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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 (2016 - 2025)

Historic Net Margin for Shopify (SHOP) over the last 13 years, with Q3 2025 value amounting to 9.28%.

  • Shopify's Net Margin fell 290200.0% to 9.28% in Q3 2025 from the same period last year, while for Sep 2025 it was 16.65%, marking a year-over-year increase of 46900.0%. This contributed to the annual value of 22.74% for FY2024, which is 208700.0% up from last year.
  • As of Q3 2025, Shopify's Net Margin stood at 9.28%, which was down 290200.0% from 33.81% recorded in Q2 2025.
  • Shopify's 5-year Net Margin high stood at 9247.62% for Q1 2022, and its period low was 15212.61% during Q1 2021.
  • For the 5-year period, Shopify's Net Margin averaged around 558.07%, with its median value being 9.28% (2025).
  • As far as peak fluctuations go, Shopify's Net Margin crashed by -151937100bps in 2021, and later soared by 244602300bps in 2022.
  • Shopify's Net Margin (Quarter) stood at 808.84% in 2021, then surged by 324bps to 1810.83% in 2022, then soared by 130bps to 4164.52% in 2023, then crashed by -99bps to 45.98% in 2024, then tumbled by -80bps to 9.28% in 2025.
  • Its Net Margin stands at 9.28% for Q3 2025, versus 33.81% for Q2 2025 and 28.9% for Q1 2025.