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
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Shopify Inc. (SHOP) Shares outstanding
Shopify Inc.'s shares outstanding at the end of fiscal 2025 was $1.3B, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was $1.3B. Over the past ten years it has ranged from $617.2M (fiscal 2015) to $1.3B (fiscal 2025) — the current reading is the highest in ten years. Shopify Inc. ranks 3rd of 211 Software Application companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $1.3B | 0.26% |
| FY2024 | $1.3B | 0.46% |
| FY2023 | $1.3B | 2.31% |
| FY2022 | $1.3B | (0.58%) |
| FY2021 | $1.3B | 3.16% |
| FY2020 | $1.2B | 9.23% |
| FY2019 | $1.1B | 6.96% |
| FY2018 | $1.1B | 10.33% |
| FY2017 | $957.8M | 14.03% |
| FY2016 | $839.9M | 36.09% |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Sep 2026 | $1.3B | (0.56%) |
| Jun 2026 | $1.3B | (0.42%) |
| Mar 2026 | $1.3B | (0.12%) |
| Dec 2025 | $1.3B | (0.60%) |
| 43 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| UBER Uber Technologies, Inc. compare | $2.1B |
| SHOP Shopify Inc. | $1.3B |
| SAP SAP SE compare | $1.2B |
| NOW ServiceNow, Inc. compare | $1.0B |
| CRM Salesforce, Inc. compare | $821.0M |
| ADP Automatic Data Processing, Inc. compare | $397.6M |
| ADBE Adobe Inc. compare | $395.0M |
| SNOW Snowflake Inc. compare | $349.3M |
| INTU Intuit Inc. compare | $277.0M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
More on SHOP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement