Growth Metrics

Shopify (SHOP) Cash from Operations (2014 - 2026)

Shopify's quarterly Cash from Operations came in at 481000000.0 in Q1 2026, up 31.06% year-on-year from 367000000.0 in Q1 2025, and down 33.66% quarter-over-quarter from 725000000.0 in Q4 2025.

Shopify has reported Cash from Operations for 13 years, with the latest figure at 481000000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Cash from Operations rose 31.06% year-over-year to 481000000.0; the trailing twelve-month figure through Mar 2026 stood at 2147000000.0 (up 23.04% YoY), and the FY2025 full-year result was 2033000000.0, up 25.8% from the prior year.
  • Cash from Operations for Q1 2026 stood at 481000000.0, down from 725000000.0 in the prior quarter.
  • The five-year high for Cash from Operations was 725000000.0 in Q4 2025, with the low at 164164971.62 in Q3 2022.
  • Average Cash from Operations over 5 years is 281401912.18, with a median of 340000000.0 recorded in 2024.
  • Year-over-year, Cash from Operations plunged 593.6% in 2022 and jumped 286.71% in 2023.
  • Tracing SHOP's Cash from Operations over 5 years: stood at 188142880.33 in 2022, then sank by 37.28% to 118000000.0 in 2023, then soared by 421.19% to 615000000.0 in 2024, then climbed by 17.89% to 725000000.0 in 2025, then slumped by 33.66% to 481000000.0 in 2026.
  • The last three Cash from Operations figures came in at 481000000.0 (Q1 2026), 725000000.0 (Q4 2025), and 513000000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 4.11 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 5.46 Bn
3 Uber Technologies 147.39 Bn 146.35 Bn 11.88 Bn 2.35 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 481.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 1.67 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 355.78 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 2.96 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 2.24 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 5.30 Bn
10 Datadog 78.54 Bn 73.78 Bn 797.20 Mn 334.62 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 481.00 Mn
Mar 31, 2026 481.00 Mn
Dec 31, 2025 725.00 Mn
Dec 31, 2025 725.00 Mn
Sep 30, 2025 513.00 Mn
Sep 30, 2025 513.00 Mn
Jun 30, 2025 428.00 Mn
Jun 30, 2025 428.00 Mn
Mar 31, 2025 367.00 Mn
Mar 31, 2025 367.00 Mn
Dec 31, 2024 615.00 Mn
Dec 31, 2024 615.00 Mn
Sep 30, 2024 423.00 Mn
Sep 30, 2024 423.00 Mn
Jun 30, 2024 340.00 Mn
Jun 30, 2024 340.00 Mn
Mar 31, 2024 238.00 Mn
Mar 31, 2024 238.00 Mn
Jun 30, 2023 118.00 Mn
Jun 30, 2023 118.00 Mn
Mar 31, 2023 100.00 Mn
Mar 31, 2023 100.00 Mn
Dec 31, 2022 188.14 Mn
Dec 31, 2022 188.14 Mn
Sep 30, 2022 -164.16 Mn
Sep 30, 2022 -164.16 Mn
Jun 30, 2022 -97.39 Mn
Jun 30, 2022 -97.39 Mn
Mar 31, 2022 -53.56 Mn
Mar 31, 2022 -53.56 Mn
Dec 31, 2021 231.45 Mn
Dec 31, 2021 231.45 Mn
Sep 30, 2021 33.26 Mn
Sep 30, 2021 33.26 Mn
Jun 30, 2021 54.04 Mn
Jun 30, 2021 54.04 Mn
Mar 31, 2021 107.20 Mn
Mar 31, 2021 107.20 Mn
Dec 31, 2020 188.21 Mn
Dec 31, 2020 188.21 Mn
Sep 30, 2020 67.06 Mn
Sep 30, 2020 67.06 Mn
Jun 30, 2020 126.35 Mn
Jun 30, 2020 126.35 Mn
Mar 31, 2020 -63.37 Mn
Mar 31, 2020 -63.37 Mn
Dec 31, 2019 40.06 Mn
Dec 31, 2019 40.06 Mn
Sep 30, 2019 -22.48 Mn
Sep 30, 2019 -22.48 Mn
Jun 30, 2019 17.23 Mn
Jun 30, 2019 17.23 Mn
Mar 31, 2019 18.31 Mn
Mar 31, 2019 18.31 Mn
Dec 31, 2018 7.01 Mn
Dec 31, 2018 7.01 Mn
Sep 30, 2018 2.19 Mn
Sep 30, 2018 2.19 Mn
Jun 30, 2018 -714,696.61
Jun 30, 2018 -714,696.61
Mar 31, 2018 -1.48 Mn
Mar 31, 2018 -1.48 Mn
Dec 31, 2017 14.95 Mn
Dec 31, 2017 14.95 Mn
Sep 30, 2017 -4.97 Mn
Sep 30, 2017 -4.97 Mn
Jun 30, 2017 -6.59 Mn
Jun 30, 2017 -6.59 Mn
Mar 31, 2017 3.02 Mn
Mar 31, 2017 3.02 Mn
Dec 31, 2016 5.03 Mn
Dec 31, 2016 5.03 Mn
Jun 30, 2016 5.55 Mn
Jun 30, 2016 5.55 Mn
Mar 31, 2016 655,000.00
Mar 31, 2016 655,000.00
Dec 31, 2015 4.96 Mn
Dec 31, 2015 4.96 Mn
Sep 30, 2015 133,000.00
Sep 30, 2015 133,000.00
Jun 30, 2015 6.70 Mn
Jun 30, 2015 6.70 Mn
Mar 31, 2015 3.97 Mn
Mar 31, 2015 3.97 Mn
Dec 31, 2014 4.37 Mn
Dec 31, 2014 4.37 Mn
Sep 30, 2014 -1.78 Mn
Sep 30, 2014 -1.78 Mn