Shopify (SHOP) Interest Coverage Ratio (2024 - 2026)

Shopify's Interest Coverage Ratio history runs 3 years deep, the most recent figure standing at 1.0 for Q1 2026.

• On a quarterly basis, Interest Coverage Ratio rose 124.63% year-over-year to 1.0 in Q1 2026; TTM through Mar 2026 was 4.31, a 64.94% increase from a year earlier, with the FY2025 full-year figure at 1.78, up 3.0% from the prior year.
• Interest Coverage Ratio fell to 1.0 in Q1 2026 per SHOP's latest filing, from 19.12 in the prior quarter.
• Across five years, Interest Coverage Ratio topped out at 241.0 in Q2 2024 and bottomed at 0.42 in Q3 2025.
• The 3-year median for Interest Coverage Ratio is 0.74 (2025), against an average of 43.74.
• Across the five-year window, Interest Coverage Ratio slumped 99.8% in 2025 and soared 124.63% in 2026, its largest moves.
• Year by year, Interest Coverage Ratio stood at 241.0 in 2024, then slumped by 92.07% to 19.12 in 2025, then sank by 94.77% to 1.0 in 2026.
• Per Business Quant, the three latest SHOP Interest Coverage Ratio figures stand at 1.0 (Q1 2026), 19.12 (Q4 2025), and 0.42 (Q3 2025).