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Shopify Inc. Shopify Inc.

Shopify Inc.

SHOP
Rank in Stocks #111
Shopify Inc., a commerce company, provides a commerce platform and services in... Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.
Share Price
$111.12
Market Cap
$145.02B
Change (1 day)
-0.65%
Change (1 year)
44.14%
Country
CA
Trade Shopify Inc. (SHOP)

Category

Technology
Operating Margin for Shopify Inc. (SHOP)
Operating Margin as of April 2026 TTM: 12.70%
According to Shopify Inc. latest financial reports and stock price the company's current Operating Margin (TTM) is 12.70%. At the end of 2023 the company had an Operating Margin of -20.08%.
Operating Margin history for Shopify Inc. from 2012 to 2026
Operating Margin at the end of each year
Year Operating Margin Change
2026 (TTM) 12.70% 4.87%
2024 12.11% -160.31%
2023 -20.08% 36.78%
2022 -14.68% -351.80%
2021 5.83% 89.29%
2020 3.08% -134.45%
2019 -8.94% 4.44%
2018 -8.56% 17.26%
2017 -7.30% -23.56%
2016 -9.55% 10.40%
2015 -8.65% -57.97%
2014 -20.58% 142.12%
2013 -8.50% 33.23%
2012 -6.38% 0.00%
Operating Margin for similar companies or competitors
Company Operating Margin Operating Margin Difference Country
SAP SE SAP SE
SAP SE
SAP.US
27.04% -97.87%
DE
Salesforce, Inc. Salesforce, Inc.
Salesforce, Inc.
CRM.US
21.46% -98.31%
US
Uber Technologies, Inc. Uber Technologies, Inc.
Uber Technologies, Inc.
UBER.US
10.70% -99.16%
US
AppLovin Corporation AppLovin Corporation
AppLovin Corporation
APP.US
68.47% -94.61%
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Intuit Inc. Intuit Inc.
Intuit Inc.
INTU.US
27.08% -97.87%
US
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.