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SHOP
$148.30+0.03%
as of close, Sep 30, 2026
☾ AH $148.30 +0.03%
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Shopify Inc. monthly returns

Shopify Inc. has averaged 4.25% per month, positive in 62% of months. Month-by-month returns for Shopify Inc. (SHOP) below, through September 30, 2026 — the table lists the most recent months; the bar chart plots the last 5 years.

Average month
+4.3%
129 months
Best month
+54.3%
Nov 2023
Worst month
-36.9%
Apr 2022
Positive months
62%
of all months

Shopify Inc. monthly returns#

Shopify Inc. total return by month
MonthTotal return
Sep 2026
+0.6%
Aug 2026
+25.8%
Jul 2026
+2.6%
Jun 2026
-3.8%
May 2026
-2.0%
Apr 2026
+2.1%
Mar 2026
-1.7%
Feb 2026
-8.0%
Jan 2026
-18.5%
Dec 2025
+1.5%
Nov 2025
-8.8%
Oct 2025
+17.0%
Sep 2025
+5.2%
Aug 2025
+15.6%
Jul 2025
+5.9%
Jun 2025
+7.6%
May 2025
+12.9%
Apr 2025
-0.5%
Mar 2025
-14.8%
Feb 2025
-4.1%
Jan 2025
+9.8%
Dec 2024
-8.0%
Nov 2024
+47.8%
Oct 2024
-2.4%
Sep 2024
+8.2%
Aug 2024
+21.0%
Jul 2024
-7.3%
Jun 2024
+11.7%
May 2024
-15.7%
Apr 2024
-9.0%
Mar 2024
+1.0%
Feb 2024
-4.6%
Jan 2024
+2.8%
Dec 2023
+7.0%
Nov 2023
+54.3%
Oct 2023
-13.5%
Sep 2023
-17.9%
Aug 2023
-1.6%
Jul 2023
+4.6%
Jun 2023
+13.0%
May 2023
+18.0%
Apr 2023
+1.1%
Mar 2023
+16.5%
Feb 2023
-16.5%
Jan 2023
+41.9%
Dec 2022
-15.1%
Nov 2022
+19.4%
Oct 2022
+27.1%
Sep 2022
-14.9%
Aug 2022
-9.1%
Jul 2022
+11.5%
Jun 2022
-16.7%
May 2022
-12.1%
Apr 2022
-36.9%
Mar 2022
-2.6%
Feb 2022
-28.0%
Jan 2022
-30.0%
Dec 2021
-9.5%
Nov 2021
+3.8%
Oct 2021
+8.2%
Sep 2021
-11.1%
Aug 2021
+1.7%
Jul 2021
+2.7%
Jun 2021
+17.5%
May 2021
+5.1%
Apr 2021
+6.9%
Mar 2021
-13.6%
Feb 2021
+16.6%
Jan 2021
-2.9%
Dec 2020
+3.8%
Nov 2020
+17.8%
Oct 2020
-9.5%
Sep 2020
-4.1%
Aug 2020
+4.1%
Jul 2020
+7.9%
Jun 2020
+25.3%
May 2020
+19.9%
Apr 2020
+51.7%
Mar 2020
-10.0%
Feb 2020
-0.5%
Jan 2020
+17.1%
Dec 2019
+18.1%
Nov 2019
+7.4%
Oct 2019
+0.6%
Sep 2019
-19.1%
Aug 2019
+21.2%
Jul 2019
+5.9%
Jun 2019
+9.2%
May 2019
+12.9%
Apr 2019
+17.9%
Mar 2019
+9.2%
Feb 2019
+12.3%
Jan 2019
+21.7%
Dec 2018
-9.3%
Nov 2018
+10.5%
Oct 2018
-16.0%
Sep 2018
+12.9%
Aug 2018
+5.4%
Jul 2018
-5.3%
Jun 2018
-1.5%
May 2018
+10.8%
Apr 2018
+7.3%
Mar 2018
-9.9%
Feb 2018
+8.0%
Jan 2018
+26.7%
Dec 2017
-2.7%
Nov 2017
+4.4%
Oct 2017
-14.6%
Sep 2017
+5.0%
Aug 2017
+20.1%
Jul 2017
+6.3%
Jun 2017
-5.4%
May 2017
+20.9%
Apr 2017
+11.5%
Mar 2017
+15.0%
Feb 2017
+16.5%
Jan 2017
+18.5%
Dec 2016
+2.9%
Nov 2016
+0.5%
Oct 2016
-3.4%

Monthly total return (since Oct 2021)#

Methodology#

Monthly returns are total returns (dividends reinvested), computed from SHOP's split- and dividend-adjusted month-end closes. The table shows the most recent 120 months and the bar chart the most recent 60. See the year-by-year returns for the annual view. Past performance does not predict future returns; not investment advice.

FAQ#

What is Shopify Inc.'s average monthly return?
Shopify Inc. (SHOP) has averaged about 4.25% per month, positive in roughly 62% of months. The best month was Nov 2023 (+54.3%) and the worst was Apr 2022 (-36.9%).

More on Shopify Inc.