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 VYLR. With a market capitalization of $230.59B, it holds a leading position in the sector. When comparing efficiency, SHOP's gross margin of 47.67% stands against CTAS's 51.54% and VYLR's N/A. Such benchmarking helps identify whether Shopify Inc. is trading at a premium or discount relative to its financial performance.

Shopify's revenue growth is robust, with Q2 2026 revenue at $3.58 billion, a 33% year-over-year increase. The gross margin is healthy at 47.67%, and the company has shown strong free cash flow generation, with $654 million in Q2 2026, reflecting effective cash management.