This study describes the reproductive cell development and ovarian developmental stages, and identifies the nongerminal components of white shrimp (Penaeus schmitti) caught off the southern coast of Espírito Santo, Brazil. P. schmitti specimens were collected monthly from March 2019 to February 2020, by artisanal fishing. All shrimps were analyzed macroscopically (n = 181) and females were randomly selected monthly (n = 154) for ovarian histological analysis. The ovaries were extracted for visual analysis and then submitted to histological analysis. Macroscopic analysis determined five stages of gonadal development from the color and turgidity of the fresh ovary. Histological observations allowed us to observe five stages of gonadal development: immature, initial development, advanced development, mature and spawning. This information are fundamental for understanding the reproductive aspects of P. schmitti, as well as other penaeid shrimps, in order to promote preservation of natural stocks and provide information to assist in the development of the reproductive potential of native species in captivity.