SHOP SHOPIFY INC.
What matters nowUpdated 5 h ago
- On October 9 Shopify began sharing compare-at prices with agentic shopping channels through Shopify Catalog, so AI agents can now see when a product is marked down 1. On October 1 it launched Canvas, a chat-driven visual store builder powered by Sidekick, which Shopify says is rolling out over the coming days 2.
- SHOP traded at 177.70 on the pooled 24/7 venue price, down 0.39% from the previous close of 178.40. The largest recent gains came on September 21 (+7.57%) and September 22 (+6.27%), when Shopify and Meta agreed that Meta's Muse assistant can complete purchases on Shopify stores through Shop Pay 3.
- In Q2 2026 GMV reached $115.6B, up 32%, and subscription revenue rose 22% to $802M with monthly recurring revenue of $221M. Over the 12 months to June 30 revenue was $13.27B, with a 47.8% gross margin, a 13.9% operating margin and $2.35B of free cash flow.
- At a $230.6B market cap the stock trades on 120x trailing earnings and 17.4x sales, with a 1.0% free-cash-flow yield; no insider buys or sells were recorded in the last 180 days.
- Q3 2026 results and the conference call are confirmed for November 3, 2026 at 13:30 UTC. Polymarket gives 81.5% odds of no change in Fed rates after the October 2026 meeting and 17.5% odds of a 25 bp increase, with September CPI due October 14 at 12:30 UTC.
Valuation & fundamentalsFull financials →
TTM through 2026-06-30 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →
Every venue
| Venue | Price | vs pool | 24h vol | Open int. | Funding 8h |
|---|---|---|---|---|---|
| binance perp SHOPUSDT · just now | 176.19 | −0.01% | $885.4K | $511.2K | 0.0000% |
| bitget perp SHOPUSDT · just now | 176.47 | +0.15% | $95.6K | $564.0K | 0.0000% |
| bybit perp SHOPUSDT · just now | 176.36 | +0.09% | $86.1K | $857.8K | 0.0000% |
| okx perp SHOP-USDT-SWAP · just now | 175.96 | −0.14% | $85.0K | $180.1K | 0.0000% |
Pooled price = volume-weighted median of venues within 2% of each other. Venue markets for stocks, indices and gold are 24/7 perpetual contracts; they track but are not the official exchange price.
Open interest, 120 days
US$ millions, all venues
Funding, 120 days
Annualised %, OI-weighted. Positive: longs pay shorts.
NewsAll news →
Shopify shares compare-at prices with AI shopping agents through Catalog
On October 9, 2026 Shopify began sharing compare-at prices with agentic shopping channels through Shopify Catalog.
Shopify's holiday report says AI shoppers are choosing indie brands and personal picks
On October 6, 2026 Shopify published its 2026 holiday retail report, which it uses to argue that AI shopping tools are shifting demand toward smaller brands.
Shopify sets Q3 2026 results for November 3 before the open
On October 6, 2026 Shopify announced it will report third-quarter 2026 results before markets open on Tuesday, November 3, 2026.
Shop app adds faster checkout and carts that sync across devices
Shopify updated the Shop app on October 5, 2026 with faster checkout and carts synced across devices.
Shopify launches Canvas, a chat-driven visual store builder powered by Sidekick
Shopify launched Canvas on October 1, 2026, a visual workspace where merchants see every page of their store at once and build with Sidekick.
Shop app moves to shop.com as Shopify updates its consumer brand address
Shopify said on September 29, 2026 that Shop is now available at shop.com.
Shopify Tax to tax return shipping fees in the US from October 23, 2026
Shopify announced on September 25, 2026 that Shopify Tax and Tax Platform will calculate sales tax on return shipping fees in the US.
Shopify and Meta agree that Muse can check out on Shopify stores with Shop Pay
Shopify and Meta agreed on September 21, 2026 to let Meta's Muse AI assistant complete purchases on Shopify stores through Shop Pay.
Shopify admin gets a redesign with Sidekick moved to the bottom of every page
Shopify redesigned its merchant admin on September 15, 2026 and moved the Sidekick AI assistant to a fixed position at the bottom of every page.
Shopify adds WhatsApp marketing consent collection at checkout
Shopify started letting merchants collect WhatsApp marketing consent at checkout on September 10, 2026.
Meta becomes an AI sales channel in Shopify admin with products shared by default
On September 8, 2026 Shopify said Meta now appears as an AI channel inside Agentic Storefronts in the merchant admin.
Shopify Payments now available to merchants in the United Arab Emirates
Shopify Payments became available in the United Arab Emirates on the Advanced plan on August 26, 2026.
Shopify Managed Markets ends Delivered Duty Unpaid support
Shopify said on August 11, 2026 that Managed Markets will no longer support Delivered Duty Unpaid (DDU) shipping terms.
Shopify repurchased $1.42B of its own stock in Q2 2026
Shopify's cash flow statement for the quarter ended June 30, 2026 shows $1.42 billion of share repurchases, against none in the same quarter of 2025.
Shopify reports fiscal Q2 2026 results: revenue $3.58B, up 34% from a year earlier
Shopify filed a Form 8-K with the SEC on Aug 5, 2026, 7:01 AM ET, reporting an event dated Aug 5, 2026.