Magento lost 23.8% of its stores between October 2024 and September 2026, falling from 58,906 homepages to 44,868. Over the same two years Shopify grew 22.7%, and of the top Magento stores that switched platforms, most went to Shopify.
Source: Suff Digital analysis of 24 monthly crawls of 14.7 million to 16.4 million homepages each · the public HTTP Archive crawl, October 2024 to September 2026
Source: Magento Lost 23.8% of Its Stores in Two Years vs 22.7% Growth for Shopify - Suff Digital