BeStock  
$148.91 +$5.16 (+3.59%)
Market closed · Nov 7, 10:00 pm ET · Last extended-hours $148.75 -0.11%
Open$143.45
Prev close$143.75
Day range$142.62 – $151.38
Volume7.97M
Market cap$191.58B
P/E (TTM)91.4
Dividend yield–
Founded2004
CEOMr. Tobias Lutke
Employees7,600
HeadquartersOttawa, Canada
Websitewww.shopify.com

About

Shopify provides software that lets merchants run online stores and sell in person, and it also offers payments and shipping tools.

What tends to move the stock

Merchant sales volume through the platform, payment adoption and margins drive results.

Revenue per employee

$99.7K$608.4K$1.1M$1.6MDec '16Dec '20Dec '25

7,600 employees as of 2025/FY (-6.2% YoY). Revenue per employee is total revenue divided by headcount — a rough productivity gauge, not a per-worker pay figure.

Management team

Tobias Lutke Chairman of the Board and Chief Executive Officer
Age 45 · Total comp. $35,000,027.00 · As of 7 May 2026

Mr. Tobias Lutke co-founded Shopify in September 2004, and has served as a member of our Board since that time. Mr. Tobias Lutke has served as our Chief Executive Officer since April 2008. Prior to that, Mr. Tobias Lutke acted as our Chief Technology Officer between September 2004 and April 2008. Mr. Tobias Lutke worked on the core team of the Ruby on Rails framework and has created many popular open source libraries such as Active Merchant. Mr. Tobias Lutke currently serves on the board of Coinbase Global, Inc. (Nasdaq). Mr. Lutke currently serves on the Board of Directors of Coinbase Global, Inc. (Nasdaq).

Jessica Hertz Chief Operating Officer
Age 43 · Total comp. $12,000,170.00 · As of 8 Oct 2025

Jessica Hertz is the General Counsel at Shopify and has been with the Company since 2021. Ms. Hertz oversees Shopify's global legal, communications, policy, and trust teams. Prior to joining Shopify, Ms. Hertz served as Deputy Assistant to the President and Staff Secretary to President Joseph R. Biden Jr. Prior to her work for the Biden administration, Ms. Hertz was General Counsel for the Biden-Harris presidential transition team, and held positions at Facebook and at the law firm of Jenner & Block LLP. Ms. Hertz holds a J.D. from the University of Chicago Law School. On October 9, 2025, Shopify Inc. a founder-led commerce company, announced the appointment of Jessica Hertz as the Chief Operating Officer of the Company, effective October 9, 2025.

Jeff Hoffmeister Chief Financial Officer
Total comp. $10,500,081.00 · As of 10 Feb 2026

Jeff Hoffmeister is the CFO at Shopify and has been with the Company since 2022. He previously worked in Morgan Stanley's Technology Investment Banking group for 22 years in their New York, London, and Boston offices. His prior roles at Morgan Stanley included Head of Americas Technology Banking team and Head of Technology Investment Banking for EMEA. Mr. Hoffmeister began his professional career at PwC, serving in their auditing division. Mr. Hoffmeister currently serves on the Board of Directors of a private company. Mr. Hoffmeister holds a Bachelor of Science in Business Administration from Georgetown University and a Master in Business Administration from the University of Virginia Darden School of Business. He also holds a license as a certified public accountant (CPA).

Harley Finkelstein President
Total comp. $7,518,313.00 · As of 12 Feb 2024

Harley Finkelstein is the President at Shopify and has been with the Company since 2010. He oversees Shopify's commercial teams, partnerships, brand and external affairs. Prior to his current role, Mr. Finkelstein served as Shopify's COO and has founded numerous startups and ecommerce companies. He currently is an advisor to Felicis Ventures. Mr. Finkelstein holds a bachelor degree in Economics from Concordia University and a J.D./M.B.A. joint degree in Law and Business from the University of Ottawa.

Jean Niehaus General Counsel
Total comp. $1,517,976.00 · As of 7 May 2026

Ms. Jean Niehaus, General Counsel at Shopify Inc.

Joseph M. Natale Lead Independent Director
Age 62 · Total comp. $767,100.00 · As of 7 May 2026
Fidji Simo Independent Director
Age 40 · Total comp. $365,626.00 · As of 7 May 2026
Toby Shannan Independent Director
Age 56 · Total comp. $350,395.00 · As of 7 May 2026
Dr. Kevin Scott, PhD Independent Director
Age 54 · Total comp. $350,395.00 · As of 7 May 2026

Kevin Scott has been a member of our Board since July 2024. Mr. Scott is the Executive Vice President and Chief Technology Officer at Microsoft (MSFT), where he shapes the technical vision to achieve Microsoft's mission and fosters a dynamic environment for engineers and researchers. With a 20-year career in academia and industry, Mr. Scott has held key roles at some of the most influential companies in technology, including Senior VP of Engineering at LinkedIn, where he led the company through its IPO and a period of rapid growth. At Google, he led mobile ads engineering and oversaw the integration of AdMob's $750 million acquisition. Mr. Scott hosts the Behind the Tech podcast and authored Reprogramming the American Dream. Mr. Scott is a co-inventor on several patents and he has also authored several publications on dynamic binary rewriting, cited hundreds of times in scholarly research. Mr. Scott holds an M.S. from Wake Forest University and a B.S. from Lynchburg College, with extensive Ph.D. work in computer science at the University of Virginia.

Lulu Cheng Meservey Independent Director
Age 39 · Total comp. $350,395.00 · As of 7 May 2026
David Heinemeier Hansson Independent Director
Age 46 · Total comp. $343,778.00 · As of 7 May 2026

David Heinemeier Hansson has been a member of our Board since November 2024. He is the Co-Owner and Chief Technology Officer of 37signals, the company behind Basecamp, HEY, and ONCE. He is also the creator of Ruby on Rails, a pioneering open-source web application framework that he continues to develop today. As a best-selling author, Mr. Heinemeier Hansson has co-written several notable books, including REWORK, It Doesn't Have to Be Crazy at Work, REMOTE: Office Not Required, and Getting Real, alongside Jason Fried. He is also a regular contributor to Hey World and frequently shares his expertise on various podcasts. Mr. Heinemeier Hansson earned a degree in Computer Science and Business Administration from Copenhagen Business School.

Jeremy S. Levine Independent Director
Age 52 · As of 7 May 2026

Jeremy Levine has been a member of our Board since February 2011. Since January 2007, Mr. Levine has been a Partner at Bessemer Venture Partners, a venture capital firm he joined in May 2001. Mr. Levine currently serves on the board of directors of Stubhub Holdings, Inc. (NYSE) and on the boards of a number of privately held companies. Mr. Levine holds a B.S. degree in Computer Science from Duke University. Mr. Levine currently serves on the Board of Directors of Stubhub Holdings, Inc. (NYSE).

Jeanne DeWitt Grosser Independent Director
Age 44 · As of 7 May 2026
Darryl Arvai Vice President, Corporate Controller and Principal Accounting Officer
As of 10 Feb 2026

Mr. Darryl Arvai serves as Vice President, Corporate Controller and Principal Accounting Officer of the company.

From SEC filings, via Futu. Compensation is total reported pay for the most recent fiscal year on file, not base salary alone.

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