Shopify

High87% confidenceProfile verified Jul 28, 2026

Strategic importance is our editorial rating of how central this entity is to the technology landscape we track; confidence reflects how well-sourced and current the underlying evidence is.

Chokepoint Score

no direct dependencies recorded in the graph

Steady

Momentum

insider filing activity unchanged since last check

Headquarters

Ottawa, Canada

Website

www.shopify.com

Employees

7,600 (FY2025 annual report)

Founded

2006

Listing

SHOP · NYSE / Toronto Stock Exchange

Market Cap

CAD 238.66B

Revenue (TTM)

CAD 12.37B

Price

CAD183.92 (+5.86%)

Market data as of Jul 29, 2026, 11:25 AM · Source: Yahoo Finance (delayed). Not investment advice.

Overview

Shopify provides e-commerce software that powers online stores for millions of independent merchants, positioning itself as an alternative to selling through Amazon's marketplace. Shopify's Q1 2026 revenue rose 34% year-over-year to $3.17 billion with gross merchandise volume hitting $101 billion; weekly active shops using its Sidekick AI assistant were up 385% year-over-year, with roughly 42% of merchants now using AI features and AI-attributed orders growing 11x over the prior year.

Strategic Connections

Microsoft Azure: Shopify runs significant infrastructure on cloud providers including Microsoft Azure.
Amazon: Shopify positions itself as the independent alternative to selling through Amazon's marketplace.
eBay: eBay competes with Shopify-powered merchants and other e-commerce platforms for online sellers.
Wix.com: Wix.com competes with Shopify in e-commerce and website-building software for small businesses.
EverCommerce: EverCommerce operates in the broader SMB commerce software category alongside platforms like Shopify, though focused on service businesses rather than product retail.

+1 more connections in the Full Analyst Report.

Strategic Risks

Dependency on merchant transaction volume and consumer spending
Competition from Amazon and other e-commerce platforms

Future Outlook

Expansion of AI-powered commerce tools for merchants
Growth in enterprise and offline point-of-sale commerce

Sources

3 sources, 82% average source confidence — full citations in the Full Analyst Report.

Generated by InsightNodes — Technology Intelligence Platform. This report reflects sourced, evidence-backed information as of the dates cited above and is not investment advice.

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