Shopify SHOP
NASDAQ SHOP
$145.09 -0.79 (-0.54%)
At close: Sep 4, 2026 · 4:00 PM EDT

Shopify (SHOP) Price to Sales (2024 - 2026)

Shopify (SHOP) posted Price to Sales of 41.27 for Q2 2026, down 15.37% on a QoQ basis from 48.77 in Q1 2026, and down 26.11% year-over-year from 55.86 in Q2 2025.

Analysis

Shopify (SHOP) Price to Sales (2024 - 2026) Analysis & Trends

Shopify has reported Price to Sales for 3 years, with the latest figure at 41.27 in Q2 2026.

  • On a quarterly basis, Price to Sales fell 26.11% year-over-year to 41.27 in Q2 2026; TTM through Jun 2026 was 11.15, a 25.44% decrease from a year earlier, with the FY2025 full-year figure at 18.09, up 17.16% from the prior year.
  • Price to Sales was 41.27 for Q2 2026 at Shopify, down from 48.77 in the prior quarter.
  • The five-year high for Price to Sales was 67.93 in Q3 2025, with the low at 41.27 in Q2 2026.
  • Average Price to Sales over 3 years is 51.49, with a median of 50.59 recorded in 2024.
  • The sharpest annual moves came in 2025 and 2026: Price to Sales soared 41.88% in 2025, then decreased 26.11% in 2026.
  • Over 3 years, Price to Sales stood at 48.77 in 2024, then gained by 16.75% to 56.94 in 2025, then retreated by 27.51% to 41.27 in 2026.
  • The last three Price to Sales figures came in at 41.27 (Q2 2026), 48.77 (Q1 2026), and 56.94 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Shopify 187.92 Bn 182.98 Bn 1.71 Bn
2 Global-E Online 6.49 Bn 6.13 Bn 131.87 Mn
3 Vtex 624.51 Mn 438.62 Mn 51.71 Mn
4 Rezolve Ai 359.91 Mn 248.80 Mn -
5 Commerce.com 212.95 Mn 56.62 Mn 63.53 Mn
6 Baozun 154.04 Mn -65.26 Mn 302.56 Mn
7 BeLive Holdings 23.36 Mn 16.74 Mn -
8 Paid 20.26 Mn 19.18 Mn 1.22 Mn
9 Caro Holdings 11.71 Mn 11.71 Mn -
10 My Size 1.36 Mn 650,132.45 973,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 41.27
Mar 31, 2026 48.77
Dec 31, 2025 56.94
Sep 30, 2025 67.93
Jun 30, 2025 55.86
Mar 31, 2025 52.41
Dec 31, 2024 48.77
Sep 30, 2024 47.88
Jun 30, 2024 41.66
Mar 31, 2024 53.41