Shopify () Net margin US GAAP (year values)
FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? CAGR 5 years ?
Net margin, % ? 63.2% -61.8% 1.87% 22.7% 10.7%   10.8%  
Changes by years, y/y, % +52pp -125pp +64pp +21pp -12pp     -0.5%
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Shopify. Net margin, %

Shopify. Net margin, changes, pp

Shopify () Net margin US GAAP (quarter values)
FY2025Q2 FY2025Q3 FY2025Q4 FY2026Q1 FY2026Q2   LTM ?
Net margin, % ? 33.8% 9.28% 20.2% -18.3% 41.9%   10.8%
Changes by years, y/y, % +25pp -29pp -26pp +11pp +8pp    
Changes by quarters, q/q, % +63pp -25pp +11pp -39pp +60pp    

Shopify. Net margin, %

Shopify. Net margin, changes, pp

Shopify. Net margin, changes, pp


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