Head to head · SEC data as of July 15, 2026

Shopify vs Amazon: which has the stronger fundamentals?

Shopify

85

Quality score · out of 100

Amazon

77

Quality score · out of 100

Shopify comes in ahead: a quality score of 85 versus 77 for Amazon. Shopify wins on cash generation (FCF) (17.1% vs -2.1%), revenue growth (31.6% vs 13.3%) and less debt (-1.1× vs 0.12×). Amazon answers with net margin (13.8% vs 10.8%) and ROE (23.2% vs 10.7%).

The metrics, head to head

MetricShopifyAmazon
Quality score (0-100)8577
Net margin10.8%13.8%
Gross margin48%
ROE10.7%23.2%
Net debt/EBITDA-1.1×0.12×
FCF margin17.1%-2.1%
Revenue growth (annualized)31.6%13.3%
Earnings growth (annualized)31.3%30.2%

TTM metrics with official SEC data, refreshed daily. Bold green marks the winner of each metric. A dash means the metric doesn't apply or isn't reliable.

What each one does

Shopify. Shopify is the platform millions of merchants use to run their online store: website, payments, shipping and financing in one place. It charges subscriptions and, above all, a small cut of each merchant sale — so it grows when they sell more.

Amazon. Amazon dominates e-commerce, but its profit comes mainly from AWS, the world's largest cloud-computing provider. It rounds out the business with advertising and its Prime subscription.

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What this comparison doesn't tell you

The score measures business quality, not whether the stock is cheap or expensive: the better company can be the worse investment if you overpay. For the valuation verdict, enter each one's current price in the analyzer:

Analyze Shopify →Analyze Amazon →

Frequently asked questions

Who has the stronger fundamentals today, Shopify or Amazon?

By the StockSemáforo model (profitability, growth and financial strength, built on official SEC data), Shopify scores higher: 85 versus 77 out of 100. The score is recomputed nightly with the latest filings.

Does that make Shopify the better investment?

No. The score measures business quality, not valuation: an excellent company can trade at an excessive price and be a poor investment at that price. To find out whether it's cheap or expensive, enter its current quote in the StockSemáforo analyzer.

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