Shopify
SHOP
#163
Rank
HK$1.019 T
Marketcap
HK$785.27
Share price
2.94%
Change (1 day)
-7.88%
Change (1 year)

Operating Margin for Shopify (SHOP)

Operating Margin as of May 2026 (TTM): 13.30%

According to Shopify's latest financial reports and stock price the company's current Operating Margin is 13.30%. At the end of 2025 the company had an Operating Margin of 13.06%.

Operating Margin history for Shopify from 2014 to 2026

Operating Margin at the end of each year

Year Operating Margin Change
202513.06%-47.95%
202425.09%857.49%
20232.62%-104.05%
2022-64.70%-195%
202168.10%729.96%
20208.20%-235.14%
2019-6.07%0.94%
2018-6.01%1.26%
2017-5.94%-34.59%
2016-9.08%-0.81%
2015-9.16%-56.91%
2014-21.24%120.72%
2013-9.63%85.27%
2012-5.20%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
Stamps.com
STMP
15.76% 18.50%๐Ÿ‡บ๐Ÿ‡ธ USA
MercadoLibre
MELI
9.83%-26.09%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
Etsy
ETSY
14.29% 7.44%๐Ÿ‡บ๐Ÿ‡ธ USA
Shoper
SHO.WA
25.31% 90.30%๐Ÿ‡ต๐Ÿ‡ฑ Poland

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.