WooCommerce is not the only big boy in town!
While Woocommerce may be the most well-known and most widely used platform for online ecommerce stores, Shopify has been gaining quite a bit of traction over the years with significant numbers that make investors ogle with interest.
If you don’t believe it, we’ve compiled a list of over 100+ interesting stats, numbers, and figures from various sources such as NYSE, Yahoo, Statista, etc to bring you the raw facts and numbers on how well Shopify is doing.
Did you know that Shopfiy went from a small snowboarding website to becoming one of the world’s leading shopping CMS platform in less than 20 years with over $126 billion in market capitalization?
So let’s begin and look at some of the interesting stats!
Our Top Picks: Shopify Statistics For 2026
Here are some of our top 2026 stat picks for Shopify.
- $11.09 B – 2026 Revenue: Shopify’s top line is on pace to jump 24.9 % this year, crossing the eleven-billion-dollar mark for the first time.
- $1.94 B – 2026 Net Income: Profitability remains solid after last year’s rebound, even with heavy AI investment.
- $204.6 B – Market Cap (January 3 2026): The platform’s valuation has more than tripled since its 2022 trough.
- $157.20 – Share Price (January 3 2026): Early investors from the 2015 IPO are still sitting on ~50× gains despite recent volatility.
- 4.6 M+ Stores Worldwide: Shopify now powers well over four-and-a-half million stores across 175 countries.
- 10.32 % – eCommerce Platform Share: Second only to the WooCommerce family, Shopify commands a healthy double-digit slice of the global online-store market.
- 6.7 % – Global CMS Share (1 January 2026): From 0.3 % in 2014 to 6.7 % today, Shopify is the fastest-rising content-management system.
- 2.54 M Active Stores (Q1 2026): Quarterly store counts are still expanding at roughly 3–4 % despite post-pandemic normalization.
- #1 Store Category – Apparel (544 K stores): Fashion leads the pack, followed by Home & Garden and Beauty & Fitness.
- #1 App – Judge.me Reviews (408 K installs): Social proof rules, with review apps making up roughly 40 % of all installs.
Shopify’s Yearly Stock Price
Since getting listed on NYSE in 2015, Shopify has had tremendous growth!
During COVID, Shopify saw its highest stock price at over $166 per share in November 12, 2021. Though the price per share is not as it used to be in 2026, it’s still stands strong hovering around $100 per stock share.
Had you invested in Shopify in 2015 during its infancy, you would have almost 50X your investments by now.
| Year | Closing Price (USD) | Yearly Growth (%) |
|---|---|---|
| 2015 | $2.91 | – |
| 2016 | $4.32 | 48.5% |
| 2017 | $10.10 | 133.8% |
| 2018 | $13.84 | 37.0% |
| 2019 | $39.76 | 187.2% |
| 2020 | $113.20 | 184.6% |
| 2021 | $137.74 | 21.7% |
| 2022 | $34.71 | -74.8% |
| 2023 | $77.90 | 124.4% |
| 2024 | $106.33 | 36.4% |
| 2025* | $97.66 | -8.1% |
*2025 data is as of May 1, 2025.
Due to their growth strategy, Shopify has not distributed any dividends to its shareholds so far.
Source: https://finance.yahoo.com/quote/SHOP/history/
Shopify’s Market Capitalization History
Shopify had it’s greatest growth in 2019 and 2020, with 200.7% and 198.7% market cap growth respectively. Despite its huge loss in 2022, Shopify has bounced back to over $126 billion capitalization.
| Year | Market Cap (USD) | Year-over-Year Change |
|---|---|---|
| 2015 | $2.05B | – |
| 2016 | $3.80B | +85.4% |
| 2017 | $10.04B | +164.2% |
| 2018 | $15.30B | +52.4% |
| 2019 | $46.01B | +200.7% |
| 2020 | $137.41B | +198.7% |
| 2021 | $171.57B | +24.8% |
| 2022 | $44.15B | -74.3% |
| 2023 | $100.04B | +126.6% |
| 2024 | $141.22B | +41.1% |
| 2025* | $126.06B | -10.7% |
*2025 data is as of April 30, 2025.
Source: https://companiesmarketcap.com/shopify/marketcap/
Shopify Revenue and Net Income Stats
Shopify lost quite a bit of money during its infancy phase, losing hundreds of millions up until 2019, before showing profits beginning in 2020.
In 2022, Shopify did lose over $3.46 billion, but it has bounced back to retunring profits again since 2023 and maintains a decent net income year to year.
| Year | Revenue (USD) | Revenue Growth (%) | Net Income (USD) | Net Income Growth (%) |
|---|---|---|---|---|
| 2012 | $23.71M | – | -$1.2M | – |
| 2013 | $50.25M | 111.9% | -$4.8M | -300.0% |
| 2014 | $105.02M | 109.0% | -$22.3M | -364.6% |
| 2015 | $205.23M | 95.5% | -$18.8M | 15.7% |
| 2016 | $389.33M | 89.7% | -$35.4M | -88.3% |
| 2017 | $673.30M | 72.9% | -$40.0M | -13.0% |
| 2018 | $1.07B | 59.0% | -$64.6M | -61.5% |
| 2019 | $1.58B | 47.7% | -$124.8M | -93.2% |
| 2020 | $2.93B | 85.4% | $319.5M | +356.0% |
| 2021 | $4.61B | 57.3% | $2.915B | 812.5% |
| 2022 | $5.60B | 21.5% | -$3.46B | -218.7% |
| 2023 | $7.06B | 26.1% | $132M | 103.8% |
| 2024 | $8.88B | 25.8% | $2.02B | 1,430.3% |
| 2025* | $11.09B | 24.9% | $1.94B | -3.9% |
*2025 data is estimated as of May 2025.
Despite making billions over he past 5 years, Shopify has not given any dividends to its investors and continues to use its funds for further growth and expansion.
Source: https://finance.yahoo.com/quote/SHOP/financials/
eCommerce Market Share Stats
WooCommerce and its affiliate brands have over 50% of the market share for eCommerce websites, but Shopify stands strong at 10.32% as of recent stats.
| Platform | Market Share |
|---|---|
| WooCommerce | 38.74% |
| Woo Themes | 14.95% |
| Squarespace Online Stores | 14.67% |
| Shopify | 10.32% |
| WixStores | 8.09% |
| Others | 13.23% |
Source: https://www.statista.com/statistics/710207/worldwide-ecommerce-platforms-market-share/
How Shopify CMS Compares to Other Platforms
While WordPress has maintained a comfortable lead over other CMS platforms, Shopify has shown an impressive growth over the years.
Drupal and Joomla have lost a sizeable chunk of its market share due its outdated and non-user friendly interface, whereas easy to use platforms like Shopify, Wix, and Squarespace seem to be growing.
| Platform | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Jan 2025 | 8 May 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WordPress | 59.8 | 60.7 | 58.8 | 58.5 | 60.0 | 59.7 | 62.1 | 64.1 | 65.2 | 63.7 | 62.9 | 62.0 | 61.3 |
| Shopify | 0.3 | 0.7 | 1.0 | 1.3 | 1.8 | 2.6 | 3.4 | 5.2 | 6.6 | 5.7 | 6.0 | 6.7 | 6.7 |
| Wix | 0.2 | 0.3 | 0.4 | 0.6 | 0.9 | 1.8 | 2.3 | 2.4 | 2.9 | 3.6 | 3.8 | 4.6 | 5.2 |
| Squarespace | 0.3 | 0.5 | 0.8 | 1.1 | 1.5 | 2.6 | 2.7 | 2.3 | 2.7 | 3.0 | 3.0 | 3.2 | 3.3 |
| Joomla | 9.3 | 8.6 | 7.5 | 7.2 | 6.5 | 5.4 | 4.6 | 3.6 | 2.6 | 2.7 | 2.5 | 2.2 | 2.1 |
| Drupal | 5.5 | 5.1 | 4.9 | 4.8 | 4.6 | 3.5 | 3.0 | 2.5 | 2.0 | 1.8 | 1.6 | 1.3 | 1.2 |
| Webflow | — | — | — | — | — | 0.2 | 0.2 | 0.4 | 0.7 | 0.9 | 1.0 | 1.1 | 1.2 |
| Adobe Systems | — | — | — | — | — | — | — | — | — | 1.7 | 1.5 | 1.2 | 1.1 |
| Tilda | — | — | — | — | — | 0.1 | 0.2 | 0.4 | 0.5 | 0.5 | 0.6 | 0.8 | 0.9 |
| Duda | — | 0.2 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.5 | 0.6 | 0.8 | 0.9 |
| PrestaShop | 1.1 | 1.2 | 1.3 | 1.3 | 1.3 | 1.4 | 1.1 | 0.8 | 0.7 | 1.0 | 1.2 | 1.0 | 0.9 |
| Google Systems | — | — | — | — | — | — | — | — | — | 1.2 | 1.1 | 0.9 | 0.9 |
Given the trend, Shopify is expected to grow even more in the next few years, but it won’t gain a signifcant lead over WordPress unless they make a versatile platform that does more than just build online stores.
Source: https://w3techs.com/technologies/history_overview/content_management/ms/y
Shopify Stores by Category
If you have used Shopify, you will know that it’s a very clean CMS with minimalism in mind, which is perfect for fashion, apparel, and beauty/makeup.
Based on the data, it’s not a surpise that Apparel and Beauty & Fitness type of stores are in the top 3 category, however it is surprising that People & Society, Sports, and Health fit in the top 10.
| Rank | Product Category | Number of Stores |
|---|---|---|
| 1 | Apparel | 544,517 |
| 2 | Home & Garden | 249,536 |
| 3 | Beauty & Fitness | 205,097 |
| 4 | Food & Drink | 128,035 |
| 5 | People & Society | 78,014 |
| 6 | Sports | 75,923 |
| 7 | Health | 73,347 |
| 8 | Art & Entertainment | 71,270 |
| 9 | Toys & Hobbies | 62,505 |
| 10 | Autos & Vehicles | 44,613 |
| 11 | Pets & Animals | 43,400 |
| 12 | Consumer Electronics | 39,562 |
| 13 | Business & Industrial | 38,878 |
| 14 | Gifts & Special Events | 37,892 |
| 15 | Computers | 32,871 |
| 16 | Games | 18,473 |
| 17 | Books & Literature | 14,860 |
| 18 | Jobs & Education | 12,438 |
| 19 | Travel | 10,813 |
Source: https://www.statista.com/statistics/1394355/shopify-stores-by-category/
Number of Shopify Stores by Country
The U.S is Shopify’s largest audience and market, taking up over 44% and an estimated 1,056,000.
Otherwise, the use of Shopify is more or less evenly distributed among various countries around the world, with the U.K and Canada coming 2nd and 3rd with 7% and 5% share respectively.
| Country | Share of Total Shopify Stores | Estimated Number of Stores |
|---|---|---|
| United States | 44% | ~1,056,000+ |
| United Kingdom | 7% | ~168,000 |
| Canada | 5% | ~120,000 |
| Australia | 5% | ~120,000 |
| Germany | 3% | ~72,000 |
| Other Countries | 36% | ~864,000 |
| Total | 100% | 2,400,000+ |
Source: https://www.statista.com/statistics/1401597/shopify-online-stores-by-country/
Most Installed Shopify Apps
Reviews are the heart and soul of online stores. As evident from the stats, Product reviews type of apps and plugins take up around 40% of the total apps installed on Shopify.
| App Name | Number of Stores |
|---|---|
| Judge.me Product Reviews App | 408,131 |
| Shopify Inbox | 386,690 |
| Klaviyo: Email Marketing & SMS | 359,898 |
| Product Reviews | 309,742 |
| Instafeed – Instagram Feed | 228,542 |
| Klarna On-Site Messaging | 185,322 |
| Mailchimp Email SMS Marketing | 159,373 |
| PageFly Landing Page Builder | 144,973 |
| Loox – Product Reviews App | 137,886 |
| DSers–AliExpress Dropshipping | 108,677 |
Source: https://storeleads.app/reports/shopify/most-installed-apps
Shopify Pricing Plans
Shopify’s Basic Plan starts at $25/month followed by Grow and Advanced which are $65 and $399 per month.
| Plan | Monthly Price | Transaction Fees (using external payment gateway) | Features |
|---|---|---|---|
| Basic | $25 | 2.0% | Basic reports, 2 staff accounts, 24/7 support, discount codes, basic POS |
| Grow | $65 | 1.0% | Professional reports, 5 staff accounts, standard POS |
| Advanced | $399 | 0.5% | Custom reports, 15 staff accounts, third-party calculated shipping rates |
| Starter | $5 | 5.0% | For selling via social media or messaging apps (no full website) |
| Plus | Custom pricing (~$2,000+/mo) | Negotiated | Enterprise-level features, advanced automation, APIs, and dedicated support |
The Start Plan might be more suitable for individuals who are online influencers and have a large audience on their social media channels.
There is also a Shopify 3-day free trial that doesn’t require any credit card details, but if you want to continue with your trial, you can take advantage of their 90 day trial for $1/month, which is a steal if you need time to grow your store before committing to their monthly subscription.
Shopify Store Growth Stats
Shopify has had signifant growth in the number of stores during 2019 until late 2020 during COVID, but it has slowed down since then. However, there is still a healthy number of growth every quarter which is a signal that the platform is still growing, albeit at a slower rate around 3-4% rather than 5-10% like before.
| Quarter | Active Stores | Growth % |
|---|---|---|
| 2019 Q1 | 753,977 | 0.00% |
| 2019 Q2 | 838,368 | 11.19% |
| 2019 Q3 | 919,752 | 9.71% |
| 2019 Q4 | 1,040,638 | 13.14% |
| 2020 Q1 | 1,062,232 | 2.08% |
| 2020 Q2 | 1,245,667 | 17.26% |
| 2020 Q3 | 1,349,668 | 8.35% |
| 2020 Q4 | 1,423,278 | 5.45% |
| 2021 Q1 | 1,484,871 | 4.34% |
| 2021 Q2 | 1,570,863 | 5.79% |
| 2021 Q3 | 1,604,305 | 2.13% |
| 2021 Q4 | 1,658,668 | 3.39% |
| 2022 Q1 | 1,646,398 | -0.74% |
| 2022 Q2 | 1,695,519 | 2.99% |
| 2022 Q3 | 1,832,991 | 8.11% |
| 2022 Q4 | 1,988,183 | 8.46% |
| 2023 Q1 | 2,092,927 | 5.27% |
| 2023 Q2 | 2,129,998 | 1.78% |
| 2023 Q3 | 2,212,186 | 3.86% |
| 2023 Q4 | 2,294,041 | 3.70% |
| 2024 Q1 | 2,376,721 | 3.61% |
| 2024 Q2 | 2,380,897 | 0.18% |
| 2024 Q3 | 2,404,674 | 1.00% |
| 2024 Q4 | 2,420,142 | 0.64% |
| 2025 Q1 | 2,527,881 | 4.45% |
| 2025 Q2 (to date) | 2,541,772 | 0.55% |
Source: https://storeleads.app/reports/shopify#growth
Shopify Stores’ Most Used Carriers
The top carriers for Shopify stores in 2026 was USPS and UPS which are servicing 210,593 and 150,427 stores respectively.
| Shipping Carrier | Number of Stores |
|---|---|
| USPS | 210,593 |
| UPS | 150,427 |
| FedEx | 103,879 |
| Royal Mail | 48,061 |
| Australia Post | 39,243 |
| Canada Post | 25,574 |
| DHL | 12,765 |
| Correos | 10,215 |
| PostNord | 6,545 |
| Correios | 6,452 |
Source: https://storeleads.app/reports/shopify#shipping
Top Shopify Themes
The theme “trademark” is by far one of the most popular themes on Shopify due to its simple but yet elegant design. Over 595,485 Shopify stores use the “trademark” theme with the themes “dawn” and “debut” coming in 2nd and 3rd with 206,068 and 147,880 theme users respectively.
| Theme Name | Number of Stores |
|---|---|
| trademark | 595,485 |
| dawn | 206,068 |
| debut | 147,880 |
| rise | 116,490 |
| spotlight | 94,223 |
| refresh | 68,367 |
| origin | 62,396 |
| impulse | 53,813 |
| ride | 52,446 |
| prestige | 41,432 |
Source: https://storeleads.app/reports/shopify#themes
Shopify Store Top Domains Types
It is not a surprise that .com would be the most popular type of domain for Shopify, however, the tld .store coming in as the 2nd most popular domain tld is quite surprising.
| Top-level Domain | Number of Stores |
|---|---|
| .com | 1,711,047 |
| .store | 81,408 |
| .co.uk | 66,647 |
| .shop | 65,980 |
| .com.au | 58,920 |
| .de | 51,134 |
| .co | 39,929 |
| .ca | 36,171 |
| .fr | 28,654 |
| .net | 27,118 |
Source: https://storeleads.app/reports/shopify#tlds
Top 3rd Party Extensions on Shopify
The most common extensions for Shopify are mostly related to Content Delivery Network for faster load times and payment gateways.
| Technology | Number of Stores |
|---|---|
| Cloudflare | 2,521,799 |
| Cloudflare CDN | 2,514,506 |
| Arrive | 2,370,198 |
| Apple Pay | 1,495,662 |
| PayPal Express Checkout | 1,383,371 |
| Google Pay | 1,372,297 |
| Shop Pay | 1,352,918 |
| YouTube Player | 944,004 |
| Google Adsense | 712,063 |
| Google Ads Pixel | 638,961 |
Source: https://storeleads.app/reports/shopify#toptechnologies
Shopify Stores With The Most Traffic
While Stanley 1913 may have the most amount of traffic at 43,288,015 monthly visits, Apparel stores in general make up the bulk of the traffic, 35% of the top 20 Shopify stores with the most amount of traffic is related to Apparel.
| Rank | Brand | Category | Traffic |
|---|---|---|---|
| 1 | Stanley 1913 | Home & Garden | 43,288,015 |
| 2 | Carhartt | Apparel | 38,766,138 |
| 3 | SKIMS | Beauty & Fitness | 28,552,177 |
| 4 | Fashion Nova | Apparel | 27,553,568 |
| 5 | Sanrio | Arts & Entertainment | 22,151,679 |
| 6 | HEYDUDE shoes | Apparel | 19,207,266 |
| 7 | Peloton | Sports | 18,830,956 |
| 8 | Steve Madden | Apparel | 16,055,307 |
| 9 | KICKS CREW | Apparel | 16,414,443 |
| 10 | FIGS Scrubs | Apparel | 11,849,981 |
| 11 | Jollibee | Food & Drink | 11,823,477 |
| 12 | Vera Bradley | Travel | 9,915,432 |
| 13 | Hello Molly | Apparel | 9,568,254 |
| 14 | Sol de Janeiro | Beauty & Fitness | 9,505,819 |
| 15 | Mucinex USA | Health | 9,365,816 |
| 16 | drinkprime.com | Food & Drink | 9,141,407 |
| 17 | JB Hi-Fi | Consumer Electronics | 8,927,911 |
| 18 | Ruggable | Home & Garden | 8,823,986 |
| 19 | americangirl.com | Toys & Hobbies | 8,611,242 |
| 20 | BevMo! | Food & Drink | 8,477,579 |
Source: https://www.getclipara.com/tools/stores
Top Shopify Stores With Most Revenue
Herman Miller has the most amount of revenue for a Shopify store at $821,700,000, but what’s surprising is the traffic at just 100,212 monthly visits. Their high revenue may be due to their higher than average order size since Home & Decor are selling more expensive products.
Another interesting thing to note is how Apperal Shopify stores make up 50% of the top 20 most grossing Shopify stores.
| Rank | Brand | Category | Revenue ($) |
|---|---|---|---|
| 1 | Herman Miller | Home & Decor | 821,700,000 |
| 2 | Peloton | Sports | 247,866,667 |
| 3 | waterdrop® US | Health | 228,826,000 |
| 4 | Steve Madden | Apparel | 184,244,000 |
| 5 | Arhaus | Home & Garden | 108,743,000 |
| 6 | Stanley 1913 | Home & Garden | 77,503,327 |
| 7 | Carhartt | Apparel | 69,407,309 |
| 8 | SKIMS | Beauty & Fitness | 51,120,125 |
| 9 | The Reject Shop | Home & Garden | 51,029,922 |
| 10 | Fashion Nova | Apparel | 49,332,204 |
| 11 | FIGS Scrubs | Apparel | 47,454,667 |
| 12 | OLAPLEX Inc. | Beauty & Fitness | 41,185,000 |
| 13 | Sanrio | Arts & Entertainment | 39,660,605 |
| 14 | Vera Bradley | Travel | 38,329,000 |
| 15 | HEYDUDE shoes | Apparel | 34,388,897 |
| 16 | KICKS CREW | Apparel | 29,388,595 |
| 17 | Windsor | Apparel | 25,796,994 |
| 18 | Tiny Rituals | Apparel | 23,078,242 |
| 19 | Rainbow | Apparel | 22,883,796 |
| 20 | Bombas | Apparel | 21,745,572 |
Source: https://www.getclipara.com/tools/stores
Shopify Stats For The U.S
If you’re wondering about important stats regarding Shopify in the U.S, then here are some.
- About 29 % of all U.S. online stores run on Shopify—more than WooCommerce (18 %) or Wix (15 %).
- Shopify merchants in California generate $57.7 billion in sales and 134 000 jobs—more economic output than the entire state of Vermont.
- U.S. merchants supply 71 % of Shopify’s global revenue, even though the platform operates in 175 + countries.
- The average U.S. order on a Shopify site is $81, and two-thirds of those purchases happen on mobile phones.
- Nearly 3 in 10 U.S. Shopify stores sell fewer than 10 products—showing you don’t need a huge inventory to succeed.
Sources: StoreLeads, Yaguara.co, Capital One Shopping
Other Interesting Shopify Stats
Here are some other interesting stats and numbers that we also found.
- Micro-catalog brands rule: 28.7 % of all Shopify stores sell fewer than 10 products—proof you don’t need a big inventory to play.
- And while merchants are tiny, their infra isn’t: 99.2 % of Shopify stores sit behind Cloudflare, one of the highest adoption rates of any third-party service on the web.
- Turning on Shop Pay boosts checkout conversions by up to 50 % compared with guest checkout—an absurd lift for a single button.
- Add Shop Pay Installments and merchants report up to a 50 % jump in average order value as shoppers spread payments.
- Ecosystem depth: The Shopify App Store offers ~13,000 apps in 2026, more than double the catalog size it had in 2020.
Sources: StoreLeads, Shopify Blog,
Brief History of Shopify
In addition to all the stats and numbers, here is a brief overview of how Shopify was founded and its milestones over the years.
- 2004 – 2006 – Origins and Launch: Snowboard shop “Snowdevil” sparks a home-built e-commerce framework that is released to the public as Shopify in June 2006.
- 2009 – Opening the Platform: Shopify API and App Store launch, letting outside developers extend and monetize the platform.
- May 2010 – Commerce Goes Mobile: First Shopify Mobile app lands on iOS, giving merchants real-time order and inventory control from a phone.
- Aug 2013 – Online-to-Offline Bridge: Shopify POS debuts, synchronizing in-store and online sales through one back end.
- Feb 2014 – Enterprise Reach: Shopify Plus rolls out, courting high-volume and Fortune-level brands.
- May 21 2015 – Public Debut: IPO on the NYSE and TSX at $17 per share; stock closes up 51 % on day one.
- Apr 2016 – Financing Merchants: Shopify Capital launches, offering cash advances to merchants inside the admin.
- Apr 2017 – One-Click Checkout: Shopify Pay (now Shop Pay) slashes checkout fields from 16 to 2 and boosts conversion rates.
- Sep 2018 – Native AR Shopping: Apple AR Quick Look integration lets shoppers drop 3-D products into their space straight from Safari.
- Jun 2019 – Fulfillment Network: Shopify announces a U.S. ML-driven warehouse network aimed at two-day delivery.
- Apr 2020 – Direct-to-Consumer App: Package-tracker Arrive is reborn as the Shop consumer app with universal checkout.
- Nov 2020 – Pandemic Surge: Shopify tops one million merchants and rings up $5.1 billion over Black Friday/Cyber Monday.
- 2021 – Going Global: Shopify Markets bundles currency, duties, domains and localization for cross-border sales.
- May 2022 – Logistics Bet: Shopify buys Deliverr for $2.1 billion to supercharge fulfillment.
- May 4 2023 – Strategic Pivot: Sells most logistics assets to Flexport and cuts another 20 % of jobs to refocus on software.
- Dec 2024 – Biggest BFCM Yet: Merchants ring up $11.5 billion—up 24 % year-over-year—during Black Friday/Cyber Monday.
- 2024 – AI Everywhere: “Shopify Magic” rolls text-, image- and code-generation into every admin surface.
- Mar 19 2025 – Listing Migration: Company announces move from NYSE to Nasdaq, marking ten years as a public firm.
Sources: Wikipedia, Shopify Investor Relations, Shopify Blog, TechCrunch, The Verge
Final Thoughts
Though Shopify has a long way to go until it overtakes WordPress as the most widely used CMS, Shopify is a strong contender for the title of the most widely used eCommerce CMS platform.
Over the years, it beat WIX, SquareSpace, Joomla, Drupal, and EVEN WOOCOMMERCE as the go to platform for eCommerce stores, but Shopify still has a few years to go until it can declare itself as the undisputed king CMS choice for eCommerce stores. Given the trend and data, it is mostly likely to gain that title by 2027, just a few years ahead given its growth.
Frequently Asked Questions
Here are some of the most commonly asked questions regarding Shopify and the platform’s latest stats and numbers.
Who is the founder of Shopify?
Tobias Lütke, Daniel Weinand, and Scott Lake came up for the concept of Shopify in 2004. In 2006, Shopify was officially launched and in full swing.
How much is Shopify worth?
According to recent financial data for 2026, the market capitalization for Shopify is more than $130 billion!
Is Shopify a publically traded company?
The answer is YES! Shopify is a behemoth of a company in terms of capitalization and listed both in American and Canadian stock exchange, NYSE & TSE respectively.
How many stores are there on Shopify in total?
A lot of websites are on Shopify, with over 4.6 million stores in 175 countries, pretty much everyone uses the platform all over the world.
Source: https://explodingtopics.com/blog/number-of-shopify-stores
What is Shopify’s eCommerce CMS market share?
More than 26.2% of eCommerce stores are running on Shopify, which makes it one of the most used eCommerce platforms in the world.
Source: https://www.mobiloud.com/blog/woocommerce-vs-shopify-market-share-statistics
How much money does an average Shopify store make?
The average person / or the average Shopify owner per say, makes about $5,583 per month, which would be roughly $67,000 annually.
Source: https://ecommerce.folio3.com/blog/average-shopify-store-revenue/
What is the average conversion rate for Shopify stores?
The best and most intuitively designed sites convert at about 3.2% – 4.7%, but if we are talking averages, it’s 1.4% conversation rate.