Shopify Inc. (SHOP) Stock
NYSESHOP has an Alpha Score of 42 out of 100 (weak), computed on Oct 28, 2026 from 3 of 4 sub-scores. 6 members of Congress disclosed 26 trades in SHOP since 2019: 15 purchases and 11 sales, most recently Jonathan Jackson (sale, Feb 3, 2026). 5 of the hedge funds AlphaScala tracks reported SHOP in 13F filings for the quarter ended Jun 30, 2026; the largest reported position is ARK Invest's at $474.52M. Its trailing P/E ratio is 118.0 and its net margin 14.5% (key statistics as of Oct 22, 2026).
What is SHOP's Alpha Score?
How it works →Alpha Score of 42 reflects weak overall profile with strong momentum, poor value, moderate quality. Based on 3 of 4 signals – score is capped at 90 until remaining data ingests.
Computed from 3 of 4 sub-scores; a sub-score is left out when its inputs are missing, and the composite is capped accordingly.
Computed Oct 28, 2026
A rules-based research rating, not a recommendation to buy or sell.
Which members of Congress traded Shopify Inc. (SHOP)?
Most recent: Jonathan Jackson (sale, Feb 3, 2026); records start Jul 23, 2019.
| Politician | Trade date | Type | Amount |
|---|---|---|---|
| Jonathan Jackson D-IL · House | 2026-02-03 | sale | $1k – $15k |
| Jonathan Jackson D-IL · House | 2026-01-30 | sale | $50k – $100k |
| Jonathan Jackson D-IL · House | 2025-12-08 | purchase | $50k – $100k |
| Jonathan Jackson D-IL · House | 2025-10-08 | purchase | $1k – $15k |
| Jonathan Jackson D-IL · House | 2025-10-06 | purchase | $15k – $50k |
| Lisa McClain R-MI · House | 2025-06-09 | sale | $1k – $15k |
| Rob Bresnahan R-PA · House | 2025-04-03 | sale | $1k – $15k |
| Josh Gottheimer D-NJ · House | 2025-03-19 | partial sale | $1k – $15k |
From STOCK Act periodic transaction reports. House filings as of Oct 29, 2026. Senate records here end Oct 21, 2026; later Senate trades are not included.
Every member of Congress who traded SHOP, with filing lags →Which hedge funds own SHOP?
From 13F filings| Fund | Shares Held | Position Value | Change vs prior Q |
|---|---|---|---|
| ARK Invest Cathie Wood | 4.16M | $474.52M | -1% |
| D.E. Shaw David Shaw | 2.39M | $273.39M | +65% |
| Citadel Ken Griffin | 2.07M | $235.79M | +391% |
| Marshall Wace | 1.63M | $186.51M | -36% |
| Millennium Management Israel Englander | 247K | $28.21M | +6% |
13F holdings as of Jun 30, 2026
Explore all tracked funds →What are SHOP's key statistics?
Key statistics as of Oct 22, 2026
How does SHOP's valuation compare with the Technology sector?
| Metric | SHOP | Technology median | Companies in median |
|---|---|---|---|
| P/E ratio | 118.0 | 33.7 | 160 |
| Net margin | 14.53% | 11.90% | 181 |
| Return on equity | 15.07% | 15.65% | 184 |
Medians over the Technology stocks whose key statistics were refreshed in the last 35 days (newest Nov 1, 2026). P/E excludes loss-making companies.
What did Shopify Inc.'s latest SEC filings say?
Latest 5Shopify Files 2025 Annual Report Detailing Financial Position and Debt Retirement
Shopify Inc. filed its 10-K for the fiscal year ended December 31, 2025. The filing confirms the company successfully retired its 0.125% convertible senior notes due in 2025, which were settled on November 3, 2025. The company continues to maintain a diversified investment portfolio, including equity stakes in Affirm Holdings, Global-e Online, and Klaviyo. The report outlines the company's ongoing focus on subscription and merchant solutions, with revenue streams categorized under subscription and service segments. Shopify maintains various financial instruments, including foreign exchange forward contracts, to manage market risks. The company also reported on its ongoing equity incentive plans, including restricted stock units and performance shares granted under its long-term incentive plan. The filing includes standard disclosures regarding intangible assets, leasehold improvements, and merchant cash advances, reflecting the company's operational scale and capital allocation strategy. No significant changes to business segments were noted beyond the previously reported divestiture of logistics businesses.
- ›Retired 0.125% convertible senior notes due 2025 on November 3, 2025.
- ›Maintained equity investment positions in Affirm, Global-e, and Klaviyo.
- ›Continued use of foreign exchange forward contracts for risk management.
- ›Reported ongoing issuance of restricted stock units and performance shares under long-term incentive plans.
- ›Maintained classification of revenue into subscription and service segments.
Shopify Announces Fourth Quarter 2025 Financial Results and New Share Repurchase Program
On February 11, 2026, Shopify Inc. filed an 8-K report to announce its financial results for the quarter and full year ended December 31, 2025. The filing serves to formally communicate the release of these results, which were provided in an attached press release. In addition to the financial reporting, the company disclosed a new capital allocation initiative approved by its Board of Directors. The Board authorized a share repurchase program allowing the company to buy back up to US$2.0 billion of its Class A subordinate voting shares. This authorization is subject to a volume constraint, stipulating that the total number of shares repurchased cannot exceed 5% of the company's currently issued and outstanding Class A subordinate voting shares. The program is scheduled to commence on February 17, 2026, and does not carry a fixed expiration date. Management indicated that the execution of the repurchase program will be contingent upon several variables, including prevailing market prices, general business conditions, and the availability of alternative investment opportunities. The company may utilize various methods to execute these repurchases, including open market transactions on the Nasdaq, privately negotiated deals, block trades, or the implementation of Rule 10b5-1 trading plans. The filing notes that the information provided under Item 2.02 and the associated exhibit are furnished rather than filed for the purposes of Section 18 of the Securities Exchange Act of 1934.
- ›Reported financial results for the quarter and full year ended December 31, 2025.
- ›Authorized a share repurchase program for up to US$2.0 billion of Class A subordinate voting shares.
- ›Limited share repurchases to a maximum of 5% of total issued and outstanding Class A shares.
- ›Set the effective date for the share repurchase program for February 17, 2026.
- ›Confirmed the program has no fixed expiration date and may be executed via open market or private transactions.
Shopify Files Form 8-K to Disclose 2025 Black Friday Cyber Monday Performance Data
Shopify Inc. filed a Form 8-K on December 2, 2025, to formally announce the release of its performance data regarding the 2025 Black Friday Cyber Monday shopping period. The filing serves as a vehicle to provide investors and the public with the company's official press release, which is included as Exhibit 99.1. The company utilized Item 8.01 of the Form 8-K, which is designated for other events that the registrant deems of importance to security holders. In accordance with standard regulatory practices for this type of disclosure, the information contained within the press release is not considered filed for the purposes of Section 18 of the Securities Exchange Act of 1934. Consequently, the data is not subject to the liabilities associated with that section, nor is it incorporated by reference into any other filings under the Securities Act of 1933 or the Exchange Act, unless explicitly stated otherwise by the company in future documentation.
- ›Shopify issued a press release detailing 2025 Black Friday Cyber Monday performance metrics.
- ›The 8-K filing serves as a formal disclosure of the aforementioned performance data.
- ›The provided information is not deemed filed under Section 18 of the Exchange Act.
Shopify Files Q3 2025 Quarterly Report Detailing Financial Position and Debt Maturity
Shopify Inc. filed its 10-Q for the third quarter ended September 30, 2025. The filing provides a comprehensive overview of the company's financial standing, including its balance sheet, equity structure, and investment portfolio. Key disclosures include the fair value measurements of various financial assets, such as investments in Affirm Holdings, Global-e Online, and Klaviyo. The company maintains a mix of Level 1, Level 2, and Level 3 financial assets, reflecting its strategic holdings and cash management activities. A significant focus of the filing is the 0.125% Convertible Senior Notes due in 2025. The company notes that these notes are approaching maturity, with specific disclosures regarding their fair value and subsequent events as of November 3, 2025. The report also details various operating expenses, including research and development, selling and marketing, and general and administrative costs, alongside reclassifications out of accumulated other comprehensive income related to cash flow hedges. The filing confirms the company's capital structure, including Class A and Class B common shares and founder shares, and provides updates on stock-based compensation plans, including restricted stock units and long-term incentive plans.
- ›Disclosure of 0.125% Convertible Senior Notes due 2025 approaching maturity.
- ›Updated fair value measurements for strategic equity investments in Affirm, Global-e, and Klaviyo.
- ›Reclassification of accumulated other comprehensive income related to cash flow hedges.
- ›Detailed breakdown of merchant cash advances and finance receivables aging.
- ›Updates to stock-based compensation plans including restricted stock units and long-term incentive programs.
Shopify Inc. Files Form 8-K to Report Financial Results for Third Quarter 2025
On November 4, 2025, Shopify Inc. filed a Form 8-K with the Securities and Exchange Commission to formally announce the release of its financial results for the fiscal quarter ended September 30, 2025. The filing serves as the official notification that the company has issued a press release detailing its operational and financial performance for the period. In accordance with Item 2.02 of Form 8-K, the company provided the press release as Exhibit 99.1. The filing clarifies that the information contained within the press release is furnished rather than filed for the purposes of Section 18 of the Securities Exchange Act of 1934. Consequently, this information is not subject to the liabilities of that section and is not incorporated by reference into other filings under the Securities Act of 1933 or the Exchange Act, unless explicitly stated otherwise by the company in future documentation.
- ›Shopify Inc. reported financial results for the quarter ending September 30, 2025.
- ›The company issued a press release regarding its quarterly performance on November 4, 2025.
- ›Financial results were furnished as Exhibit 99.1 to the 8-K filing.
SHOP price chart
Powered by TradingViewWhat does Shopify Inc. do?
Shopify Inc. is a global commerce company that provides essential internet infrastructure for commerce, offering trusted tools to start, scale, market, and run retail businesses of any size. Its platform enables merchants to manage their operations across multiple sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Key features include a unified view of business activities for handling products and inventory, processing orders and payments, fulfilling and shipping orders, building customer relationships, sourcing products, leveraging analytics and reporting, and accessing financing—all from one integrated back office. Shopify Inc. also offers Shopify Payments, a fully integrated payment processing service for accepting and processing payment cards both online and offline. Additional services encompass the sale of themes and apps, shipping labels through Shopify Shipping, point-of-sale hardware, advertising on the Shopify App Store, Shop Campaigns for buyer acquisition, and domain name registration. Founded in 2004 and headquartered in Ottawa, Canada, Shopify Inc. supports merchants worldwide in the e-commerce ecosystem.