Go Deep
Shopify Inc.
Shopify Inc. Score & Ratio Trend
| Date | Score | P/E | P/B | D/E | Price |
|---|---|---|---|---|---|
| Sep 2026 | 19,076 | 93.4 | 14.26 | 0.01 | 193.38 |
| Sep 2026 | 18,616 | 96.4 | 14.79 | 0.01 | 200.46 |
| Sep 2026 | 18,714 | 97.2 | 14.55 | 0.01 | 13,642.08 |
| Oct 2026 | 13,871 | 105.3 | 15.50 | 0.01 | 14,571.51 |
| Oct 2026 | 13,871 | 105.3 | 15.50 | 0.01 | 14,571.51 |
| Oct 2026 | 13,178 | 111.3 | 16.39 | 0.01 | 15,404.91 |
| Oct 2026 | 13,130 | 114.0 | 16.76 | 0.01 | 15,793.99 |
| Oct 2026 | 13,130 | 114.0 | 16.76 | 0.01 | 15,793.99 |
| Oct 2026 | 12,944 | 115.4 | 17.02 | 0.01 | 16,055.79 |
| Oct 2026 | 13,081 | 114.2 | 16.84 | 0.01 | 15,887.96 |
| Oct 2026 | 12,294 | 118.9 | 17.52 | 0.01 | 16,570.46 |
| Oct 2026 | 12,307 | 118.9 | 17.49 | 0.01 | 16,369.11 |
| Oct 2026 | 11,946 | 122.5 | 18.00 | 0.01 | 16,753.75 |
| Oct 2026 | 12,236 | 119.7 | 17.69 | 0.01 | 16,416.31 |
| Oct 2026 | 11,839 | 126.3 | 18.19 | 0.01 | 16,886.84 |
| Oct 2026 | 11,874 | 119.6 | 18.23 | 0.01 | 16,916.36 |
| Oct 2026 | 12,557 | 114.5 | 17.34 | 0.01 | 16,056.08 |
| Oct 2026 | 12,435 | 115.6 | 17.50 | 0.01 | 16,219.29 |
| Oct 2026 | 12,243 | 117.2 | 17.75 | 0.01 | 16,448.75 |
| Oct 2026 | 12,179 | 117.8 | 17.83 | 0.01 | 16,484.73 |
| Oct 2026 | 12,613 | 114.1 | 17.27 | 0.01 | 15,934.11 |
Shopify Inc. Quarterly Results
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 3,583,000,000.0 | 3,170,000,000.0 | 3,672,000,000.0 | 2,844,000,000.0 |
| Net Profit | 1,502,000,000.0 | -581,000,000.0 | 743,000,000.0 | 264,000,000.0 |
| EPS | 1.2 | -0.4 | 0.6 | 0.2 |
Shopify Inc. Revenue & Profit: Last 5 Years
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 11,556,000,000.0 | 8,880,000,000.0 | 7,060,000,000.0 | 5,600,000,000.0 | — |
| Net Profit | 1,231,000,000.0 | 2,019,000,000.0 | 132,000,000.0 | -3,460,000,000.0 | — |
| EPS | 0.9 | 1.6 | 0.1 | -2.7 | — |
Shopify Inc. Balance Sheet
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Total Assets | 15,189,000,000.0 | 13,924,000,000.0 | 11,299,000,000.0 | 10,757,000,000.0 | — |
| Total Liabilities | 1,716,000,000.0 | 2,366,000,000.0 | 2,233,000,000.0 | 2,518,000,000.0 | — |
| Total Equity | 13,473,000,000.0 | 11,558,000,000.0 | 9,066,000,000.0 | 8,239,000,000.0 | — |
Owes vs Owns
Shopify Inc. owed $0.12 for every $1 it owned in Jun 2026, down from $0.23 in Dec 2022.
| Period | Jun 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Owes vs Owns | 0.12× | 0.11× | 0.17× | 0.20× | 0.23× |
Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.
Shopify Inc. Assets & Liabilities Breakdown (USD millions)
What it owns — Dec 2025
Cash & short-term investments 38.0%Receivables 15.6%Fixed assets (tangible) 0.9%Intangible assets 3.4%Long-term investments 40.5%Other assets 1.4%
How it's funded — Dec 2025
Long-term debt 1.1%Payables 3.8%Other liabilities 6.3%Shareholders' equity 88.7%
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | 5,767.0 | 5,470.0 | 5,000.0 | 5,053.0 |
| Receivables | 2,370.0 | 1,655.0 | 1,155.0 | 885.0 |
| Inventory | 21.0 | 26.0 | 19.0 | 0.0 |
| Fixed assets (tangible) | 141.0 | 140.0 | 147.0 | 486.0 |
| Intangible assets | 521.0 | 474.0 | 456.0 | 2,226.0 |
| Long-term investments | 6,159.0 | 5,998.0 | 4,377.0 | 1,954.0 |
| Other assets | 210.0 | 161.0 | 145.0 | 153.0 |
| Liabilities & equity | ||||
| Short-term debt | 17.0 | 918.0 | 17.0 | 18.0 |
| Long-term debt | 171.0 | 190.0 | 916.0 | 913.0 |
| Payables | 570.0 | 360.0 | 364.0 | 364.0 |
| Other liabilities | 958.0 | 898.0 | 936.0 | 1,223.0 |
| Shareholders' equity | 13,473.0 | 11,558.0 | 9,066.0 | 8,239.0 |
| Net tangible assets | 12,952.0 | 11,084.0 | 8,610.0 | 6,013.0 |
Shopify Inc. Cash Flow
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Operating Activities | 2,033,000,000.0 | 1,616,000,000.0 | 944,000,000.0 | -136,000,000.0 | — |
| Investing Activities | -1,190,000,000.0 | -1,586,000,000.0 | -1,244,000,000.0 | -719,000,000.0 | — |
| Financing Activities | -811,000,000.0 | 61,000,000.0 | 60,000,000.0 | 18,000,000.0 | — |