Shopify is a leading cloud-based, multichannel commerce platform designed for small and medium-sized businesses. Merchants can use the software to design, set up and manage their stores across multiple sales channels, including web, mobile, social media such as Pinterest and Facebook, brick-and-mortar locations, and pop-up shops. The platform also provides a merchant with a powerful back-office and a single view of their business. The Shopify platform was engineered for reliability and scale, using enterprise-level technology made available to businesses of all sizes. Shopify currently powers over 200,000 businesses in approximately 150 countries, including: Tesla Motors, Budweiser, Wikipedia, LA Lakers, the New York Stock Exchange, GoldieBlox, and many more.

Company Growth (employees)
Type
Public
HQ
Ottawa, CA
Founded
2006
Size (employees)
1,900 (est)
Shopify was founded in 2006 and is headquartered in Ottawa, CA

Key People/Management at Shopify

Tobias Lütke

Tobias Lütke

CEO
Harley Finkelstein

Harley Finkelstein

Chief Operating Officer
Craig Miller

Craig Miller

Chief Marketing Officer
Brittany Forsyth

Brittany Forsyth

SVP of Human Relations

Shopify Office Locations

Shopify has offices in Ottawa, Toronto, Montréal, Waterloo and in 1 other location
Ottawa, CA (HQ)
150 Elgin St. 8th Floor
San Francisco, US
750 33 New Montgomery St
Waterloo, CA
57 Erb St W
Montréal, CA
490 Rue de la Gauchetière O
Toronto, CA
80 Spadina Ave

Shopify Financials and Metrics

Shopify Financials

Shopify's revenue was reported to be $151.7 m in Q2, 2017
USD

Revenue (Q2, 2017)

151.7 m

Gross profit (Q2, 2017)

86.8 m

Gross profit margin (Q2, 2017), %

57%

Net income (Q2, 2017)

(1.1 m)

EBIT (Q2, 2017)

(15.9 m)

Market capitalization (16-Oct-2017)

9.6 b

Closing share price (16-Oct-2017)

94.2
Shopify's current market capitalization is $9.6 b.
USDQ2, 2017

Revenue

151.7 m

Cost of goods sold

64.9 m

Gross profit

86.8 m

Gross profit Margin, %

57%
Show all financial metrics

Shopify Operating Metrics

Shopify's Users was reported to be 375 k in Q4, 2016
Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017

Gross Merchandise Volume

$1.6 b$1.9 b$2.8 b$7.7 b$2.7 b$3.4 b$3.8 b$5.5 b$15.4 b$4.84 b

Monthly Recurring Revenue

$8.5 m$9.8 m$113 m$12.8 m$14.4 m$16.3 m$18.5 m$20.73 m

Users

325 k375 k377.5 k

Gross Payment Volume

$1.5 b$2.2 b
Show all operating metrics

Shopify Market Value History

Shopify Job Categories

Traffic Overview of Shopify

Shopify Online and Social Media Presence

Shopify News and Updates

Shopify defends itself after Citron criticism

TORONTO (Reuters) - Shopify Inc defended its business model on Thursday, a day after short-seller Citron Research criticized the internet-commerce software provider's marketing practices, wiping about $1.5 billion off its market value.

How Eco-Friendly E-Boutique Proud Mary Revamped Its Website

An exclusive look at why the ethical lifestyle brand aimed to create a website with “excellent user experience.”

Shopify’s plan to let half a million merchants run their business via Alexa and bots

Shopify wants its 500,000 merchants to be able to run their business almost entirely through the use of bots or voice apps like Alexa. Speaking exclusively with VentureBeat, Shopify product director Brandon Chu said steps being taken to improve its Alexa skill continue a conversational computing str…

6 Sources of Free, High Quality Images for Your Blog

The right image can attract clicks from both your website visitors, as well as your social media followers.

Shopify Merchants Will Soon Be Able to Sell Through EBay

The move adds another outlet for Shopify’s roughly 400,000 users, though the EBay integration will be available initially only for US customers selling in US dollars.

Shopify adding eBay as a sales channel for merchants

 Shopify has another sales channel, in addition to its existing avenues including Amazon, Facebook, BuzzFeed, Pinterest and more. The latest addition is eBay, which hosts a large audience of potential customers, giving Shopify store owners one more opportunity to get their wares in front of folks. T…
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Shopify Company Life and Culture

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