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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 - 2025)

Shopify has reported Net Margin over the past 2 years, most recently at 20.23% for Q4 2025.

  • Quarterly results put Net Margin at 20.23% for Q4 2025, down 2575.0% from a year ago — trailing twelve months through Dec 2025 was 10.65% (down 1208.0% YoY), and the annual figure for FY2025 was 10.65%, down 1208.0%.
  • Net Margin for Q4 2025 was 20.23% at Shopify, up from 9.28% in the prior quarter.
  • Over the last five years, Net Margin for SHOP hit a ceiling of 45.98% in Q4 2024 and a floor of 28.9% in Q1 2025.