Shopify Operating Margin 2013-2025 | SHOP

Current and historical operating margin for Shopify (SHOP) over the last 10 years. The current operating profit margin for Shopify as of June 30, 2025 is 13.77%.
Shopify Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2025-06-30 $10.01B $1.24B 12.40%
2025-03-31 $9.38B $1.19B 12.71%
2024-12-31 $8.88B $1.08B 12.11%
2024-09-30 $8.21B $0.90B 10.95%
2024-06-30 $7.76B $0.74B 9.51%
2024-03-31 $7.41B $-1.14B -15.36%
2023-12-31 $7.06B $-1.42B -20.08%
2023-09-30 $6.65B $-1.90B -28.49%
2023-06-30 $6.30B $-2.36B -37.49%
2023-03-31 $5.90B $-0.92B -15.53%
2022-12-31 $5.60B $-0.82B -14.68%
2022-09-30 $5.25B $-0.62B -11.82%
2022-06-30 $5.00B $-0.28B -5.56%
2022-03-31 $4.83B $0.05B 1.06%
2021-12-31 $4.61B $0.27B 5.81%
2021-09-30 $4.21B $0.37B 8.72%
2021-06-30 $3.85B $0.42B 10.95%
2021-03-31 $3.45B $0.28B 8.21%
2020-12-31 $2.93B $0.09B 3.11%
2020-09-30 $2.46B $-0.05B -2.12%
2020-06-30 $2.08B $-0.14B -6.68%
2020-03-31 $1.73B $-0.18B -10.36%
2019-12-31 $1.58B $-0.14B -9.00%
2019-09-30 $1.42B $-0.12B -8.54%
2019-06-30 $1.30B $-0.12B -8.95%
2019-03-31 $1.18B $-0.11B -9.08%
2018-12-31 $1.07B $-0.09B -8.48%
2018-09-30 $0.95B $-0.09B -9.24%
2018-06-30 $0.85B $-0.07B -8.21%
2018-03-31 $0.76B $-0.06B -7.24%
2017-12-31 $0.67B $-0.05B -7.28%
2017-09-30 $0.58B $-0.05B -8.97%
2017-06-30 $0.51B $-0.05B -9.43%
2017-03-31 $0.44B $-0.04B -9.23%
2016-12-31 $0.39B $-0.04B -9.49%
2016-09-30 $0.33B $-0.04B -10.61%
2016-06-30 $0.28B $-0.03B -10.60%
2016-03-31 $0.24B $-0.02B -9.96%
2015-12-31 $0.21B $-0.02B -8.29%
2015-09-30 $0.17B $-0.02B -8.82%
2015-06-30 $0.14B $-0.02B -10.42%
2015-03-31 $0.12B $-0.02B -15.45%
2014-12-31 $0.11B $-0.02B -20.95%
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $180.978B $8.880B
Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company's software to run business across various sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Shopify's platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects. This improves their ability to target prospective customers more easily, which drives sales growth.
Stock Name Country Market Cap PE Ratio
Alphabet (GOOG) United States $2448.914B 21.56
Alphabet (GOOGL) United States $2437.788B 21.47
Tencent Holding (TCEHY) China $691.016B 24.59
Uber Technologies (UBER) United States $198.782B 16.24
DoorDash (DASH) United States $106.102B 137.98
Baidu (BIDU) China $30.769B 9.99
Trade Desk (TTD) United States $25.684B 63.29
KE Holdings (BEKE) China $21.433B 32.14
Zillow (Z) United States $20.230B 0.00
Rakuten (RKUNY) Japan $12.976B 0.00
Akamai Technologies (AKAM) United States $10.968B 17.23
Square Enix Holdings (SQNXF) Japan $9.280B 70.27
Dropbox (DBX) United States $7.634B 14.97
CyberAgent (CYAGF) Japan $6.355B 32.18
Lyft (LYFT) United States $6.328B 55.61
PCCW (PCCWY) Hong Kong, SAR China $5.766B 0.00
CyberAgent (CYGIY) Japan $5.278B 26.05
United Internet AG (UDIRF) Germany $5.248B 36.94
Internet Initiative Japan (IIJIY) Japan $3.687B 26.48
Autohome (ATHM) China $3.368B 14.41
JOYY (JOYY) Singapore $2.572B 10.23
IQIYI (IQ) China $2.195B 32.57
DeNA Co (DNACF) Japan $1.949B 8.93
Upwork (UPWK) United States $1.838B 7.97
Sprout Social (SPT) United States $0.865B 0.00
HealthStream (HSTM) United States $0.787B 39.61
Uxin (UXIN) China $0.694B 0.00
Sify Technologies (SIFY) India $0.591B 0.00
Yirendai (YRD) China $0.512B 2.77
Xunlei (XNET) China $0.494B 22.54
Cango (CANG) China $0.492B 0.00
ZKH Group (ZKH) China $0.484B 0.00
Sohu (SOHU) China $0.451B 0.00
Chykingyoung Investment Development Holdings (CHYI) Canada $0.276B 11.62
Eventbrite (EB) United States $0.257B 0.00
Trivago ADS (TRVG) Germany $0.227B 53.67
Viomi Technology (VIOT) China $0.226B 0.00
Crexendo (CXDO) United States $0.179B 29.60
TrueCar (TRUE) United States $0.165B 0.00
Sunlands Technology Group (STG) China $0.144B 2.96
Metalpha Technology Holding (MATH) Hong Kong, SAR China $0.112B 0.00
LivePerson (LPSN) United States $0.100B 0.00
Yatra Online (YTRA) India $0.087B 140.00
Marchex (MCHX) United States $0.087B 0.00
Ealixir (EAXR) United States $0.054B 89.00
Data Storage (DTST) United States $0.033B 0.00
GigaMedia (GIGM) Taiwan $0.016B 0.00
Bridgeline Digital (BLIN) United States $0.016B 0.00
Focus Universal (FCUV) United States $0.015B 0.00
Senmiao Technology (AIHS) China $0.002B 0.00
Taoping (TAOP) China $0.002B 0.00
CooTek (Cayman) (CTK) China $0.000B 0.00
Internap (INAPQ) United States $0.000B 0.00
China Finance Online (JRJC) China $0.000B 0.00