SHOP Shares Outstanding History — Shopify Share Count Over Time

As of 5/1/2026 Shopify has 1.22 billion SHOP shares outstanding. Investors often track the SHOP shares outstanding history to compare shareholder return trends against the change in share count over time.

This page shows SHOP share count trends over time, with 13 historical shares outstanding datapoints presented, dating back to 5/21/2015.

Quick links: Shares Outstanding History Table  |  Shares Outstanding History Chart  |  About Shopify
SHOP Shares Outstanding History



Below is a table of the SHOP shares outstanding history going back to 5/21/2015:

Date SHOP Shares Outstanding
5/21/201577.00M
2/9/2016573.39M
8/5/20191.50B
12/31/2018980.82M
12/31/20191.05B
12/31/20211.14B
4/28/20231.20B
2/7/20251.22B
5/2/20251.22B
8/1/20251.22B
10/29/20251.22B
2/6/20261.23B
5/1/20261.22B

Also see: SHOP Market Cap History
SHOP YTD Return
SHOP Historical Shares Outstanding:
+28.69% CAGR
SHOP Historical Shares Outstanding: +28.69% CAGR

Mouse over chart for data details
5/21/2015 ...5/1/2026
Shopify Inc. (Shopify) is a Canada-based global commerce company. Co. provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. We show 13 historical shares outstanding datapoints in our coverage of SHOP's shares outstanding history.

Understanding the changing numbers of SHOP shares outstanding — and comprehending the concept of differing number of shares outstanding in general comparing companies like SHOP versus peers — is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies. Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history. With this page we aim to empower investors researching SHOP by allowing them to research SHOP shares outstanding history as well as any other stock in our coverage universe.
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Video: Shares Outstanding Importance
 

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