First Time Loading...

Shopify Inc
NYSE:SHOP

Watchlist Manager
Shopify Inc Logo
Shopify Inc
NYSE:SHOP
Watchlist
Price: 72 USD 2.27% Market Closed
Updated: May 3, 2024

Gross Margin
Shopify Inc

49.8%
Current
51%
Average
46.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
49.8%
=
Gross Profit
3.5B
/
Revenue
7.1B

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
CA
Shopify Inc
NYSE:SHOP
92.9B USD
50%
US
Snowflake Inc.
NYSE:SNOW
52.6B USD
68%
US
Cloudflare Inc
NYSE:NET
29.7B USD
76%
US
MongoDB Inc
NASDAQ:MDB
26.8B USD
75%
US
GoDaddy Inc
NYSE:GDDY
17.5B USD
63%
US
Verisign Inc
NASDAQ:VRSN
16.9B USD
87%
US
Okta Inc
NASDAQ:OKTA
15.8B USD
74%
US
Akamai Technologies Inc
NASDAQ:AKAM
14.9B USD
60%
US
Twilio Inc
NYSE:TWLO
11.2B USD
49%
US
Switch Inc
NYSE:SWCH
8.4B USD
38%
IL
Wix.Com Ltd
NASDAQ:WIX
6.8B USD
67%
Country CA
Market Cap 92.9B USD
Gross Margin
50%
Country US
Market Cap 52.6B USD
Gross Margin
68%
Country US
Market Cap 29.7B USD
Gross Margin
76%
Country US
Market Cap 26.8B USD
Gross Margin
75%
Country US
Market Cap 17.5B USD
Gross Margin
63%
Country US
Market Cap 16.9B USD
Gross Margin
87%
Country US
Market Cap 15.8B USD
Gross Margin
74%
Country US
Market Cap 14.9B USD
Gross Margin
60%
Country US
Market Cap 11.2B USD
Gross Margin
49%
Country US
Market Cap 8.4B USD
Gross Margin
38%
Country IL
Market Cap 6.8B USD
Gross Margin
67%

Profitability Report

View the profitability report to see the full profitability analysis for Shopify Inc.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
49.8%
=
Gross Profit
3.5B
/
Revenue
7.1B
What is the Gross Margin of Shopify Inc?

Based on Shopify Inc's most recent financial statements, the company has Gross Margin of 49.8%.