Thinkific Labs Inc Market Cap ($92.80 Million)

$92.80 Million USD  · CA$128.28 Million CAD  · Rank #19302

Market Cap & Net Worth: Thinkific Labs Inc (THNC)

Thinkific Labs Inc market cap. Thinkific Labs Inc (TO:THNC) has a market capitalization of $92.80 Million (CA$128.28 Million) as of October 31, 2026. Listed on the TO stock exchange, this Canada-based company holds position #19302 globally and #637 in its home market, demonstrating a -6.64% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Thinkific Labs Inc's stock price CA$2.11 by its total outstanding shares 67736211 (67.74 Million).

Thinkific Labs Inc Market Cap History (2021–2026)

Thinkific Labs Inc market cap history from 2021 to 2026. Data shows change from $436.58 Million to $103.39 Million (-30.44% CAGR). Check Thinkific Labs Inc (THNC) share price today for real-time trading data and today's change.

Thinkific Labs Inc Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Thinkific Labs Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Also see Thinkific Labs Inc (THNC) cash flow conversion for how efficiently the company converts equity into cash flow.

Latest Price to Sales (P/S) Ratio

1.28x

Thinkific Labs Inc's market cap is 1.28 times its annual revenue

Industry average: 3.82x Lower than industry average

Latest Price to Earnings (P/E) Ratio

72.48x

Thinkific Labs Inc's market cap is 72.48 times its annual earnings

Industry average: 18.16x Higher than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2021 $436.58 Million $38.12 Million -$28.44 Million 11.45x N/A
2022 $92.12 Million $51.48 Million -$41.90 Million 1.79x N/A
2023 $157.78 Million $59.05 Million -$9.78 Million 2.67x N/A
2024 $146.51 Million $66.94 Million -$237.00K 2.19x N/A
2025 $95.06 Million $74.47 Million $1.31 Million 1.28x 72.48x

Competitor Companies of THNC by Market Capitalization

Companies near Thinkific Labs Inc in the global market cap rankings as of October 31, 2026. See Thinkific Labs Inc (THNC) balance sheet quality index to understand what proportion of total assets are financed by equity.

Key companies related to Thinkific Labs Inc by market ranking:

  • Shopify Inc (NYSE:SHOP): Ranked #105 globally with a market cap of $196.94 Billion USD.
  • Shopify Inc (TO:SHOP): Ranked #109 globally with a market cap of $194.42 Billion USD ( CA$268.76 Billion CAD).
  • SAP SE (F:SAPA): Ranked #127 globally with a market cap of $173.28 Billion USD ( €148.21 Billion EUR).
  • SAP SE (F:SAP): Ranked #134 globally with a market cap of $168.70 Billion USD ( €144.30 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#105 Shopify Inc NYSE:SHOP $196.94 Billion $161.08
#109 Shopify Inc TO:SHOP $194.42 Billion CA$220.37
#127 SAP SE F:SAPA $173.28 Billion €211.00
#134 SAP SE F:SAP $168.70 Billion €210.45

Market Capitalization of Thinkific Labs Inc (2021–2026)

Market capitalization of Thinkific Labs Inc from 2021 to today. Between 2021 and today, Thinkific Labs Inc's market cap moved from $436.58 Million to $ 103.39 Million, with a yearly change of -30.44%.

Year Market Cap Change (%)
2026 CA$103.39 Million +8.76%
2025 CA$95.06 Million -35.12%
2024 CA$146.51 Million -7.14%
2023 CA$157.78 Million +71.28%
2022 CA$92.12 Million -78.90%
2021 CA$436.58 Million --

End of Day Market Cap According to Different Sources

On Oct 31st, 2026 the market cap of Thinkific Labs Inc was reported to be:

Source Market Cap
Yahoo Finance $92.80 Million USD
MoneyControl $92.80 Million USD
MarketWatch $92.80 Million USD
marketcap.company $92.80 Million USD
Reuters $92.80 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Thinkific Labs Inc

TO:THNC Canada Software - Application
Market Cap
$103.39 Million
CA$142.92 Million CAD
Market Cap Rank
#19302 Global
#637 in Canada
Share Price
CA$2.11
Change (1 day)
-4.09%
52-Week Range
CA$1.13 - CA$2.36
All Time High
CA$19.00
About

Thinkific Labs Inc. engages in the development, marketing, and support management of cloud-based platform in Canada, the United States, and internationally. It provides a learning commerce platform that provides courses, communities, AI and commerce. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.