Shopify SHOP EBITDA margin
EBITDA margin at other companies
Other financials
Where this comes from
Calculated from Shopify’s reported figures.
Based on trailing twelve months.
The official record: Shopify’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Shopify's EBITDA margin?
- Shopify (SHOP) reported EBITDA margin of 13.6% in Q1 2026.
- How has Shopify's EBITDA margin changed year-over-year?
- Shopify's EBITDA margin increased by 3.7% year-over-year, from 13.1% to 13.6%.
- What is the long-term trend for Shopify's EBITDA margin?
- Over 2 years (2023 to 2025), Shopify's EBITDA margin has grown at a -13.3% compound annual growth rate (CAGR), from -68.1% to 51.2%.
- What does EBITDA margin mean?
- Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
- How do you interpret EBITDA margin?
- Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
- How does EBITDA margin compare across companies?
- Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.