Screener
Shopify SHOP Ratios & Valuation
| Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 47.5%-1.2pp | 47.8%-1.6pp | 48%-2.0pp | 48.1%-2.3pp | 48.7%-2.3pp | |
| Operating margin | 14.2%+2.0pp | 13.9%+1.5pp | 13.3%+0.6pp | 12.7%+0.6pp | 12.2%+8.9pp | |
| Net margin | 21.7%+5.4pp | 13.9%-9.0pp | 10.1%-6.9pp | 9.9%-12.8pp | 16.3%+5.6pp | |
| Returns | ||||||
| Return on equity | 24.1%+8.7pp | 14.9%-6.7pp | 10.6%-5.4pp | 9.2%-10.4pp | 15.4%— | |
| Efficiency | ||||||
| Asset turnover | 0.9×— | 0.9×— | 0.9×— | 0.8×+0.1× | —— | |
| Valuation | ||||||
| Market capitalization | $191.83B-2.4% | $148.17B-0.2% | $154.69B+25.1% | $209.56B+52.5% | $193.14B+87.1% | |
| Price / earnings | 104.1×-81.7× | 80.4×+15.7× | 124.1×+46.4× | 182.9×+115× | 110.7×-12.2× | |
| Price / sales | 14.5×-5.0× | 11.2×-3.7× | 12.5×-0.7× | 18.1×+2.7× | 18.1×+4.9× | |
| Price / book | 15.1×-0.6× | 11.7×-0.6× | 12.4×+1.2× | 15.6×+3.7× | 15.4×+5.2× |
FAQ
- What are Shopify's profit margins?
- Shopify (SHOP) runs a 47.8% gross margin and a 14.2% operating margin, with a 13.9% net margin.
- Where do Shopify's ratios come from?
- Every ratio is computed from Shopify's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
