Shopify Inc

NAS:SHOPTechnologyNASDAQ:CPQNASDAQ:IXCO

$171.06+0.91%At closeAt close · Tue 20 Oct · ≈ AED 628.22 · Market cap $220.09B · Next earnings Tue 3 Nov · Extended $171.48 +0.25%

Ratio	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	Current · undated	YoY
Gross margin	52.6%	53.8%	49.2%	49.8%	50.4%	48.1%	—	—
Operating margin	3.1%	5.8%	−14.7%	−20.1%	12.1%	12.7%	12.7%	+0.0 pts
Net margin	10.9%	63.2%	−61.8%	1.9%	22.7%	10.7%	10.7%	+0.0 pts
EBITDA margin	10.9%	69.6%	−10.6%	2.0%	15.1%	13.3%	—	—
Return on equity	5.0%	26.2%	−42.0%	1.5%	17.5%	9.1%	9.1%	+0.0 pts
Return on assets	4.1%	21.8%	−32.2%	1.2%	14.5%	8.1%	8.1%	+0.0 pts
Return on capital employed	1.2%	2.1%	−8.3%	−13.6%	9.0%	10.6%	—	—
Debt / equity	0.1×	0.1×	0.2×	0.1×	0.1×	0.0×	0.0×	+0.0%
Debt / assets	11.8%	8.8%	13.0%	10.2%	8.1%	1.2%	—	—
Interest coverage	9.4×	77.6×	−714.8×	0.0×	0.0×	0.0×	—	—
Current ratio	15.7×	12.2×	7.1×	7.0×	3.7×	6.0×	6.0×	+0.0%
Quick ratio	15.7×	12.2×	7.1×	7.0×	3.7×	5.9×	—	—
Cash ratio	6.2×	3.6×	1.9×	1.6×	0.8×	1.1×	1.1×	+0.0%
Asset turnover	0.4×	0.3×	0.5×	0.6×	0.6×	0.8×	—	—
Inventory turnover	—	—	—	186.6×	169.5×	285.8×	—	—
Receivables turnover	6.9×	6.9×	6.5×	6.1×	5.4×	4.9×	—	—
Dividend payout	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—	—

Margins, returns, leverage and liquidityUpdated 31 Dec 2025 ·

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Current snapshot ratios have no reporting date and are shown separately from fiscal periods.