Operating Margin in % of SHOPIFY INC. from 2022 to Q3 2025

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Shopify Inc. quarterly/annual Operating Margin history and growth rate from 2022 to Q3 2025.
  • Shopify Inc. Operating Margin for the quarter ending September 30, 2025 was 12.2 %.
  • Shopify Inc. annual Operating Margin for 2024 was 12.1 %.
  • Shopify Inc. annual Operating Margin for 2023 was -20.1 %, a 36.9% decline from 2022.
Operating Margin, Quarterly (%)
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)

SHOPIFY INC. Quarterly Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
Q3 2025 12.2 Jul 1, 2025 Sep 30, 2025
Q2 2025 12.4 Apr 1, 2025 Jun 30, 2025
Q1 2025 12.7 Jan 1, 2025 Mar 31, 2025
Q4 2024 12.1 Oct 1, 2024 Dec 31, 2024

SHOPIFY INC. Annual Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
2024 12.1 +32.2 Jan 1, 2024 Dec 31, 2024
2023 -20.1 -5.41 -36.9% Jan 1, 2023 Dec 31, 2023
2022 -14.7 Jan 1, 2022 Dec 31, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.