Shares Outstanding for Shopify (SHOP)
According to Shopify's latest reported financial statements, the company's latest reported diluted shares outstanding is 1.30B. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
SHOP
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Latest period
1.30B
YoY change
+0.3%
5Y CAGR
+1.1%
Peak year (2025)
1.30B
Latest annual
1.30B
Shares Outstanding history chart for Shopify (SHOP) from 2012 to 2025
Shares Outstanding history table for Shopify (SHOP) from 2012 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 1.30B | +0.3% | ||
| 2024 | 1.30B | +0.5% | ||
| 2023 | 1.30B | +2.3% | ||
| 2022 | 1.27B | -0.6% | ||
| 2021 | 1.27B | +3.2% | ||
| 2020 | 1.23B | +9.2% | ||
| 2019 | 1.13B | +7.0% | ||
| 2018 | 1.06B | +10.3% | ||
| 2017 | 957.75M | +14.0% | ||
| 2016 | 839.89M | +36.1% | ||
| 2015 | 617.16M | -7.4% | ||
| 2014 | 666.21M | +0.5% | ||
| 2013 | 663.02M | +0.3% | ||
| 2012 | 661.00M | — |
Shares Outstanding values are taken from Shopify's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Shopify (SHOP) most recent annual diluted shares outstanding stands at 1.30B (2025) – edged up 0.3% year-over-year.
Across 2020–2025 (5 years), Shopify diluted shares outstanding produced a CAGR of +1.1% – sustaining 3 straight years of year-over-year growth.
The dataset's maximum diluted shares outstanding sits at 1.30B (2025); the minimum reading of 617.16M dates to 2015.
Within Technology, Shopify (SHOP) ranks 7th among 8 peers we track. The peer median for diluted shares outstanding is 5.02B.
Shopify Shares Outstanding by Year
Shopify Shares Outstanding 2025: 1.30B
Shopify diluted shares outstanding in 2025 was 1.30B, edged up 0.3% from 2024. This figure represents the highest annual value in the available history.
Shopify Shares Outstanding 2024: 1.30B
Shopify diluted shares outstanding in 2024 was 1.30B, edged up 0.5% from 2023.
Shopify Shares Outstanding 2023: 1.30B
Shopify diluted shares outstanding in 2023 was 1.30B, edged up 2.3% from 2022.
Shopify Shares Outstanding 2022: 1.27B
Shopify diluted shares outstanding in 2022 was 1.27B, edged down 0.6% below 2021.
Shopify Shares Outstanding 2021: 1.27B
Shopify diluted shares outstanding in 2021 was 1.27B.
See more financial history for Shopify (SHOP).
Sector peers — Shares Outstanding
Companies in the same sector as Shopify, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| NVIDIA Corporation (NVDA) | 24.43B | Technology |
| Apple Inc. (AAPL) | 15.00B | Technology |
| Microsoft Corporation (MSFT) | 7.46B | Technology |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | 5.19B | Technology |
| Broadcom Inc. (AVGO) | 4.85B | Technology |
| Advanced Micro Devices, Inc. (AMD) | 1.64B | Technology |
| Micron Technology, Inc. (MU) | 1.13B | Technology |
| ASML Holding N.V. (ASML) | 388.90M | Technology |
Frequently asked questions
What is Shopify's diluted shares outstanding?
- Latest reported diluted shares outstanding for Shopify (SHOP) is 1.30B (period ending December 31, 2025).
How has Shopify diluted shares outstanding changed year-over-year?
- Shopify (SHOP) diluted shares outstanding changed +0.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Shopify diluted shares outstanding?
- Shopify (SHOP) diluted shares outstanding compound annual growth rate is +1.1% over the most recent 5 years available.
When did Shopify diluted shares outstanding hit its highest annual value?
- Shopify diluted shares outstanding reached its highest annual value of 1.30B in 2025.
What was Shopify diluted shares outstanding in 2024?
- Shopify (SHOP) diluted shares outstanding in 2024 was 1.30B.
What was Shopify diluted shares outstanding in 2025?
- Shopify (SHOP) diluted shares outstanding in 2025 was 1.30B.
Metrics overview
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