Loading benchmarks…
Current data. This page does not use the historical release selected in the comparison.
SHOP · Commerce
10 periods · 9 metrics
Exports retain full coverage for this metric group.
| Metric | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Financial | ||||||||||
Quarter positions follow exact adjacent start/end dates from retained SEC duration contexts. The sequence stops where a boundary is unverified; later columns are not compressed.Ambiguous or unverified dates remain blank. Policies, market snapshots and forecasts are not carried forward into other periods. LTM rows use exact trailing-twelve-month observations at the fiscal end shown. Missing values are not zero; † marks a scope limitation.
10 collected · 10 comparable numeric · 2024-03-31 to 2026-06-30
Windows end at the latest collected period, 2026-06-30. Missing periods are not filled.
Collected movements only; omitted movements remain unknown.
Opening 5,121,069 → collected movements → 3,486,886 calculated · 3,486,886 reported closing. Collected movements balance.
Uses collected movements only. Omitted movements remain unknown; a zero difference does not establish complete award coverage or net shares delivered.
2025-01-01–2025-12-31 · Difference = reported closing − opening − collected additions + collected deductions.
The roll-forward tracks restricted stock units award units. Closing awards are potential future issuance—not realized dilution or total company overhang. Vesting does not establish how many shares reached shareholders.
Actual compensation-share delivery: unavailable for this source period.
No matching consolidated share-delivery evidence for this filing and reporting interval. Missing share counts remain unknown.
| Award activity | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Opening awards | |||
| Granted | |||
| Released / settled | |||
| Forfeited | |||
| Closing awards | |||
| Forfeiture grant-date fair value | — | ||
| Grant-date fair value |
Capitalized internal-use software amortization period
2–4 yrs
Internal-use software development costs two to four years, per development-cost and intangible-asset policy; acquired technology and customer relationships excluded.
Dates identify the reporting period and publication, not the policy effective date. A repeated disclosure does not establish quarterly confirmation.
Insufficient collected policy history to assess changes.
Compare source wording for scope changes; unchanged values do not establish an unchanged policy.
Capitalized commission amortization period
—
The annual filing was rechecked for the metric-specific capitalization policy and numerical useful life. No supported duration was established; collection remains unresolved, not confirmed non-disclosure.
Latest reviewed period ended 2026-06-30
| Metric | Company definition |
|---|---|
| Gross merchandise volumeOperating KPI | Total dollar value of orders facilitated through Shopify and specified revenue-sharing apps/channels, net of refunds and including shipping, handling, duty and value-added taxes. SHOP earnings release — period ended 2026-06-30 ↗Published 2026-08-05 · Key business metrics / operating metrics definitions Definition historyOnly one reporting period has a collected definition. Earlier wording has not been collected; no conclusion about methodology changes is available. Dates are reporting periods, not effective dates. Wording changes do not automatically mean the calculation changed. |
| Monthly recurring revenueOperating KPI | Aggregate value of subscription plans active on the last day of the period, excluding variable platform fees, assuming merchants retain subscriptions for the following month. SHOP earnings release — period ended 2026-06-30 ↗Published 2026-08-05 · Key business metrics / operating metrics definitions Definition historyOnly one reporting period has a collected definition. Earlier wording has not been collected; no conclusion about methodology changes is available. Dates are reporting periods, not effective dates. Wording changes do not automatically mean the calculation changed. |
| Free cash flowNon-GAAP financial measure | Operating cash flow less capital expenditures. SHOP earnings release — period ended 2026-06-30 ↗Published 2026-08-05 · Non-GAAP definitions and reconciliation tables Definition historyOnly one reporting period has a collected definition. Earlier wording has not been collected; no conclusion about methodology changes is available. Dates are reporting periods, not effective dates. Wording changes do not automatically mean the calculation changed. |
Latest quarterly filing and associated earnings release reviewed for operating and non-GAAP definitions.