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Shopify Inc
NYSE:SHOP

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Shopify Inc
NYSE:SHOP
Watchlist
Price: 72.18 USD 2.53% Market Closed
Updated: May 2, 2024

Operating Margin
Shopify Inc

-1.1%
Current
-2%
Average
2.9%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
-1.1%
=
Operating Profit
-78m
/
Revenue
7.1B

Operating Margin Across Competitors

Country Company Market Cap Operating
Margin
CA
Shopify Inc
NYSE:SHOP
92.9B USD
-1%
US
Snowflake Inc.
NYSE:SNOW
52.6B USD
-39%
US
Cloudflare Inc
NYSE:NET
29.7B USD
-14%
US
MongoDB Inc
NASDAQ:MDB
26.8B USD
-14%
US
GoDaddy Inc
NYSE:GDDY
17.5B USD
15%
US
Verisign Inc
NASDAQ:VRSN
16.9B USD
67%
US
Okta Inc
NASDAQ:OKTA
15.8B USD
-20%
US
Akamai Technologies Inc
NASDAQ:AKAM
14.9B USD
20%
US
Twilio Inc
NYSE:TWLO
11.2B USD
-9%
US
Switch Inc
NYSE:SWCH
8.4B USD
14%
IL
Wix.Com Ltd
NASDAQ:WIX
6.8B USD
1%
Country CA
Market Cap 92.9B USD
Operating Margin
-1%
Country US
Market Cap 52.6B USD
Operating Margin
-39%
Country US
Market Cap 29.7B USD
Operating Margin
-14%
Country US
Market Cap 26.8B USD
Operating Margin
-14%
Country US
Market Cap 17.5B USD
Operating Margin
15%
Country US
Market Cap 16.9B USD
Operating Margin
67%
Country US
Market Cap 15.8B USD
Operating Margin
-20%
Country US
Market Cap 14.9B USD
Operating Margin
20%
Country US
Market Cap 11.2B USD
Operating Margin
-9%
Country US
Market Cap 8.4B USD
Operating Margin
14%
Country IL
Market Cap 6.8B USD
Operating Margin
1%

Profitability Report

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

See Also

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What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
-1.1%
=
Operating Profit
-78m
/
Revenue
7.1B
What is the Operating Margin of Shopify Inc?

Based on Shopify Inc's most recent financial statements, the company has Operating Margin of -1.1%.