Shopify (SHOP) - Market capitalization

Market cap: $211.30 Billion USD

As of December 2025 Shopify has a market cap of $211.30 Billion USD. This makes Shopify the world's 79th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Shopify from 2015 to 2025

End of year Market Cap

Year	Marketcap	Change
2025	$211.30 B	49.62%
2024	$141.22 B	41.16%
2023	$100.04 B	126.58%
2022	$44.15 B	-74.26%
2021	$171.57 B	24.86%
2020	$137.41 B	198.61%
2019	$46.01 B	200.74%
2018	$15.30 B	52.39%
2017	$10.04 B	163.81%
2016	$3.80 B	85.25%
2015	$2.05 B

End of Day market cap according to different sources

On Dec 4th, 2025 the market cap of Shopify was reported to be:

$211.21 Billion USD

by Nasdaq

$211.30 Billion USD

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
MercadoLibre MELI	$108.46 B	-48.67%	🇦🇷 Argentina
Stamps.com STMP	$6.12 B	-97.10%	🇺🇸 USA
Etsy ETSY	$5.17 B	-97.55%	🇺🇸 USA
Shoper SHO.WA	$0.37 B	-99.82%	🇵🇱 Poland

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Shopify (SHOP)

Market cap: $211.30 Billion USD