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Shopify Inc. Shopify Inc.

Shopify Inc.

SHOP
Rank in Stocks #82
Headquartered in Ottawa, Canada, Shopify Inc. is a global commerce company... Headquartered in Ottawa, Canada, Shopify Inc. is a global commerce company established in 2004. Operating across Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America, it delivers a comprehensive platform and suite of services designed to empower merchants. This robust platform allows businesses to showcase, manage, market, and sell their products through a diverse array of channels, including online and mobile storefronts, brick-and-mortar stores, temporary pop-up locations, social media integrations, dedicated mobile applications, buy buttons, and various online marketplaces. Beyond sales, Shopify's ecosystem supports merchants in managing inventory, processing transactions, handling order fulfillment and shipping, cultivating customer relationships, sourcing products, leveraging advanced analytics, overseeing financial operations, and accessing capital. The company further enhances its offerings with custom themes, applications, and domain name registration services. Its merchant solutions specifically encompass payment processing, streamlined shipping and fulfillment, and secure access to working capital. Prior to its current name, adopted in November 2011, the company was known as Jaded Pixel Technologies Inc.
Share Price
$167.22
Market Cap
$216.99B
Change (1 day)
5.57%
Change (1 year)
3.77%
Country
CA
Trade Shopify Inc. (SHOP)

Category

Technology
Operating Margin for Shopify Inc. (SHOP)
Operating Margin as of October 2026 TTM: 13.90%
According to Shopify Inc. latest financial reports and stock price the company's current Operating Margin (TTM) is 13.90%. 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) 13.90% 14.78%
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.DE
25.80% -98.14%
DE
Salesforce, Inc. Salesforce, Inc.
Salesforce, Inc.
CRM.US
21.39% -98.46%
US
Uber Technologies, Inc. Uber Technologies, Inc.
Uber Technologies, Inc.
UBER.US
12.47% -99.10%
US
ServiceNow, Inc. ServiceNow, Inc.
ServiceNow, Inc.
NOW.US
11.40% -99.18%
US
Snowflake Inc. Snowflake Inc.
Snowflake Inc.
SNOW.US
-22.76% -101.64%
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.