Shopify Gross Margin 2013-2025 | SHOP

Current and historical gross margin for Shopify (SHOP) over the last 10 years. The current gross profit margin for Shopify as of March 31, 2025 is %.
Shopify Gross Margin Historical Data
Date TTM Revenue TTM Gross Profit Gross Margin
2025-03-31 $9.38B $4.68B 49.94%
2024-12-31 $8.88B $4.47B 50.36%
2024-09-30 $8.21B $4.18B 50.93%
2024-06-30 $7.76B $3.97B 51.07%
2024-03-31 $7.41B $3.76B 50.65%
2023-12-31 $7.06B $3.52B 49.79%
2023-09-30 $6.65B $3.25B 48.88%
2023-06-30 $6.30B $3.01B 47.79%
2023-03-31 $5.90B $2.83B 47.98%
2022-12-31 $5.60B $2.75B 49.18%
2022-09-30 $5.25B $2.65B 50.51%
2022-06-30 $5.00B $2.60B 51.89%
2022-03-31 $4.83B $2.56B 53.06%
2021-12-31 $4.61B $2.48B 53.82%
2021-09-30 $4.21B $2.29B 54.47%
2021-06-30 $3.85B $2.09B 54.22%
2021-03-31 $3.45B $1.84B 53.45%
2020-12-31 $2.93B $1.54B 52.61%
2020-09-30 $2.46B $1.30B 52.97%
2020-06-30 $2.08B $1.11B 53.51%
2020-03-31 $1.73B $0.94B 54.57%
2019-12-31 $1.58B $0.87B 54.88%
2019-09-30 $1.42B $0.79B 55.61%
2019-06-30 $1.30B $0.72B 55.63%
2019-03-31 $1.18B $0.65B 55.39%
2018-12-31 $1.07B $0.60B 55.64%
2018-09-30 $0.95B $0.53B 55.88%
2018-06-30 $0.85B $0.48B 56.51%
2018-03-31 $0.76B $0.43B 56.84%
2017-12-31 $0.67B $0.38B 56.46%
2017-09-30 $0.58B $0.33B 56.38%
2017-06-30 $0.51B $0.28B 55.21%
2017-03-31 $0.44B $0.24B 54.50%
2016-12-31 $0.39B $0.21B 53.85%
2016-09-30 $0.33B $0.18B 54.55%
2016-06-30 $0.28B $0.16B 54.77%
2016-03-31 $0.24B $0.13B 54.77%
2015-12-31 $0.21B $0.11B 55.61%
2015-09-30 $0.17B $0.10B 56.47%
2015-06-30 $0.14B $0.08B 57.64%
2015-03-31 $0.12B $0.07B 58.54%
2014-12-31 $0.11B $0.06B 59.05%
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $136.666B $8.880B
Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company's software to run business across various sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Shopify's platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects. This improves their ability to target prospective customers more easily, which drives sales growth.
Stock Name Country Market Cap PE Ratio
Alphabet (GOOG) United States $2134.304B 19.61
Alphabet (GOOGL) United States $2119.621B 19.47
Tencent Holding (TCEHY) China $595.604B 21.75
Uber Technologies (UBER) United States $175.512B 14.70
DoorDash (DASH) United States $92.783B 284.36
Trade Desk (TTD) United States $33.398B 82.88
Baidu (BIDU) China $29.708B 9.64
KE Holdings (BEKE) China $22.318B 32.98
Zillow (Z) United States $16.991B 0.00
Rakuten (RKUNY) Japan $12.023B 0.00
Akamai Technologies (AKAM) United States $11.262B 17.51
Dropbox (DBX) United States $7.907B 15.87
Square Enix Holdings (SQNXF) Japan $7.684B 45.71
Lyft (LYFT) United States $6.178B 70.38
United Internet AG (UDIRF) Germany $5.213B 0.00
PCCW (PCCWY) Hong Kong, SAR China $5.023B 0.00
CyberAgent (CYGIY) Japan $4.873B 30.06
CyberAgent (CYAGF) Japan $4.091B 25.25
Internet Initiative Japan (IIJIY) Japan $3.568B 26.50
Autohome (ATHM) China $3.045B 12.40
JOYY (JOYY) Singapore $2.552B 10.15
DeNA Co (DNACF) Japan $1.945B 12.13
Upwork (UPWK) United States $1.820B 8.28
IQIYI (IQ) China $1.666B 24.71
Sprout Social (SPT) United States $1.181B 0.00
HealthStream (HSTM) United States $0.832B 43.25
Uxin (UXIN) China $0.697B 0.00
Yirendai (YRD) China $0.548B 2.96
ZKH Group (ZKH) China $0.505B 0.00
Cango (CANG) China $0.501B 0.00
Sohu (SOHU) China $0.325B 0.00
Xunlei (XNET) China $0.313B 18.59
Trivago ADS (TRVG) Germany $0.279B 56.71
Eventbrite (EB) United States $0.228B 0.00
Crexendo (CXDO) United States $0.149B 28.56
Metalpha Technology Holding (MATH) Hong Kong, SAR China $0.131B 0.00
TrueCar (TRUE) United States $0.131B 0.00
Sify Technologies (SIFY) India $0.130B 0.00
Chykingyoung Investment Development Holdings (CHYI) Canada $0.106B 0.00
Viomi Technology (VIOT) China $0.094B 0.00
Marchex (MCHX) United States $0.081B 0.00
Sunlands Technology Group (STG) China $0.076B 1.81
LivePerson (LPSN) United States $0.064B 0.00
Yatra Online (YTRA) India $0.061B 0.00
Ealixir (EAXR) United States $0.054B 0.00
Focus Universal (FCUV) United States $0.026B 0.00
Data Storage (DTST) United States $0.025B 174.50
Bridgeline Digital (BLIN) United States $0.019B 0.00
GigaMedia (GIGM) Taiwan $0.016B 0.00
Senmiao Technology (AIHS) China $0.004B 0.00
Taoping (TAOP) China $0.002B 0.00
China Finance Online (JRJC) China $0.000B 0.00
CooTek (Cayman) (CTK) China $0.000B 0.00
Internap (INAPQ) United States $0.000B 0.00