Current
$141.08B
5-Year Average
$115.21B
All-Time High
$234.32B
All-Time Low
$1.13B
Market cap daily chart for Shopify (SHOP)
Jun 16, 2021 – Jun 12, 2026 · 1,254 trading days
Market Cap growth chart for Shopify (SHOP) from 2015 to 2026
Latest: -32.8%
Market Cap history table for Shopify (SHOP) from 2015 to 2026
| 2026 | $141.08B | -32.8% | −$68.98B | ||
| 2025 | $210.06B | +51.8% | +$71.67B | ||
| 2024 | $138.39B | +37.1% | +$37.47B | ||
| 2023 | $100.92B | +129.6% | +$56.97B | ||
| 2022 | $43.95B | -74.9% | −$131.48B | ||
| 2021 | $175.43B | +25.5% | +$35.68B | ||
| 2020 | $139.75B | +211.0% | +$94.82B | ||
| 2019 | $44.94B | +207.2% | +$30.31B | ||
| 2018 | $14.63B | +51.2% | +$4.96B | ||
| 2017 | $9.67B | +168.7% | +$6.07B | ||
| 2016 | $3.60B | +126.1% | +$2.01B | ||
| 2015 | $1.59B | — | — |
- 2026$141.08B-32.8%
- 2025$210.06B+51.8%
- 2024$138.39B+37.1%
- 2023$100.92B+129.6%
- 2022$43.95B-74.9%
- 2021$175.43B+25.5%
- 2020$139.75B+211.0%
- 2019$44.94B+207.2%
- 2018$14.63B+51.2%
- 2017$9.67B+168.7%
- 2016$3.60B+126.1%
- 2015$1.59B—
Market Cap values are taken from Shopify's reported income statements (share counts) and end-of-day prices (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Market Cap at Shopify (SHOP)
According to Shopify's latest reported financial statements, the company's latest reported market cap is $154.60B. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2026 reading of Shopify (SHOP) market cap is $141.08B – plunged 32.8% year-over-year.
Across 2021–2026 (5 years), Shopify market cap produced a CAGR of -4.3% – with a net decline across the window.
Shopify market cap plunged from $210.06B in 2025 to $141.08B in 2026, a 32.8% drawdown.
2025 marks the peak market cap at $210.06B, with the historical low of $1.59B recorded in 2015.
Shopify Market Cap by Year
Shopify Market Cap 2026: $141.08B
In 2026, Shopify reported market cap of $141.08B, plunged 32.8% below 2025.
Shopify Market Cap 2025: $210.06B
Shopify market cap in 2025 was $210.06B, surged 51.8% from 2024. This figure represents the highest annual value in the available history.
Shopify Market Cap 2024: $138.39B
2024's market cap for Shopify came in at $138.39B, surged 37.1% from 2023.
Shopify Market Cap 2023: $100.92B
Shopify posted market cap of $100.92B in 2023, surged 129.6% from 2022.
Shopify Market Cap 2022: $43.95B
Shopify market cap in 2022 was $43.95B.
See more financial history for Shopify (SHOP).
Sector peers by Market Cap
Technology peers of Shopify (SHOP), ranked by their latest market cap
| $4.97T | |
| $4.35T | |
| $2.90T | |
| $2.20T | |
| $1.82T | |
| $1.11T | |
| $834.17B | |
| $718.25B |
- $4.97T
- $4.35T
- $2.90T
- $2.20T
- $1.82T
- $1.11T
- $834.17B
- $718.25B
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Shopify (SHOP) Key Financials
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