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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) Net Margin (2024 - 2026)

Shopify (SHOP) has disclosed Net Margin for 2 consecutive years, with 20.23% as the latest value for Q4 2025.

  • For Q4 2025, Net Margin fell 2575.0% year-over-year to 20.23%; the TTM value through Dec 2025 reached 10.65%, down 1208.0%, while the annual FY2025 figure was 10.65%, 1208.0% down from the prior year.
  • Net Margin hit 20.23% in Q4 2025 for Shopify, up from 9.28% in the prior quarter.
  • Across five years, Net Margin topped out at 45.98% in Q4 2024 and bottomed at 28.9% in Q1 2025.