Growth Metrics

Shopify (SHOP) EBT (2024 - 2026)

Shopify (SHOP) has disclosed EBT for 2 consecutive years, with $892.0 million as the latest value for Q4 2025.

  • For Q4 2025, EBT fell 37.23% year-over-year to $892.0 million; the TTM value through Dec 2025 reached $1.5 billion, down 32.27%, while the annual FY2025 figure was $1.5 billion, 32.27% down from the prior year.
  • EBT hit $892.0 million in Q4 2025 for Shopify, up from $308.0 million in the prior quarter.
  • Across five years, EBT topped out at $1.4 billion in Q4 2024 and bottomed at -$770.0 million in Q1 2025.