Growth Metrics

Shopify (SHOP) EBITDA (2024 - 2026)

Shopify (SHOP) has disclosed EBITDA for 2 consecutive years, with $745.0 million as the latest value for Q4 2025.

  • For Q4 2025, EBITDA fell 41.98% year-over-year to $745.0 million; the TTM value through Dec 2025 reached $1.2 billion, down 38.05%, while the annual FY2025 figure was $1.2 billion, 38.05% down from the prior year.
  • EBITDA hit $745.0 million in Q4 2025 for Shopify, up from $258.0 million in the prior quarter.
  • Across five years, EBITDA topped out at $1.3 billion in Q4 2024 and bottomed at -$678.0 million in Q1 2025.