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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 (2024 - 2025)

Shopify has reported EBITDA Margin over the past 2 years, most recently at 20.29% for Q4 2025.

  • Quarterly results put EBITDA Margin at 20.29% for Q4 2025, down 2537.0% from a year ago — trailing twelve months through Dec 2025 was 10.75% (down 1183.0% YoY), and the annual figure for FY2025 was 10.75%, down 1183.0%.
  • EBITDA Margin for Q4 2025 was 20.29% at Shopify, up from 9.07% in the prior quarter.
  • Over the last five years, EBITDA Margin for SHOP hit a ceiling of 45.66% in Q4 2024 and a floor of 28.73% in Q1 2025.