Shopify Inc (SHOP) FinancialsSHOPShopify Inc

Evaluating the bottom line, Shopify Inc. maintains a gross margin of 47.67%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 13.62%, while the net margin is 41.92%. These profitability ratios, combined with a Return on Equity (ROE) of 15.54%, provide a clear picture of how effectively SHOP converts its operational activities into shareholder value.

In the context of the broader market, SHOP competes directly with industry leaders such as CTAS and XYZ. With a market capitalization of $198.55B, it holds a leading position in the sector. When comparing efficiency, SHOP's gross margin of 47.67% stands against CTAS's 50.95% and XYZ's 47.32%. Such benchmarking helps identify whether Shopify Inc. is trading at a premium or discount relative to its financial performance.

Shopify has demonstrated solid revenue growth, with Q2 2026 revenue reaching $3.583 billion and a gross margin of 47.67%. The company has also achieved over 30% gross merchandise volume growth for five consecutive quarters, indicating strong operational performance.