What is Shopify's shares (basic)?

Shopify (SHOP) reported shares (basic) of 1.3B in Q1 2026.

How has Shopify's shares (basic) changed year-over-year?

Shopify's shares (basic) increased by 0.6% year-over-year, from 1.3B to 1.3B.

What does shares (basic) mean?

The time-weighted average number of common shares outstanding during the period, used as the denominator for basic EPS calculations.

Shopify SHOP Shares (Basic)

Shares (Basic) at other companies

AdobeADBE

402.4M-6.0%

eBayEBAY

448M-4.1%

SalesforceCRM

868M-9.6%

EtsyETSY

96.2M-10.1%

BlockXYZ

597.6M-3.5%

Emerald HoldingEEX

197.8M-1.4%

Other financials

Income statement

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Revenue$3.2B+34.3%

Gross profit$1.5B+32.2%

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$148.17B+5.7%

Enterprise value$146.5B+4.8%

P/E111.2×+51.4×

P/S12×-2.0×

Profitability

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Gross margin48%-2.0pp

Operating margin13.3%+0.6pp

Net margin10.8%-6.4pp

FCF margin17.1%-1.3pp

Returns & leverage

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Return on equity11.3%-4.8pp

Debt / equity0×-0.1×

Current ratio6.2×+2.5×

Where this comes from

Reported directly by Shopify in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfSharesOutstandingBasic.

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 shares (basic)?: Shopify (SHOP) reported shares (basic) of 1.3B in Q1 2026.
How has Shopify's shares (basic) changed year-over-year?: Shopify's shares (basic) increased by 0.6% year-over-year, from 1.3B to 1.3B.
What does shares (basic) mean?: The time-weighted average number of common shares outstanding during the period, used as the denominator for basic EPS calculations.