Shopify (SHOP) Net Cash Flow (2024 - 2026)
Shopify (SHOP) posted quarterly Net Cash Flow of $306.0 million for Q1 2026, up 258.55% year-over-year from $85.3 million in Q1 2025, and up 135.29% quarter-over-quarter from -$867.0 million in Q4 2025.
Shopify (SHOP) Net Cash Flow (2024 - 2026) Analysis & Trends
Shopify's Net Cash Flow history runs 3 years deep, the most recent figure standing at $306.0 million for Q1 2026.
- In Q1 2026, Net Cash Flow rose 258.55% year-over-year to $306.0 million; the TTM figure through Mar 2026 stood at $531.0 million (up 268.04% YoY), while the FY2025 annual figure was $32.0 million, down 64.84% from the prior year.
- Net Cash Flow for Q1 2026 stood at $306.0 million, up from -$867.0 million in the prior quarter.
- The five-year high for Net Cash Flow was $872.0 million in Q3 2025, with the low at -$867.0 million in Q4 2025.
- The 3-year median for Net Cash Flow is $3.0 million (2024), against an average of $47.7 million.
- Peak annual rise in Net Cash Flow reached 2037.78% in 2025, while the deepest fall reached 29000.0% in 2025.
- Shopify's Net Cash Flow stood at $3.0 million in 2024, then plunged by 29000.0% to -$867.0 million in 2025, then jumped by 135.29% to $306.0 million in 2026.
- Business Quant data shows SHOP's Net Cash Flow at $306.0 million in Q1 2026, -$867.0 million in Q4 2025, and $872.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 2.56 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | -188.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 1.60 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | -987.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | -193.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -732.80 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -1.95 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | -1.40 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 5.13 Bn |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 7.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -188.00 Mn |
| Jun 30, 2026 | -188.00 Mn |
| Mar 31, 2026 | 306.00 Mn |
| Mar 31, 2026 | 306.00 Mn |
| Dec 31, 2025 | -867.00 Mn |
| Dec 31, 2025 | -867.00 Mn |
| Sep 30, 2025 | 872.00 Mn |
| Sep 30, 2025 | 872.00 Mn |
| Jun 30, 2025 | 220.00 Mn |
| Jun 30, 2025 | 220.00 Mn |
| Mar 31, 2025 | -193.00 Mn |
| Mar 31, 2025 | -193.00 Mn |
| Dec 31, 2024 | 3.00 Mn |
| Dec 31, 2024 | 3.00 Mn |
| Sep 30, 2024 | -45.00 Mn |
| Sep 30, 2024 | -45.00 Mn |
| Jun 30, 2024 | -81.00 Mn |
| Jun 30, 2024 | -81.00 Mn |
| Mar 31, 2024 | 214.00 Mn |
| Mar 31, 2024 | 214.00 Mn |