Shopify Inc
NYSE:SHOP

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Shopify Inc
NYSE:SHOP
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Price: 78.44 USD -0.7% Market Closed
Market Cap: 101.2B USD
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Gross Margin
Shopify Inc

51.1%
Current
51%
Average
46.7%
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
51.1%
=
Gross Profit
4B
/
Revenue
7.8B

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
CA
Shopify Inc
NYSE:SHOP
101.2B USD
51%
US
Snowflake Inc.
NYSE:SNOW
38.1B USD
68%
US
Cloudflare Inc
NYSE:NET
29.5B USD
77%
US
GoDaddy Inc
NYSE:GDDY
23.2B USD
64%
US
MongoDB Inc
NASDAQ:MDB
19.8B USD
74%
US
Verisign Inc
NASDAQ:VRSN
17.1B USD
88%
US
Akamai Technologies Inc
NASDAQ:AKAM
15.2B USD
60%
US
Twilio Inc
NYSE:TWLO
13.6B USD
51%
US
Okta Inc
NASDAQ:OKTA
12.4B USD
76%
IL
Wix.Com Ltd
NASDAQ:WIX
9B USD
68%
US
Switch Inc
F:821
7.7B EUR
38%
Country CA
Market Cap 101.2B USD
Gross Margin
51%
Country US
Market Cap 38.1B USD
Gross Margin
68%
Country US
Market Cap 29.5B USD
Gross Margin
77%
Country US
Market Cap 23.2B USD
Gross Margin
64%
Country US
Market Cap 19.8B USD
Gross Margin
74%
Country US
Market Cap 17.1B USD
Gross Margin
88%
Country US
Market Cap 15.2B USD
Gross Margin
60%
Country US
Market Cap 13.6B USD
Gross Margin
51%
Country US
Market Cap 12.4B USD
Gross Margin
76%
Country IL
Market Cap 9B USD
Gross Margin
68%
Country US
Market Cap 7.7B EUR
Gross Margin
38%

Profitability Report

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

See Also

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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
51.1%
=
Gross Profit
4B
/
Revenue
7.8B
What is the Gross Margin of Shopify Inc?

Based on Shopify Inc's most recent financial statements, the company has Gross Margin of 51.1%.