Shopify Inc.SHOPNYSE
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Operating Margin Over TimeStrong
Percentile Rank100
5Y CAGR+32.8%
Studio
Year-over-Year Change

Operating income as a percentage of revenue

5Y CAGR
+32.8%/yr
Long-term compound
Percentile
P100
Near historical high
vs 5Y Ago
4.1x
Strong expansion
Streak
2 yr
Consecutive growthStrong
PeriodValueYoY Change
202512.70%+4.9%
202412.11%+160.3%
2023-20.08%-36.8%
2022-14.68%-352.0%
20215.83%+89.3%
20203.08%+134.4%
2019-8.94%-4.4%
2018-8.56%-17.3%
2017-7.30%+23.5%
2016-9.55%-