Annual Gross Margin
49.79%
+0.61%+1.24%
December 31, 2023
Summary
- As of February 7, 2025, SHOP annual gross profit margin is 49.79%, with the most recent change of +0.61% (+1.24%) on December 31, 2023.
- During the last 3 years, SHOP annual gross margin has fallen by -2.83% (-5.38%).
- SHOP annual gross margin is now -37.65% below its all-time high of 79.86%, reached on December 31, 2012.
Performance
SHOP Gross Margin Chart
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High & Low
Earnings dates
Quarterly Gross Margin
51.71%
+0.61%+1.19%
September 30, 2024
Summary
- As of February 7, 2025, SHOP quarterly gross profit margin is 51.71%, with the most recent change of +0.61% (+1.19%) on September 30, 2024.
- Over the past year, SHOP quarterly gross margin has dropped by -0.86% (-1.64%).
- SHOP quarterly gross margin is now -16.35% below its all-time high of 61.82%, reached on March 31, 2014.
Performance
SHOP Quarterly Gross Margin Chart
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Gross Margin Formula
Gross Margin = Gross Profit
Revenue ✕ 100%
Revenue ✕ 100%
SHOP Gross Margin Trends
| PeriodPeriod | AnnualAnnual | QuarterlyQuarterly |
|---|---|---|
| 1 y1 year | +1.2% | -1.6% |
| 3 y3 years | -5.4% | -1.6% |
| 5 y5 years | -10.4% | -1.6% |
SHOP Gross Margin Highs & Lows
| PeriodPeriod | Annual vs highAnnual vs high | Annual vs lowAnnual vs low | Quarter. vs highQuarter. vs high | Quarter. vs lowQuarter. vs low | |
|---|---|---|---|---|---|
| 3 y | 3-year | -7.5% | +1.2% | -2.4% | +12.4% |
| 5 y | 5-year | -9.2% | +1.2% | -8.5% | +12.4% |
| alltime | all time | -37.6% | +1.2% | -16.4% | +12.4% |
Shopify Gross Margin History
| Date | Annual | Quarterly |
|---|---|---|
| Sep 2024 | - | 51.71%(+1.2%) |
| Jun 2024 | - | 51.10%(-0.6%) |
| Mar 2024 | - | 51.42%(+3.8%) |
| Dec 2023 | 49.79%(+1.2%) | 49.53%(-5.8%) |
| Sep 2023 | - | 52.57%(+6.7%) |
| Jun 2023 | - | 49.29%(+3.7%) |
| Mar 2023 | - | 47.55%(+3.4%) |
| Dec 2022 | 49.18%(-8.6%) | 45.99%(-5.1%) |
| Sep 2022 | - | 48.46%(-4.3%) |
| Jun 2022 | - | 50.66%(-4.4%) |
| Mar 2022 | - | 52.99%(+5.6%) |
| Dec 2021 | 53.80%(+2.2%) | 50.19%(-7.4%) |
| Sep 2021 | - | 54.19%(-2.3%) |
| Jun 2021 | - | 55.46%(-1.9%) |
| Mar 2021 | - | 56.51%(+9.5%) |
| Dec 2020 | 52.62%(-4.1%) | 51.59%(-2.3%) |
| Sep 2020 | - | 52.79%(+0.6%) |
| Jun 2020 | - | 52.50%(-4.0%) |
| Mar 2020 | - | 54.67%(+4.7%) |
| Dec 2019 | 54.85% | 52.24%(-5.8%) |
| Sep 2019 | - | 55.48%(-1.9%) |
| Jun 2019 | - | 56.57%(+0.6%) |
| Date | Annual | Quarterly |
|---|---|---|
| Mar 2019 | - | 56.26%(+4.1%) |
| Dec 2018 | 55.56%(-1.6%) | 54.02%(-2.6%) |
| Sep 2018 | - | 55.44%(-0.8%) |
| Jun 2018 | - | 55.91%(-3.2%) |
| Mar 2018 | - | 57.78%(+6.3%) |
| Dec 2017 | 56.48%(+5.0%) | 54.37%(-6.8%) |
| Sep 2017 | - | 58.34%(+1.9%) |
| Jun 2017 | - | 57.26%(+1.0%) |
| Mar 2017 | - | 56.71%(+8.5%) |
| Dec 2016 | 53.81%(-2.5%) | 52.26%(-3.2%) |
| Sep 2016 | - | 53.98%(-1.6%) |
| Jun 2016 | - | 54.85%(-0.5%) |
| Mar 2016 | - | 55.12%(+2.6%) |
| Dec 2015 | 55.18%(-6.2%) | 53.72%(-1.3%) |
| Sep 2015 | - | 54.45%(-3.1%) |
| Jun 2015 | - | 56.21%(-2.6%) |
| Mar 2015 | - | 57.74%(+3.6%) |
| Dec 2014 | 58.84%(-19.5%) | 55.75%(-6.1%) |
| Sep 2014 | - | 59.38%(-1.8%) |
| Jun 2014 | - | 60.45%(-2.2%) |
| Mar 2014 | - | 61.82% |
| Dec 2013 | 73.11%(-8.5%) | - |
| Dec 2012 | 79.86% | - |
FAQ
- What is Shopify annual gross profit margin?
- What is the all time high annual gross margin for Shopify?
- What is Shopify annual gross margin year-on-year change?
- What is Shopify quarterly gross profit margin?
- What is the all time high quarterly gross margin for Shopify?
- What is Shopify quarterly gross margin year-on-year change?
What is Shopify annual gross profit margin?
The current annual gross margin of SHOP is 49.79%
What is the all time high annual gross margin for Shopify?
Shopify all-time high annual gross profit margin is 79.86%
What is Shopify annual gross margin year-on-year change?
Over the past year, SHOP annual gross profit margin has changed by +0.61% (+1.24%)
What is Shopify quarterly gross profit margin?
The current quarterly gross margin of SHOP is 51.71%
What is the all time high quarterly gross margin for Shopify?
Shopify all-time high quarterly gross profit margin is 61.82%
What is Shopify quarterly gross margin year-on-year change?
Over the past year, SHOP quarterly gross profit margin has changed by -0.86% (-1.64%)