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Shopify SHOP Cash Flow Statement

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
-$581M+14.8%$743M-42.5%$264M-68.1%$906M+430%-$682M-150%
$7M-12.5%$7M-12.5%$8M0.0%$8M-20.0%$8M-20.0%
$481M+31.1%$725M+17.9%$513M+21.3%$428M+25.9%$367M+54.2%
$5M+25.0%$10M+150%$6M+200%$6M-14.3%$4M-33.3%
$0-100%$0$0-100%$0-100%$56M
$310M+150%-$654M+1.1%$335M+171%-$252M+40.6%-$619M-2,193%
$491M$0
-$260.75M-$260.75M-$260.75M-$260.75M
-$485M-922%-$938M-2,014%$24M+300%$44M+1,367%$59M+1,867%
$303M+260%$872M+2,665%$233M+384%-$189M-190%
$476M+31.1%$715M+17.0%$507M+20.4%$422M+26.7%$363M+56.5%

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Questions, answered.

How much cash does Shopify generate?
Shopify (SHOP) generated $2.1B in operating cash flow over the trailing twelve months.
What is Shopify's free cash flow?
After $27.0M of capital expenditures, Shopify's free cash flow was $2.1B over the trailing twelve months, up 22.7% year over year.
Where does Shopify's cash flow data come from?
Every line is extracted from Shopify's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.