Shopify (SHOP) Historical Monthly & Quarterly Returns
Dividend-adjusted returns by month and quarter. Compare performance across years.
Shopify
SHOP
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 18.5% | 8.0% | 1.7% | +2.2% | — | — | — | — | — | — | — | — |
| 2025 | +9.8% | 4.1% | 14.8% | 0.5% | +12.9% | +7.6% | +5.9% | +15.6% | +5.2% | +17.0% | 8.8% | +1.5% |
| 2024 | +2.8% | 4.6% | +1.0% | 9.0% | 15.7% | +11.7% | 7.3% | +21.0% | +8.2% | 2.4% | +47.8% | 8.0% |
| 2023 | +41.9% | 16.5% | +16.5% | +1.1% | +18.0% | +13.0% | +4.6% | 1.6% | 17.9% | 13.5% | +54.3% | +7.0% |
| 2022 | 30.0% | 28.0% | 2.6% | 36.9% | 12.1% | 16.7% | +11.5% | 9.1% | 14.9% | +27.1% | +19.4% | 15.1% |
| 2021 | 3.0% | +16.6% | 13.6% | +6.9% | +5.1% | +17.5% | +2.7% | +1.7% | 11.1% | +8.2% | +3.8% | 9.5% |
| 2020 | +17.1% | 0.5% | 10.0% | +51.7% | +19.8% | +25.3% | +7.9% | +4.1% | 4.1% | 9.5% | +17.8% | +3.8% |
| 2019 | +21.7% | +12.3% | +9.2% | +17.9% | +12.9% | +9.2% | +5.9% | +21.2% | 19.1% | +0.6% | +7.4% | +18.1% |
| 2018 | +26.6% | +8.1% | 9.8% | +7.2% | +10.9% | 1.5% | 5.3% | +5.4% | +12.9% | 16.0% | +10.5% | 9.3% |
| 2017 | +18.4% | +16.5% | +15.0% | +11.6% | +20.9% | 5.4% | +6.3% | +20.0% | +5.0% | 14.6% | +4.3% | 2.7% |
| 2016 | 10.1% | 3.4% | +25.9% | +13.1% | 8.2% | +5.1% | +11.4% | +20.7% | +3.6% | 3.5% | +0.7% | +2.9% |
| 2015 | — | — | — | — | +60.0% | +25.0% | +10.0% | 26.5% | +28.0% | 8.5% | 18.3% | 1.9% |
| Avg | +7.0% | 1.1% | +1.4% | +5.9% | +11.3% | +8.2% | +4.9% | +6.6% | 0.4% | 1.4% | +12.6% | 1.2% |
| Median | +9.8% | 3.4% | 1.7% | +6.9% | +12.9% | +9.2% | +5.9% | +5.4% | +3.6% | 3.5% | +7.4% | 1.9% |
| Win % | 64% | 36% | 45% | 73% | 73% | 73% | 82% | 73% | 55% | 36% | 82% | 45% |
2026
Jan18.5%
Feb8.0%
Mar1.7%
Apr+2.2%
May—
Jun—
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+9.8%
Feb4.1%
Mar14.8%
Apr0.5%
May+12.9%
Jun+7.6%
Jul+5.9%
Aug+15.6%
Sep+5.2%
Oct+17.0%
Nov8.8%
Dec+1.5%
2024
Jan+2.8%
Feb4.6%
Mar+1.0%
Apr9.0%
May15.7%
Jun+11.7%
Jul7.3%
Aug+21.0%
Sep+8.2%
Oct2.4%
Nov+47.8%
Dec8.0%
2023
Jan+41.9%
Feb16.5%
Mar+16.5%
Apr+1.1%
May+18.0%
Jun+13.0%
Jul+4.6%
Aug1.6%
Sep17.9%
Oct13.5%
Nov+54.3%
Dec+7.0%
2022
Jan30.0%
Feb28.0%
Mar2.6%
Apr36.9%
May12.1%
Jun16.7%
Jul+11.5%
Aug9.1%
Sep14.9%
Oct+27.1%
Nov+19.4%
Dec15.1%
2021
Jan3.0%
Feb+16.6%
Mar13.6%
Apr+6.9%
May+5.1%
Jun+17.5%
Jul+2.7%
Aug+1.7%
Sep11.1%
Oct+8.2%
Nov+3.8%
Dec9.5%
2020
Jan+17.1%
Feb0.5%
Mar10.0%
Apr+51.7%
May+19.8%
Jun+25.3%
Jul+7.9%
Aug+4.1%
Sep4.1%
Oct9.5%
Nov+17.8%
Dec+3.8%
2019
Jan+21.7%
Feb+12.3%
Mar+9.2%
Apr+17.9%
May+12.9%
Jun+9.2%
Jul+5.9%
Aug+21.2%
Sep19.1%
Oct+0.6%
Nov+7.4%
Dec+18.1%
2018
Jan+26.6%
Feb+8.1%
Mar9.8%
Apr+7.2%
May+10.9%
Jun1.5%
Jul5.3%
Aug+5.4%
Sep+12.9%
Oct16.0%
Nov+10.5%
Dec9.3%
2017
Jan+18.4%
Feb+16.5%
Mar+15.0%
Apr+11.6%
May+20.9%
Jun5.4%
Jul+6.3%
Aug+20.0%
Sep+5.0%
Oct14.6%
Nov+4.3%
Dec2.7%
2016
Jan10.1%
Feb3.4%
Mar+25.9%
Apr+13.1%
May8.2%
Jun+5.1%
Jul+11.4%
Aug+20.7%
Sep+3.6%
Oct3.5%
Nov+0.7%
Dec+2.9%
2015
Jan—
Feb—
Mar—
Apr—
May+60.0%
Jun+25.0%
Jul+10.0%
Aug26.5%
Sep+28.0%
Oct8.5%
Nov18.3%
Dec1.9%
Avg
Jan+7.0%
Feb1.1%
Mar+1.4%
Apr+5.9%
May+11.3%
Jun+8.2%
Jul+4.9%
Aug+6.6%
Sep0.4%
Oct1.4%
Nov+12.6%
Dec1.2%
Median
Jan+9.8%
Feb3.4%
Mar1.7%
Apr+6.9%
May+12.9%
Jun+9.2%
Jul+5.9%
Aug+5.4%
Sep+3.6%
Oct3.5%
Nov+7.4%
Dec1.9%
Win %
Jan64%
Feb36%
Mar45%
Apr73%
May73%
Jun73%
Jul82%
Aug73%
Sep55%
Oct36%
Nov82%
Dec45%
Frequently asked questions
What is the best performing month for Shopify (SHOP) stock?
- Historically, November is the best performing month for Shopify (SHOP) stock with an average return of +12.63%.
What is the worst performing month for Shopify (SHOP) stock?
- Historically, October is the worst performing month for Shopify (SHOP) stock with an average return of 1.38%.
What is the best performing quarter for Shopify (SHOP) stock?
- Historically, Q2 is the best performing quarter for Shopify (SHOP) stock with an average return of +29.04%.
What is the worst performing quarter for Shopify (SHOP) stock?
- Historically, Q1 is the worst performing quarter for Shopify (SHOP) stock with an average return of +8.45%.
What is the best performing year for Shopify (SHOP) stock?
- Historically, 2019 is the best performing year for Shopify (SHOP) stock with a return of +187.08%.
What is the worst performing year for Shopify (SHOP) stock?
- Historically, 2022 is the worst performing year for Shopify (SHOP) stock with a return of 74.80%.
Which month has the highest win rate for Shopify (SHOP) stock?
- Historically, July has the highest win rate for Shopify (SHOP) stock — positive in 82% of years.
Which month has the lowest win rate for Shopify (SHOP) stock?
- Historically, February has the lowest win rate for Shopify (SHOP) stock — positive in 36% of years.
Which quarter has the highest win rate for Shopify (SHOP) stock?
- Historically, Q2 has the highest win rate for Shopify (SHOP) stock — positive in 83% of years.
Which quarter has the lowest win rate for Shopify (SHOP) stock?
- Historically, Q1 has the lowest win rate for Shopify (SHOP) stock — positive in 55% of years.
Data & methodology
How are returns calculated?
- We compare the closing price at the end of each period (month or quarter) with the closing price at the end of the previous period. The return is the percentage change. All prices are adjusted for dividends and stock splits. Based on historical prices from our data provider.
What is average vs median?
- Average is the arithmetic mean of returns for each period across years. Median is the middle value. Both exclude empty cells. Use median to reduce impact of outliers.
What does the heatmap show?
- Green cells indicate positive returns, red cells indicate negative returns. The darker the color, the stronger the move. Average and Median rows summarize each column across years.
What is Win %?
- Percentage of years when the period had a positive return. For example, 80% for January means January was positive in 80% of the years in the selected range.
Explore more
SHOP Overview
Company profile, financial tools, and key metrics
Explore
SHOP Revenue Counter
Earns $366.44 every second. See per minute, hour, and day.
Explore
SHOP Earnings Counter
Earns $39.03 per second net profit. See per minute, hour, and day.
Explore
SHOP Economic Scale
Exceeds Malawi's GDP. Compare with world economies.
Explore
SHOP What If Invested
What if you had invested $1,000? See historical returns from any date.
Explore
SHOP How It Makes Money
Discover visual breakdown of $11.56B in revenue — where it comes from and where it goes.
Explore
SHOP Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
Explore
SHOP Daily Price Character
Explosive · 52.5% historical win rate (green days). Streaks & record days.
Explore
SHOP Buybacks
See repurchase history & metrics. Shareholder yield & SBC comparison.
Explore
SHOP Stock Split History
1 split on record. Dates, ratios, and cumulative multiple.
Explore
SHOP Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.
Explore