Growth Metrics

Shopify (SHOP) EBIAT (2016 - 2025)

Historic EBIAT for Shopify (SHOP) over the last 13 years, with Q3 2025 value amounting to $264.0 million.

  • Shopify's EBIAT fell 6811.59% to $264.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.8 billion, marking a year-over-year increase of 40444.44%. This contributed to the annual value of $2.0 billion for FY2024, which is 142954.55% up from last year.
  • Per Shopify's latest filing, its EBIAT stood at $264.0 million for Q3 2025, which was down 6811.59% from $906.0 million recorded in Q2 2025.
  • In the past 5 years, Shopify's EBIAT ranged from a high of $1.3 billion in Q4 2024 and a low of -$1.5 billion during Q1 2022
  • Moreover, its 5-year median value for EBIAT was $68.0 million (2023), whereas its average is $34.8 million.
  • Its EBIAT has fluctuated over the past 5 years, first surged by 414138.62% in 2021, then tumbled by 50147.06% in 2024.
  • Quarter analysis of 5 years shows Shopify's EBIAT stood at -$294.6 million in 2021, then crashed by 55.98% to -$459.5 million in 2022, then plummeted by 185.32% to -$1.3 billion in 2023, then skyrocketed by 198.63% to $1.3 billion in 2024, then tumbled by 79.58% to $264.0 million in 2025.
  • Its EBIAT was $264.0 million in Q3 2025, compared to $906.0 million in Q2 2025 and -$682.0 million in Q1 2025.