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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Shopify (SHOP) EBITDA Margin (2016 - 2025)

Historic EBITDA Margin for Shopify (SHOP) over the last 13 years, with Q3 2025 value amounting to 9.07%.

  • Shopify's EBITDA Margin fell 294100.0% to 9.07% in Q3 2025 from the same period last year, while for Sep 2025 it was 16.65%, marking a year-over-year increase of 261900.0%. This contributed to the annual value of 22.58% for FY2024, which is 204300.0% up from last year.
  • Latest data reveals that Shopify reported EBITDA Margin of 9.07% as of Q3 2025, which was down 294100.0% from 34.22% recorded in Q2 2025.
  • In the past 5 years, Shopify's EBITDA Margin registered a high of 7413.12% during Q1 2022, and its lowest value of 12901.68% during Q1 2021.
  • Over the past 5 years, Shopify's median EBITDA Margin value was 34.22% (recorded in 2025), while the average stood at 278.12%.
  • Per our database at Business Quant, Shopify's EBITDA Margin crashed by -128914600bps in 2021 and then surged by 203148100bps in 2022.
  • Shopify's EBITDA Margin (Quarter) stood at 1737.98% in 2021, then surged by 41bps to 2444.35% in 2022, then skyrocketed by 72bps to 4193.55% in 2023, then plummeted by -99bps to 45.66% in 2024, then tumbled by -80bps to 9.07% in 2025.
  • Its last three reported values are 9.07% in Q3 2025, 34.22% for Q2 2025, and 28.73% during Q1 2025.