Shopify (SHOP) - Market capitalization

Market cap: £164.00 Billion

As of December 2025 Shopify has a market cap of £164.00 Billion. This makes Shopify the world's 74th 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	£164.00 B	45.73%
2024	£112.53 B	43.31%
2023	£78.52 B	115.16%
2022	£36.49 B	-71.29%
2021	£127.10 B	26.08%
2020	£100.81 B	187.27%
2019	£35.09 B	191.12%
2018	£12.05 B	62.25%
2017	£7.42 B	140.85%
2016	£3.08 B	122.48%
2015	£1.38 B

End of Day market cap according to different sources

On Dec 10th, 2025 the market cap of Shopify was reported to be:

£163.93 Billion

by Nasdaq

£164.00 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
MercadoLibre MELI	£74.73 B	-54.43%	🇦🇷 Argentina
Stamps.com STMP	£4.58 B	-97.21%	🇺🇸 USA
Etsy ETSY	£4.05 B	-97.53%	🇺🇸 USA
Shoper SHO.WA	£0.28 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: £164.00 Billion