Shopify is a 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. 

Company Growth (employees)
Ottawa, CA
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

Russ Jones

Russ Jones

Chief Financial Officer
Harley Finkelstein

Harley Finkelstein

Chief Operating Officer
Craig Miller

Craig Miller

Chief Marketing Officer
David Lennie

David Lennie

SVP of Data and Analytics
Toby Shannan

Toby Shannan

SVP of Support
Brittany Forsyth

Brittany Forsyth

SVP of Human Relations
Joe Frasca

Joe Frasca

SVP, General Counsel and Corporate Secretary
Jean-Michel Lemieux

Jean-Michel Lemieux

SVP of Engineering

Shopify Office Locations

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

Shopify Financials and Metrics

Shopify Financials


Revenue (Q2, 2017)

151.7 m

Gross profit (Q2, 2017)

86.8 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

(1.1 m)

EBIT (Q2, 2017)

(15.9 m)

Market capitalization (31-Oct-2017)

9.8 b

Closing share price (31-Oct-2017)

Shopify's current market capitalization is $9.8 b.
USDQ2, 2017


151.7 m

Cost of goods sold

64.9 m

Gross profit

86.8 m

Gross profit Margin, %

Show all financial metrics

Shopify Operating Metrics

Shopify's Users was reported to be 375 k in Q4, 2016. Shopify's Stores was reported to be 400 k in Oct, 2017
Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Oct, 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


325 k375 k377.5 k

Gross Payment Volume

$1.5 b$2.2 b
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Shopify Market Value History

Shopify's Web-traffic and Trends

Shopify Online and Social Media Presence

Shopify News and Updates

Shopify’s live streaming the Black Friday and Cyber Monday sales frenzy

 Ever wonder what Black Friday’s consumerist rush looks like in real time? Now you can see it visualized in the stream above, which is a visualization of sales occurring on Shopify’s platform across its many merchants globally. Those dots represent sales in actual merchant stores, and the lines indi…

Ecommerce confidence: the must-have gift for retailers this holiday season

SPONSORED: Presented by Shopify The NFL’s Super Bowl is the biggest night of the year for football. For retailers, the big game looks a bit different — it lasts for four days, kicks off immediately after Thanksgiving and the ends on Cyber Monday. The retail Super Bowl means that online shopping jolt…

3 Bots That Will Help Online Store Owners Get More Done Black Friday-Cyber Monday

Automation will help you get the job done right at twice the speed any normal person could. What entrepreneur isn't interested inspeedand accuracy.

On Black Friday, small business is stealing share from the big boxes

SPONSORED: Presented by Shopify  In 2016, the phenomenon known as Black Friday and Cyber Monday (BFCM) hit a whole new milestone. Consumers racked up more $3.45 billion in purchases, over a single day. On Black Friday, traffic shot up by 220 percent. Those numbers include the big-box retailers we th…

Investors hope for details in Shopify's response to short seller

TORONTO (Reuters) - Retail software company Shopify Inc may not be willing to release as many operational details as some investors are hoping for in response to a short seller's criticism, a shareholder and several analysts said.

Everything Startups Must Know About Credit Card Fraud

Your startup will be targeted by fraudsters if you process payments online - and here's what you need to know.
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Shopify Company Life and Culture

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