per
Share
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94.0
52-week range
182.1
Your model inputs
Your fair value & Margin of safety
To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.
Forecast:
Valuation
Free Cash Flow Yield
1.1 %
Dividend Yield TTM
-
Market cap $
$ 205,717
Price / Earnings TTM
106.4
Price / Book TTM
16.2
PEG TTM
(2.7)
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
5.6 %
5.8 %
3,925.6 %
Free cash flow per share growth
25.3 %
395.8 %
18,077 %
Earnings per share growth
(39.4) %
261.5 %
3,192.1 %
Founded: 2,006
Employees: 8,100
Business Summary:
Latest Earnings Call Takeaways
2026 Q2 (Aug 5, 2026)
1) Strong Financial Performance
- GMV increased by 32% YoY to $116 billion, marking the fifth consecutive quarter of over 30% GMV growth.
- Revenue rose 34% YoY to $3.6 billion, with free cash flow margin at 18%.
- Merchant Solutions revenue grew 37%, driven by GMV strength and increased payments penetration, which reached 68% of global GMV.
- International GMV grew 37%, with significant contributions from new local payment methods launched in Mexico.
2) Strategic Initiatives and Product Development
- Shopify is focusing on creating a unified platform that meets the evolving needs of merchants, emphasizing the importance of its open ecosystem.
- The introduction of the Catalog and Universal Commerce Protocol (UCP) aims to enhance product discovery and streamline commerce experiences.
- The Sidekick tool saw a 3.6x increase in daily active users YoY, helping merchants reach their first sales faster and facilitating the creation of 36,000 custom apps in Q2.
- The Shop app experienced a 70% growth in GMV, with features like Cart Sync significantly enhancing user experience.
3) Market Trends and Competitive Advantages
- The shift towards AI-driven commerce is benefiting smaller brands, with 75% of AI-attributed orders coming from outside the top 100 categories.
- Shopify's checkout capabilities remain a competitive advantage as commerce becomes more fragmented, ensuring a seamless transaction experience.
- The company is seeing strong momentum in offline sales, with point-of-sale GMV up 32% YoY, particularly among larger retailers.
4) Operational Efficiency and Cost Management
- Operating expenses were 34% of revenue, reflecting improved leverage compared to the previous year.
- Shopify's focus on maintaining operational discipline has allowed for continued investment in AI and other platform enhancements without compromising margins.
- Free cash flow margin expanded by 1.5 points YoY, indicating strong operational performance.
5) Guidance and Future Outlook
- For Q3, Shopify expects revenue growth in the low 30% range, with gross profit dollars anticipated to grow in the mid- to high 20% range.
- The company is optimistic about its long-term growth potential, particularly in international markets where it remains underpenetrated.
- The call did not provide specific details on potential challenges or headwinds facing the business moving forward.
Bottom line: Shopify continues to demonstrate robust growth across key financial metrics, driven by strategic product developments and a strong focus on enhancing merchant experiences. The company's investments in AI and unified commerce position it well for sustained growth, making it an attractive prospect for shareholders.
Annual Reports, Presentations And IR Contacts
Go to the websiteShopify Inc. — Financial Overview, Stock Price, Market Cap
Shopify Inc. is a company. Founded in 2006. As of August 14, 2026, the company's market capitalization is $205717196896 with a current stock price of $158.53.