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Shopify (SHOP) EBITDA (2016 - 2025)

Historic EBITDA for Shopify (SHOP) over the last 13 years, with Q4 2025 value amounting to $745.0 million.

  • Shopify's EBITDA fell 4197.82% to $745.0 million in Q4 2025 from the same period last year, while for Dec 2025 it was $1.2 billion, marking a year-over-year decrease of 3805.49%. This contributed to the annual value of $1.2 billion for FY2025, which is 3805.49% down from last year.
  • Per Shopify's latest filing, its EBITDA stood at $745.0 million for Q4 2025, which was down 4197.82% from $258.0 million recorded in Q3 2025.
  • Shopify's EBITDA's 5-year high stood at $1.3 billion during Q4 2024, with a 5-year trough of -$1.5 billion in Q1 2022.
  • Its 5-year average for EBITDA is $70.0 million, with a median of $123.5 million in 2023.
  • In the last 5 years, Shopify's EBITDA soared by 286754.99% in 2021 and then tumbled by 46493.51% in 2024.
  • Quarter analysis of 5 years shows Shopify's EBITDA stood at -$371.4 million in 2021, then crashed by 62.13% to -$602.2 million in 2022, then tumbled by 115.89% to -$1.3 billion in 2023, then surged by 198.77% to $1.3 billion in 2024, then tumbled by 41.98% to $745.0 million in 2025.
  • Its EBITDA stands at $745.0 million for Q4 2025, versus $258.0 million for Q3 2025 and $917.0 million for Q2 2025.