Shopify (SHOP) Shares Outstanding (Diluted Average) (2019 - 2026)
Shopify's quarterly Shares Outstanding (Diluted Average) came in at $1.3 billion in Q1 2026, up 0.62% year-on-year from $1.3 billion in Q1 2025, and little changed quarter-over-quarter from $1.3 billion in Q4 2025.
Shopify has reported Shares Outstanding (Diluted Average) for 8 years, with the latest figure at $1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 0.62% year-over-year to $1.3 billion; the trailing twelve-month figure through Mar 2026 stood at $1.3 billion (up 0.62% YoY), and the FY2025 full-year result was $1.3 billion, changed 0.26% from the prior year.
- Shares Outstanding (Diluted Average) for Q1 2026 stood at $1.3 billion, roughly flat from $1.3 billion in the prior quarter.
- The five-year high for Shares Outstanding (Diluted Average) was $1.3 billion in Q3 2025, with the low at $932.9 million in Q4 2022.
- Average Shares Outstanding (Diluted Average) over 5 years is $1.2 billion, with a median of $1.3 billion recorded in 2024.
- Year-over-year, Shares Outstanding (Diluted Average) decreased 7.68% in 2022 and jumped 36.77% in 2024.
- Tracing SHOP's Shares Outstanding (Diluted Average) over 5 years: stood at $932.9 million in 2022, then grew by 2.01% to $951.6 million in 2023, then jumped by 36.77% to $1.3 billion in 2024, then rose by 0.26% to $1.3 billion in 2025, then slipped by 0.12% to $1.3 billion in 2026.
- The last three Shares Outstanding (Diluted Average) figures came in at $1.3 billion (Q1 2026), $1.3 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 956.00 Mn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 2.07 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.30 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 1.04 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 273.73 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 411.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 404.50 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 279.00 Mn |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | 364.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.30 Bn |
| Dec 31, 2025 | 1.30 Bn |
| Sep 30, 2025 | 1.31 Bn |
| Jun 30, 2025 | 1.31 Bn |
| Mar 31, 2025 | 1.30 Bn |
| Dec 31, 2024 | 1.30 Bn |
| Sep 30, 2024 | 1.30 Bn |
| Jun 30, 2024 | 1.29 Bn |
| Mar 31, 2024 | 1.29 Bn |
| Dec 31, 2023 | 951.60 Mn |
| Dec 31, 2022 | 932.86 Mn |
| Dec 31, 2021 | 1.01 Bn |
| Jun 30, 2021 | 1,680.00 |
| Mar 31, 2021 | 7,853.59 |
| Dec 31, 2020 | 1,986.67 |
| Dec 31, 2019 | 833.25 |