As of Q4'25, Shopify's latest data points show ROE at 5.5%, ROA at 4.9%, and ROIC at 8.3%. These figures indicate a positive return across all three profitability metrics at the end of the observed period. From Q1'23 to Q4'25, the chart reveals significant volatility in all metrics, with notable negative values in mid-2023 and early 2025, particularly for ROE and ROA. However, each metric demonstrates a recovery trend, especially from Q2'24 onward, culminating in their highest levels by Q4'25. This suggests improving operational efficiency and profitability for Shopify over the observed quarterly period.