NASDAQ · SHOPTechnologyPackaged Software

Shopify Inc. Class A subordinate voting shares (SHOP)

$153.03+7.34%
Close Nov 4, 2026 · split-adjusted
Nov 3, 2026$142.57▼ 17.56% in range
Earnings Nov 3, 2026Earnings Aug 5, 2026Earnings May 5, 2026Earnings Feb 11, 2026
Nov 3, 2025Low $95.40 · High $179.22Nov 3, 2026
What changed · written from our data
As of Nov 4, 2026

Shopify closed at $153.03 on Nov 4, up 7.34%, 14.6% below its 52-week closing high. Volume of 13.2M shares was 1.46× its 20-day average (above normal).

Split-adjusted performance: -6.9% over one month, +45.1% over six months, -11.5% over one year.

In the quarter ended Jun 30, 2026, revenue was $3.58B, up 33.7% from a year earlier, with a net margin of 41.9%.

Short interest was 20.8M shares at the Oct 15 settlement, up 3.0% from the prior report (1.8% of float, 2.6 days to cover).

After its Nov 3 report (EPS beat estimates by 6.2%), the stock moved -2.0% from the close before to the close after.

Market cap$196.90B1.29B shares
Revenue · quarter$3.58B+33.7% YoY
Diluted EPS$1.16+68.1% YoY
P/E · TTM102.1×P/S 14.8×
Net margin41.9%Gross 47.7%
Dividend yieldNone
52-week range95.40 – 179.22−14.6% from high
Volume13.2M1.46× 20-day avg
Volatility · 60d53.7%Annualised
Short % of float1.8%2.6 days to cover
Net cash$4.95BCash $4.95B
Next earnings—Not scheduled
Split-adjusted performance
1W −9.0%1M −6.9%3M +3.8%6M +45.1%YTD −4.9%1Y −11.5%3Y +226.2%5Y +12.4%

Earnings reactions

History →
Nov 3−2.0%
Aug 5+19.6%
May 5−17.3%
Feb 11−13.0%

Close before the report to close after it.

Rank within Packaged Software

Percentile among 173 companies (100 = best)

6-month momentum65
Revenue growth85
Net margin97
Value (low P/E)16
Size98

Industry medians: 6-month return +23.9%, revenue growth +13.1%, net margin 1.8%, P/E 41.5×.

Short interest

Details →
Shares short20.8M+3.0% vs prior
Days to cover2.6Settled Oct 15
% of float1.8%
Short vol. 10d30.5%of daily volume

Closest peers by size in Packaged Software

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
SHOPShopify$153.03+7.34%+45.1%+33.7%41.9%102.1$196.90B
CRMSalesforce$227.11+2.21%+25.3%+10.8%31.1%19.3$186.91BCompare
CRWDCrowdStrike Holdings$241.00−1.50%+106.0%+25.8%0.4%4,221.1$246.77BCompare
NOWSERVICENOW$108.81−0.32%+22.2%+20.5%6.7%78.2$112.94BCompare
ORCLOracle$123.73−1.95%−36.2%+29.6%24.2%20.0$375.09BCompare
SNOWSnowflake$290.60−1.50%+108.0%+35.1%−12.4%—$102.52BCompare
ADBEAdobe$248.48+0.95%−0.7%+12.9%27.0%13.3$96.71BCompare
INTUIntuit$356.64+3.46%−8.2%+13.7%8.3%20.9$95.31BCompare
NETCloudflare$266.58−2.57%+7.2%+35.9%−24.4%—$94.92BCompare

Quick answers

What does Shopify do?
Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments.
What is SHOP's market cap?
$196.90B, based on the Nov 4 close of $153.03.
What is SHOP's P/E ratio?
102.1× trailing-twelve-month earnings of $1.93B.
Does Shopify pay a dividend?
No regular cash dividend has been paid in the last year.
How much of SHOP is sold short?
20.8M shares, 1.8% of float, as of Oct 15, 2026.
What sector is SHOP in?
Technology, in the Packaged Software industry.

About Shopify

Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.

HQ: Ottawa, 7,600 employeesListed May 21, 2015shopify.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology