Shopify (SHOP) Free Cash Flow (2014 - 2026)

Shopify has reported Free Cash Flow for 13 years, with the latest figure at $476.0 million in Q1 2026.

• For the quarter ending Q1 2026, Free Cash Flow rose 31.13% year-over-year to $476.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.1 billion (up 22.69% YoY), and the FY2025 full-year result was $2.0 billion, up 25.67% from the prior year.
• Free Cash Flow for Q1 2026 stood at $476.0 million, down from $715.0 million in the prior quarter.
• The five-year high for Free Cash Flow was $715.0 million in Q4 2025, with the low at -$153.5 million in Q3 2022.
• Average Free Cash Flow over 5 years is $283.7 million, with a median of $333.0 million recorded in 2024.
• Year-over-year, Free Cash Flow slumped 463.02% in 2022 and jumped 483.84% in 2023.
• Tracing SHOP's Free Cash Flow over 5 years: stood at $193.8 million in 2022, then fell by 28.26% to $139.0 million in 2023, then soared by 339.57% to $611.0 million in 2024, then advanced by 17.02% to $715.0 million in 2025, then tumbled by 33.43% to $476.0 million in 2026.
• The last three Free Cash Flow figures came in at $476.0 million (Q1 2026), $715.0 million (Q4 2025), and $507.0 million (Q3 2025), per Business Quant data.

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