Thursday, September 10, 2026
ExploreSearch
Via News
Via News Knowledge File

Shopify Inc.

organization80% conf.·synced Aug 13, 2026

E-commerce platform provider

48
sourced metrics
364
relationships
20
stated objectives
1
Via News reports

Every fact below is drawn from Via News's knowledge graph and linked to the source document it came from. Nothing here is unsourced. How we source →

Key metrics · each point sourced

Operating Income
488USD
Aug 5, 2026source
Net Income
439USD
Aug 5, 2026source
Free Cash Flow
654USD
Aug 5, 2026source
Average Trading Volume
11.2million_shares
Aug 5, 2026source
Trading Volume
40.5million_shares
Aug 5, 2026source
Stock Price
144.24USD
Aug 5, 2026source
Margin
16percent
Aug 5, 2026source
Backlog
5USD
Jun 17, 2026source
Cash
2.1USD
May 25, 2026source
One Month Return
-13.13percent
Apr 11, 2026source
Ytd Return
-30.19percent
Apr 11, 2026source
Price Target
132.25USD
Apr 11, 2026source
Portfolio Weighting
4.74percent
Apr 2, 2026source
Intrinsic Value Per Share
99.68USD
Apr 1, 2026source
Valuation Score
0out_of_6
Apr 1, 2026source
Stock Return
1.3percent
Apr 1, 2026source
Ranking
3rank
Mar 24, 2026source
Market Cap
216.79billion_USD
Jan 8, 2026source

Stated objectives

Q4 2025 gross profit growth in low to mid 20% range

source
target: low to mid 20% by 2025-12-31 00:00:00stated

Q4 2025 operating expenses at 30-31% of revenue

source
target: 30-31% by 2025-12-31 00:00:00stated

Q4 2025 free cash flow margin slightly above Q3 levels

source
target: above 18% by 2025-12-31 00:00:00stated

Full year 2025 FCF margin similar to 2024

source
target: similar to 2024 by 2025-12-31 00:00:00stated

Q4 2024 revenue growth in mid-to-high 20%s year-over-year

source
target: 25-29% revenue growth by 2024-12-31 00:00:00stated

Q4 2024 GAAP operating expenses at 32-33% of revenue (300-400bps improvement YoY)

source
target: 32-33% OpEx ratio by 2024-12-31 00:00:00stated

Q4 2024 free cash flow margin similar to Q4 2023 at 21%

source
target: 21% FCF margin by 2024-12-31 00:00:00stated

Full year 2024 free cash flow margin in high teens

source
target: 17-19% FCF margin by 2024-12-31 00:00:00stated

Keep headcount relatively flat year-over-year in Q4 2024

source
target: flat headcount YoY by 2024-12-31 00:00:00stated

Q4 2024 gross profit dollar growth similar to Q3 rate

source
target: 24% gross profit growth by 2024-12-31 00:00:00stated

Relationship graph · 364 connections

Developed by
89
Customer of
56
Competes with
31
Employs
25
Covered by
24
Supplies to
21
Invested in
20
Partnered with
18
licensed from
Stellar Projects

Where sources disagree

We surface conflicts between sources rather than hiding them.

value conflictunresolved

Two different margin values (16% vs 18%) are recorded for the same entity (Shopify Inc.) at the identical timestamp (2026-08-05 00:00:00). With no distinguishing context (same period designation, no qualifier for margin type), these represent conflicting data about the same fact.

source Asource B

Via News coverage

GuideAI Health Corp. Raises $5.15M Through Reverse Merger as AI Rebranding Drives Healthcare Listings
June 19, 2026
This Knowledge File is assembled from Via News's source-traceable knowledge graph. Metrics, objectives and relationships are extracted from primary and credible secondary documents and refreshed on a schedule. Read our methodology →
What we know · the intelligence behind this page
Live from the substrate
What we're seeing
AI Capital Boom Meets Valuation Jitters: Funding Surges While Bellwether Stocks Wobble
A dense wave of AI-sector funding (Socure, Stability AI, Emerald AI, Generalist AI, Gatik, Regent Craft and others closing rounds on the same day) and strong enterprise-automation earnings (UiPath raising full-year guidance) point to continued heavy capital deployment into AI infrastructure, fintech-adjacent AI, and agentic automation. Yet Palantir's stock fell even after winning the Army's high-profile TITAN contract, and commentary (e.g., the Alphabet bull case citing AI capex and regulatory risk) signals growing investor unease about whether current AI valuations and spending levels are sustainable.
Our read on the data ›
Signals we're tracking
Satellite-Terrestrial Network Integration Acceleration
Increased investment and launches in hybrid satellite-cellular networks across telecom industry; competitive responses from other carriers; regulatory activity around satellite spectrum; expansion of emergency/rural connectivity use cases
Patterns we're watching ›
Where sources disagree
JPMorgan Chase & Co.
Both facts represent the same entity (JPMorgan Chase & Co.), same attribute (EPS), and same observation date (2025-12-31), which aligns with FY 2025 year-end reporting. Fact A explicitly states FY 2025 with EPS of 20.02 USD/share. Fact B has an unspecified fiscal period (N/A) but reports 4.63 USD, a significantly different value (4.3x lower). Given identical observation dates and the same metric, both facts appear intended to represent FY 2025 annual EPS. The conflicting values (20.02 vs 4.63) constitute a direct contradiction. The N/A period in Fact B suggests incomplete or corrupted metadata rather than legitimate time-period variation.
We flag conflicts openly ›
Recently verified
✓ Checked against the original source
4,981
facts traced to their source — and we flag the ones that don't hold up.
101 entities tracked4,981 facts checked against source5,278 source documents archived
Query this data → isubstrate.com