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NASDAQ · SHOPSoftware - ApplicationUpdated Nov 2, 2026

Shopify Inc. enterprise value

Company valuation, historical trends, and peer comparisons.

The Enterprise Value as of November 2026 (TTM) for Shopify Inc. (SHOP) is 205.11B

According to Shopify Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 205.11B. This represents a change of 17.37% compared to the average of 174.75B of the last 4 quarters.

Shopify Inc. (SHOP) Historical Enterprise Value (quarterly & annually)

How has SHOP Enterprise Value performed in the past?

The mean historical Enterprise Value of Shopify Inc. over the last ten years is 86.44B. The current 205.11B Enterprise Value has changed 137.28% with respect to the historical average. Over the past ten years (40 quarters), SHOP's Enterprise Value was at its highest in in the December 2025 quarter at 207.75B. The Enterprise Value was at its lowest in in the September 2016 quarter at 3.47B.

Quarterly (TTM)
Annual

Average

86.44B

Median

72.00B

Minimum

3.53B

Maximum

207.75B

Shopify Inc. (SHOP) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Shopify Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 211.97%

Maximum Annual Enterprise Value = 207.75B

Minimum Annual Increase = -74.35%

Minimum Annual Enterprise Value = 3.53B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2025207.75B51.33%
2024137.28B37.87%
202399.57B127.85%
202243.70B-74.35%
2021170.37B27.57%
2020133.56B200.54%
201944.44B211.97%
201814.24B42.76%
20179.98B182.62%
20163.53B136.39%

Shopify Inc. (SHOP) Average Enterprise Value

How has SHOP Enterprise Value performed in the past?

The current Enterprise Value of Shopify Inc. (SHOP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

148.20B

5-year avg

131.73B

10-year avg

86.44B

Shopify Inc. (SHOP) Enterprise Value vs. Peers

How is SHOP’s Enterprise Value compared to its peers?

Shopify Inc.’s Enterprise Value is greater than Commerce.com, Inc. (391.96M), greater than Vtex (656.78M), greater than Lightspeed Commerce Inc. (1.13B), greater than MercadoLibre, Inc. (95.31B), greater than eBay Inc. (60.03B), less than Alibaba Group Holding Limited (1.76T), less than Amazon.com, Inc. (2.95T),

CompanyEnterprise ValueMarket cap
391.96M$284.62M
656.78M$665.14M
1.13B$1.48B
95.31B$85.78B
60.03B$54.12B
1.76T$257.77B
2.95T$2.74T

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Frequently asked questions❓

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What is Shopify Inc.'s Enterprise Value?

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What is the 5-year average Enterprise Value for Shopify Inc. (SHOP)?

How does the current Enterprise Value for Shopify Inc. (SHOP) compare to its historical average?