Growth Metrics

Shopify (SHOP) EBITDA (2024 - 2025)

Shopify has reported EBITDA over the past 2 years, most recently at $745.0 million for Q4 2025.

  • Quarterly results put EBITDA at $745.0 million for Q4 2025, down 41.98% from a year ago — trailing twelve months through Dec 2025 was $1.2 billion (down 38.05% YoY), and the annual figure for FY2025 was $1.2 billion, down 38.05%.
  • EBITDA for Q4 2025 was $745.0 million at Shopify, up from $258.0 million in the prior quarter.
  • Over the last five years, EBITDA for SHOP hit a ceiling of $1.3 billion in Q4 2024 and a floor of -$678.0 million in Q1 2025.