Shopify Profit Margin

Shopify's profit margin stands at 10.85% as of March 2026. That compares with 17.17% in the prior-year period — down 36.8% year over year. That is below the Technology sector average of 36.35%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Shopify reported 10.85% in profit margin versus 17.17% a year earlier — a 36.8% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Shopify sits lower the Technology benchmark (36.35%) with a profit margin of 10.85%. That is roughly 70.1% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

A profit margin of 10.85% for Shopify means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.

The history chart shows how Shopify's profit margin evolved across reporting periods, while the comparison chart places SHOP next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.