Shopify Inc. — SHOP
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $110.41 | $143.27B | 108.2 | 47.5 | 31.3% | 21.2% | - | 10.7 |
Latest Headlines
- · Is It Time To Reassess Shopify (SHOP) After Recent Share Price Weakness?
- · Shopify's Revenue Is Surging, but Stock Falls. Here's Why It's a Buying Opportunity.
- · Is Shopify a Buy as the Stock Continues to Slide?
- · Affirm Q3 Earnings Call Highlights
- · Cathie Wood buys $32M of e-commerce goliath after strong earnings
- · Unusual Shopify Stock Options Activity Signals a Unique Trade for Income and Upside
Revenue & Net Income
| Date | Revenue | Net_Income | EPS | Last_Updated | Revenue_Change | Net_Income_Change | EPS_Change | |
|---|---|---|---|---|---|---|---|---|
| 0 | 2020-12-31 | $2,929M | $320M | $0.27 | 2024-05-08 21:43:24 | N/A | N/A | N/A |
| 1 | 2021-12-31 | $5,600M | $-3,460M | $2.34 | 2026-05-08 22:02:07 | 91.2% | -1182.9% | 775.7% |
| 2 | 2022-12-31 | $5,600M | $-3,460M | $-2.73 | 2026-05-08 22:02:07 | 0.0% | 0.0% | -216.8% |
| 3 | 2023-12-31 | $7,060M | $132M | $0.10 | 2026-05-08 22:02:07 | 26.1% | -103.8% | -103.7% |
| 4 | 2024-12-31 | $8,880M | $2,019M | $1.56 | 2026-05-08 22:02:07 | 25.8% | 1429.5% | 1459.6% |
| 5 | 2025-12-31 | $11,556M | $1,231M | $1.56 | 2026-05-08 22:02:07 | 30.1% | -39.0% | 0.0% |
| 6 | TTM 2025-12-31 | $11,556M | $1,231M | $1.02 | 2026-02-16 08:48:51 | 0.0% | 0.0% | -34.6% |
EPS
Forecasts
Y/Y % Change
SHOP Year-over-Year Growth
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | Average | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | 91.2% | 0.0% | 26.1% | 25.8% | 30.1% | 27.1% | 22.1% | 31.8% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 11 | |
| EPS Growth (%) | -1182.9% | 0.0% | -103.8% | 1429.5% | -39.0% | 87.6% | 23.0% | 30.6% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 12 |
Expenses
| Year | Revenue ($) | Cost of Revenue ($) | R&D ($) | Sales & Marketing ($) | G&A ($) | SG&A ($) | Facilities / D&A ($) |
|---|---|---|---|---|---|---|---|
| 2022 | $5.6B | $2.8B | $1.5B | $1.2B | $708.0M | $1.9B | $93.0M |
| 2023 | $7.1B | $3.5B | $1.7B | $1.2B | $491.0M | $1.7B | $70.0M |
| 2024 | $8.9B | $4.4B | $1.4B | $1.4B | $410.0M | $1.8B | $36.0M |
| 2025 | $11.6B | $6.0B | $1.5B | $1.7B | $471.0M | $2.1B | $31.0M |
| TTM | $11.6B | $6.0B | $1.5B | $1.7B | $471.0M | $2.1B | $31.0M |
| Year | Revenue Change (%) | Cost of Revenue Change (%) | R&D Change (%) | Sales & Marketing Change (%) | G&A Change (%) | SG&A Change (%) | Facilities / D&A Change (%) |
|---|---|---|---|---|---|---|---|
| 2023 | 26.07 | 26.23 | 15.10 | -0.81 | -30.65 | -11.71 | -24.73 |
| 2024 | 25.78 | 25.81 | -20.98 | 14.18 | -16.50 | 5.38 | -48.57 |
| 2025 | 30.14 | 36.55 | 12.36 | 19.38 | 14.88 | 18.36 | -13.89 |
| TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
No unmapped expenses.
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $15,039M |
| 1 | Cash | $2,414M |
| 2 | Total Liabilities | $2,528M |
| 3 | Total Debt | $1,115M |
| 4 | Total Equity | $12,511M |
| 5 | Debt to Equity Ratio | 0.09 |
EPS & Dividend
Valuation
| Share Price | Treasury Yield | Estimates | Fair Value (P/E) | Fair Value (P/S) | Current P/S | Current P/E |
|---|---|---|---|---|---|---|
| $110.41 | 4.4% | Nicks Growth: 14% Nick's Expected Margin: 10% FINVIZ Growth: 31% |
Nicks: 25 Finviz: 104 |
Nick's: 2.509 | 12.4 | 108.2 |
| Basis | Year | Nicks Valuation | Nicks vs Share Price | Finviz Valuation | Finviz vs Share Price |
|---|---|---|---|---|---|
| $1.02 EPS | TTM | $25.59 | -76.8% | $105.90 | -4.1% |
| $1.78 EPS | 2026 | $44.66 | -59.5% | $184.81 | 67.4% |
| $2.19 EPS | 2027 | $54.95 | -50.2% | $227.38 | 105.9% |
Implied Growth
| Average | Median | Std Dev | Current | Percentile | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | |
| Timeframe | ||||||||||
| 1 Year | 30.57% | 25.81% | 30.67% | 26.76% | 2.36% | 2.45% | 31.44% | 21.41% | 57.0% | 3.6% |
| 3 Years | 30.57% | 25.81% | 30.67% | 26.76% | 2.36% | 2.45% | 31.44% | 21.41% | 57.0% | 3.6% |
| 5 Years | 30.57% | 25.81% | 30.67% | 26.76% | 2.36% | 2.45% | 31.44% | 21.41% | 57.0% | 3.6% |
| 10 Years | 30.57% | 25.81% | 30.67% | 26.76% | 2.36% | 2.45% | 31.44% | 21.41% | 57.0% | 3.6% |