SHOP Free Cash Flow
Operating cash flow less capital expenditures — the cash a business keeps after funding itself.
Free Cash Flow
Latest: $654M (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | $86M |
| 2023Q2 | $97M |
| 2023Q3 | $276M |
| 2023Q4 | $446M |
| 2024Q1 | $232M |
| 2024Q2 | $333M |
| 2024Q3 | $421M |
| 2024Q4 | $611M |
| 2025Q1 | $363M |
| 2025Q2 | $422M |
| 2025Q3 | $507M |
| 2025Q4 | $715M |
| 2026Q1 | $476M |
| 2026Q2 | $654M |
Other SHOP Charts
More quarter-by-quarter fundamentals for Shopify Inc.
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Revenue
EPS
Gross Margin
FCF Margin
P/E Ratio
Cumulative FCF
Shares Outstanding
Total Assets
Total Debt
Rule of 40
Enterprise SaaS Comparison
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Free Cash Flow
Free Cash Flow
Free Cash Flow
Latest Free Cash Flow: $654M (2026Q2); +55.0% YoY; +86.7% CAGR (3.25y).
Across the 14 quarters from 2023Q1 to 2026Q2, Free Cash Flow ranged from $86M in 2023Q1 to $715M in 2025Q4.