Shopify Inc. (SHOP)
Nasdaq-100 · Tech Top 100 · Information Technology · data since 2015-05-20 · last close 2026-09-09
Shopify Inc. (SHOP) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -18.5 | -8.0 | -1.8 | 2.1 | -2.0 | -3.8 | 2.6 | 25.8 | -14.0 | · | · | · |
| 2025 | 9.8 | -4.1 | -14.8 | -0.5 | 12.9 | 7.6 | 6.0 | 15.6 | 5.2 | 17.0 | -8.8 | 1.5 |
| 2024 | 2.8 | -4.6 | 1.1 | -9.0 | -15.7 | 11.7 | -7.3 | 21.0 | 8.2 | -2.4 | 47.8 | -8.0 |
| 2023 | 42.0 | -16.5 | 16.5 | 1.1 | 18.0 | 13.0 | 4.6 | -1.6 | -17.9 | -13.5 | 54.3 | 7.0 |
| 2022 | -30.0 | -28.0 | -2.6 | -36.9 | -12.1 | -16.7 | 11.5 | -9.1 | -14.9 | 27.1 | 19.4 | -15.1 |
| 2021 | -3.0 | 16.6 | -13.6 | 6.9 | 5.1 | 17.6 | 2.7 | 1.7 | -11.1 | 8.2 | 3.8 | -9.5 |
| 2020 | 17.1 | -0.5 | -10.0 | 51.6 | 19.9 | 25.3 | 7.9 | 4.1 | -4.1 | -9.5 | 17.8 | 3.8 |
| 2019 | 21.7 | 12.3 | 9.2 | 17.9 | 12.9 | 9.2 | 5.9 | 21.2 | -19.1 | 0.6 | 7.4 | 18.1 |
| 2018 | 26.6 | 8.0 | -9.8 | 7.3 | 10.8 | -1.5 | -5.3 | 5.4 | 12.9 | -16.0 | 10.5 | -9.3 |
| 2017 | 18.5 | 16.5 | 15.0 | 11.5 | 20.9 | -5.4 | 6.3 | 20.1 | 5.0 | -14.6 | 4.3 | -2.7 |
| 2016 | -10.0 | -3.6 | 26.1 | 12.9 | -8.0 | 5.0 | 11.4 | 20.7 | 3.8 | -3.4 | 0.5 | 2.9 |
| 2015 | · | · | · | · | 60.0 | 24.8 | 10.1 | -26.3 | 27.8 | -8.5 | -18.3 | -2.0 |
| Avg | 7.0 | -1.1 | 1.4 | 5.9 | 10.2 | 7.2 | 4.7 | 8.2 | -1.5 | -1.4 | 12.6 | -1.2 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
SHOP seasonality — average by calendar month
Shopify Inc. has monthly history back to 2015. Its strongest month by median is May — positive in 8 of 12 years, median +11.8%, and higher in 6 of the last 9. February is the soft spot, down in 7 of 11 with a median of -3.6%. Across its full record it has closed 61% of months higher, swings ±15.3% in an average month and has fallen 84.8% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +7.0% | -1.1% | +1.4% | +5.9% | +10.2% | +7.2% | +4.7% | +8.2% | -0.4% | -1.4% | +12.6% | -1.2% |
| Win rate | 64%/11 | 36%/11 | 45%/11 | 73%/11 | 67%/12 | 67%/12 | 83%/12 | 75%/12 | 55%/11 | 36%/11 | 82%/11 | 45%/11 |
Win rate = share of positive months / sample size.
SHOP risk & extremes
SHOP drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
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Frequently asked questions
What was Shopify Inc.'s best month?+
Shopify Inc.'s strongest completed month on record is November 2023, at +54.31%.
What was Shopify Inc.'s worst month?+
Its weakest completed month on record is April 2022, at -36.86%.
Is Shopify Inc. up this year?+
Shopify Inc. is down 21.23% year to date, measured from its last close before 1 January.
What is Shopify Inc.'s 1-year return?+
-11.61% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is Shopify Inc.'s biggest drawdown?+
The deepest peak-to-trough fall on record is 84.8%, measured on month-end closes since 2015.
Which calendar month is historically best for Shopify Inc.?+
November has the highest average return across every completed November since 2015. An average is not a forecast.
About Shopify Inc.
Shopify Inc. is a Nasdaq-100 company, an information technology business worth about $163 billion. It turns caffeine and code into shareholder value — with price receipts on this site going back to 2015. And the long game: $100 at its first close here (2015) would be about $5,418 today.
Did you know?
- Its best month on record was November 2023 at +54.31%; its worst, April 2022 at -36.86%.
- It has closed July in the green 10 out of 12 times — calendar astrology, but the fun kind.
Trivia for entertainment — the numbers come from our price data; the jokes don't.