Growth Metrics

Shopify (SHOP) Free Cash Flow (2024 - 2025)

Shopify has reported Free Cash Flow over the past 2 years, most recently at $715.0 million for Q4 2025.

  • Quarterly results put Free Cash Flow at $715.0 million for Q4 2025, up 17.02% from a year ago — trailing twelve months through Dec 2025 was $2.0 billion (up 25.67% YoY), and the annual figure for FY2025 was $2.0 billion, up 25.67%.
  • Free Cash Flow for Q4 2025 was $715.0 million at Shopify, up from $507.0 million in the prior quarter.
  • Over the last five years, Free Cash Flow for SHOP hit a ceiling of $715.0 million in Q4 2025 and a floor of $232.0 million in Q1 2024.