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Shopify SHOP Book value per share

Book value per share at other companies

Adobe logo
AdobeADBE
$28.62+7.2%
eBay logo
eBayEBAY
$9.65-5.0%
Salesforce logo
SalesforceCRM
$39.31-37.2%
Block logo
BlockXYZ
$36.34+7.5%
Affirm Holdings, Inc. logo
Affirm Holdings, Inc.AFRM
$10.87+30.1%
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
$21.77+7.4%

Other financials

Income statement

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Revenue$3.2B+34.3%
Gross profit$1.5B+32.3%
Operating income$382.0M+88.2%
Net income-$581.0M+14.8%
EPS (diluted)-$0.45+15.1%

Balance sheet

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Cash & equivalents$1.8B+41.2%
Total debt$179.0M-84.3%
Total equity$12.5B+13.1%
Total assets$14.1B+5.4%

Cash flow

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Operating cash flow$481.0M+31.1%
CapEx$5.0M+25.0%
Free cash flow$476.0M+31.1%

Valuation

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Market cap$140.26B+25.1%
Enterprise value$138.59B+23.9%
P/E105.3×+35.7×
P/S11.3×-0.6×

Profitability

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Gross margin48%-2.0pp
Operating margin13.3%+0.6pp
Net margin10.8%-6.4pp

Returns & leverage

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Return on equity11.3%-4.8pp
Debt / equity-0.1×
Current ratio6.2×+2.5×

Where this comes from

Calculated from Shopify’s reported figures.

Based on the most recent quarter.

The official record: Shopify’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Shopify's book value per share?
Shopify (SHOP) reported book value per share of $9.59 in Q1 2026.
How has Shopify's book value per share changed year-over-year?
Shopify's book value per share increased by 12.4% year-over-year, from $8.53 to $9.59.
What does book value per share mean?
The accounting net worth of the company behind each share.
How do you interpret book value per share?
A steadily rising book value per share reflects retained earnings compounding into equity. Compare against the share price (price-to-book) to gauge how the market values that book equity.
How does book value per share compare across companies?
Most meaningful for asset- and equity-heavy businesses (financials, industrials); less informative for asset-light firms whose value is intangible.