Shopify market cap SHOP
Share price times shares outstanding: what the whole company sells for, since 2016.
- Today, Oct 23, 2026
- $217B
- Highest close in our data
- $226B
- Oct 2025
Shopify is worth $217B at the close on Oct 23, 2026, at $168.68 a share.
That is down 3% over the last year and up 21% over five years.
Its highest close in our data was $226B in Oct 2025.
Market cap over time
Year by year
| Year | End of year | Low | High | Change |
|---|---|---|---|---|
| 2026 so far | $217B | $130.1B | $219.8B | −2% |
| 2025 | $222.4B | $99.6B | $226B | +60% |
| 2024 | $139.2B | $70B | $152.3B | +40% |
| 2023 | $99.3B | $46.4B | $99.3B | +127% |
| 2022 | $43.7B | $32.8B | $140.2B | −74% |
| 2021 | $168.8B | $127.9B | $207.1B | +28% |
| 2020 | $131.8B | $40.3B | $142.7B | +193% |
| 2019 | $45B | $13.8B | $45B | +238% |
| 2018 | $13.3B | $9.9B | $17.2B | +48% |
| 2017 | $9B | $3.8B | $10.8B | +162% |
| 2016 | $3.4B | $1.7B | $3.6B | n/a |
Against its peers
Companies in Software - Application nearest Shopify's size, closest first, today.
| Company | Market cap |
|---|---|
| SHOPShopify | $217B |
| CRMSalesforce | $204.6B |
| NOWServiceNow | $164.4B |
| UBERUber Technologies | $136.2B |
| ADPAutomatic Data Processing | $120.8B |
| SNOWSnowflake | $114.8B |
| ADBEAdobe | $102.7B |
| DDOGDatadog | $96.8B |
| INTUIntuit | $91.8B |
| CDNSCadence Design Systems | $87.2B |
| APPAppLovin | $87.1B |
| Peer median | $108.7B |
What the market cap tells you
Share price times shares outstanding: what the whole company sells for today.
Size, not quality. Large caps move slower and are covered more. That is all it tells you.
More on Shopify
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.