Craft

Shopify

Stock Price

$73.2

2023-08-22

Market Capitalization

$93.9 B

2023-08-22

Revenue

$5.6 B

FY, 2022

Shopify Summary

Company Summary

Overview
Shopify is a developer of a commerce platform for businesses. It allows clients to create a website, explore business tools, sell products, check out customers, sell online and across channels, accept online payments, chat with customers, etc. The company also offers Shopify Shipping, a solution for sending orders, Shopify Fulfillment Network, a solution for streamlining order fulfillment, returns, and product storage, Shopify POS, a solution that allows merchants to sell in-person and stay connected to their online business, and other products.
Type
Public
Status
Active
Founded
2006
HQ
Ottawa, CA | view all locations
Website
https://www.shopify.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Tobi Lütke
  • Jeff Hoffmeister

    Jeff Hoffmeister, Chief Financial Officer

  • John Asante

    John Asante, Chief Information Security Officer

  • Jess Hertz

Operating MetricsView all

Apps (Shopify)

10K
25.0%

FY, 2022

Gross Merchandise Volume

$49.6B
14.8%

Q1, 2023

Network Services Merchants

40K
5.2%

FY, 2021

LocationsView all

6 locations detected

  • Ottawa, ON HQ

    Canada

    151 O’Connor Street, Ground Floor

  • Los Angeles, CA

    United States

    ROW DTLA, 777 S Alameda St Bldg. 1

  • Bengaluru, KA

    India

    Cinnabar Hills, Embassy Golf Links Business Park, Challaghatta

  • Dublin 4, D

    Ireland

    4, Victoria Building, Haddington Rd, Ballsbridge

  • Singapore

    Singapore

    77 Robinson Rd, #13 00 Robinson 77

  • Stockholm, Stockholms län

    Sweden

    Birger Jarlsgatan 58

Shopify Financials

Summary Financials

Revenue (Q2, 2023)
$1.7B
Gross profit (Q2, 2023)
$853.0M
Net income (Q2, 2023)
($1.3B)
Cash (Q2, 2023)
$1.6B
EBIT (Q2, 2023)
($15.0M)
Enterprise value
$93.4B

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