Friday 6 November 2026 Export SHOP’s income statement to Excel — free account

Shopify Inc.

SHOP Technology Software Application

Shopify Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.6 billion, up 30.1% from fiscal 2024.

Revenue: +31.6%
EPS: +79.5%
Free cash flow: +61.0%
Total debt: −81.7%

Quarter to September 2026, against a year earlier

144.13 8.90 −5.82%

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Market cap: $184.9B
P/E: 87.9×
Fwd P/E: 97.3×
Dividend yield: —
F-score: 6/9
Altman Z: 75.00
Beneish M: −2.19
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Shopify Inc. (SHOP) Book value per share

Alert me on Book value per share

Shopify Inc.'s book value per share at the end of fiscal 2025 was 10.4×, up 15.7% from 9.0× in fiscal 2024. At the end of the quarter to 30 September 2026 it was 9.9×. Over the past ten years it has ranged from 0.3× (fiscal 2015) to 10.4× (fiscal 2025) — the current reading is the highest in ten years. Shopify Inc. ranks 54th of 229 Software Application companies by book value per share.

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<iframe src="https://stockrow.com/embed/SHOP/book-value-per-share" width="100%" height="360" style="border:0" loading="lazy" title="Shopify Inc. book value per share, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/SHOP/metrics/book-value-per-share">Shopify Inc. (SHOP) book value per share — stockrow.com</a></p>

Period	Book value per share	Change
FY2025	10.4×	15.75%
FY2024	9.0×	26.67%
FY2023	7.1×	8.73%
FY2022	6.5×	(27.15%)
FY2021	8.9×	66.84%
FY2020	5.4×	100.63%
FY2019	2.7×	34.86%
FY2018	2.0×	89.28%
FY2017	1.0×	113.89%
FY2016	0.5×	54.41%

Period	Book value per share	Change
Sep 2026	9.9×	1.17%
Jun 2026	9.8×	2.10%
Mar 2026	9.6×	(7.53%)
Dec 2025	10.4×	7.78%
43 more quarters	Free account

Against its own ten years

Low 0.3× High 10.4×

Ten-year median 5.4×

Current reading's percentile 100

Company	Book value per share
INTU Intuit Inc. compare	68.8×
CRM Salesforce, Inc. compare	46.8×
SAP SAP SE compare	46.5×
ADBE Adobe Inc. compare	29.8×
UBER Uber Technologies, Inc. compare	14.0×
ADP Automatic Data Processing, Inc. compare	12.8×
NOW ServiceNow, Inc. compare	12.7×
SHOP Shopify Inc.	9.9×
SNOW Snowflake Inc. compare	6.2×

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

Shopify Inc. (SHOP) Book value per share

Book value per share, annual

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Quarterly newest first

Against its own ten years

Book value per share against peers

What Book value per share is

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Book value per share, annual

Annual newest first

Quarterly newest first

Against its own ten years

Book value per share against peers

What Book value per share is

More on SHOP

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