Shopify Inc
NYSE:SHOP

Watchlist Manager
Shopify Inc Logo
Shopify Inc
NYSE:SHOP
Watchlist
Price: 108.95 USD 1.76% Market Closed
Market Cap: 140.8B USD
Have any thoughts about
Shopify Inc?
Write Note

Gross Margin
Shopify Inc

50.9%
Current
51%
Average
46.6%
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
50.9%
=
Gross Profit
4.2B
/
Revenue
8.2B

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
CA
Shopify Inc
NYSE:SHOP
140.7B USD
51%
US
Snowflake Inc.
NYSE:SNOW
55.7B USD
67%
US
Cloudflare Inc
NYSE:NET
38.7B USD
78%
US
GoDaddy Inc
NYSE:GDDY
28.8B USD
64%
US
Verisign Inc
NASDAQ:VRSN
19.2B USD
88%
US
MongoDB Inc
NASDAQ:MDB
18.3B USD
74%
US
Twilio Inc
NYSE:TWLO
16.8B USD
51%
US
Akamai Technologies Inc
NASDAQ:AKAM
14.4B USD
60%
US
Okta Inc
NASDAQ:OKTA
14.3B USD
76%
IL
Wix.Com Ltd
NASDAQ:WIX
12.1B USD
68%
US
Switch Inc
F:821
7.7B EUR
38%
Country CA
Market Cap 140.7B USD
Gross Margin
51%
Country US
Market Cap 55.7B USD
Gross Margin
67%
Country US
Market Cap 38.7B USD
Gross Margin
78%
Country US
Market Cap 28.8B USD
Gross Margin
64%
Country US
Market Cap 19.2B USD
Gross Margin
88%
Country US
Market Cap 18.3B USD
Gross Margin
74%
Country US
Market Cap 16.8B USD
Gross Margin
51%
Country US
Market Cap 14.4B USD
Gross Margin
60%
Country US
Market Cap 14.3B USD
Gross Margin
76%
Country IL
Market Cap 12.1B USD
Gross Margin
68%
Country US
Market Cap 7.7B EUR
Gross Margin
38%
No Stocks Found

Shopify Inc
Glance View

Market Cap
140.7B USD
Industry
Technology
Economic Moat
Wide

In the bustling world of e-commerce, Shopify Inc. has carved out a distinctive niche, transforming how businesses operate online. Founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake, the company set out on a mission to simplify the process of selling goods on the internet. Shopify's unique approach lies in its comprehensive platform that offers entrepreneurs and large enterprises alike an access point to start, manage, and scale their businesses with ease. By providing an all-in-one suite of services—from customizable storefronts and payment processing to inventory management and marketing tools—Shopify eliminates many traditional barriers to entry for online retailers. The platform's flexibility and user-friendliness have been key drivers for its rapid adoption among a diverse range of businesses. Shopify's revenue model is primarily driven by subscription fees and merchant solutions. Businesses pay a monthly subscription fee to access its platform, offering tiered plans that cater to different sizes and needs, from small start-ups to large-scale enterprises. Beyond subscriptions, Shopify generates substantial income through its merchant solutions, which include payment processing fees from Shopify Payments, transaction fees from other payment gateways, and revenue from shipping and fulfillment services. This dual revenue stream not only allows Shopify to scale alongside its merchants but also aligns its success with theirs, creating a mutually beneficial ecosystem. As e-commerce continues to expand globally, Shopify remains at the forefront by continually enhancing its offerings and empowering a new generation of business owners.

SHOP Intrinsic Value
28.8 USD
Overvaluation 74%
Intrinsic Value
Price

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
50.9%
=
Gross Profit
4.2B
/
Revenue
8.2B
What is the Gross Margin of Shopify Inc?

Based on Shopify Inc's most recent financial statements, the company has Gross Margin of 50.9%.