Shopify SHOP
NASDAQ SHOP
$145.09 -0.79 (-0.54%)
At close: Sep 4, 2026 · 4:00 PM EDT

Shopify (SHOP) EV to EBIT (2024 - 2026)

Shopify (SHOP) posted EV to EBIT of 292.91 for Q2 2026, down 24.83% on a QoQ basis from 389.69 in Q1 2026, and down 40.76% year-over-year from 494.42 in Q2 2025.

Analysis

Shopify (SHOP) EV to EBIT (2024 - 2026) Analysis & Trends

Shopify has reported EV to EBIT for 3 years, with the latest figure at 292.91 in Q2 2026.

  • On a quarterly basis, EV to EBIT fell 40.76% year-over-year to 292.91 in Q2 2026; TTM through Jun 2026 was 77.52, a 33.08% decrease from a year earlier, with the FY2025 full-year figure at 138.5, up 13.08% from the prior year.
  • EV to EBIT was 292.91 for Q2 2026 at Shopify, down from 389.69 in the prior quarter.
  • The five-year high for EV to EBIT was 1155.87 in Q1 2024, with the low at 283.15 in Q4 2024.
  • Average EV to EBIT over 3 years is 478.44, with a median of 377.74 recorded in 2024.
  • The largest YoY upside for EV to EBIT was 48.93% in 2025 against a maximum downside of 49.64% in 2025.
  • Over 3 years, EV to EBIT stood at 283.15 in 2024, then grew by 13.79% to 322.21 in 2025, then decreased by 9.09% to 292.91 in 2026.
  • The last three EV to EBIT figures came in at 292.91 (Q2 2026), 389.69 (Q1 2026), and 322.21 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Shopify 187.92 Bn 182.98 Bn 1.71 Bn
2 Global-E Online 6.49 Bn 6.13 Bn 131.87 Mn
3 Vtex 624.51 Mn 438.62 Mn 51.71 Mn
4 Rezolve Ai 359.91 Mn 248.80 Mn -
5 Commerce.com 212.95 Mn 56.62 Mn 63.53 Mn
6 Baozun 154.04 Mn -65.26 Mn 302.56 Mn
7 BeLive Holdings 23.36 Mn 16.74 Mn -
8 Paid 20.26 Mn 19.18 Mn 1.22 Mn
9 Caro Holdings 11.71 Mn 11.71 Mn -
10 My Size 1.36 Mn 650,132.45 973,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 292.91
Mar 31, 2026 389.69
Dec 31, 2025 322.21
Sep 30, 2025 544.76
Jun 30, 2025 494.42
Mar 31, 2025 582.11
Dec 31, 2024 283.15
Sep 30, 2024 365.79
Jun 30, 2024 353.49
Mar 31, 2024 1,155.87