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SHOPIFY INC. Free Cash Flow 2013-2026 | SHOP

Annual FY2013–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$2.01B

+25.7%YoY vs FY2024Source: 10-KFY2025

From −$2.1M in FY2013 to $2.01B in FY2025.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$476M+31.1%Not reportedNot reportedNot reported
FY25$363M+56.5%$422M+26.7%$507M+20.4%$715M+17.0%
FY24$232M$333M$421M$611M
Share16%21%26%37%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+39.3%

FY2020
$383.2M
FY2025
$2.01B

5 years selected · on the chart

Free Cash Flow History

Year-over-year comparison from 10-K annual reports

  1. $2.01B
YoY changeLargest recent move+76.5%in FY24Latest +25.7%

5 older moves run past ±150% (largest +2665.8%); point at, tap or drag across the bars to read one.

Free Cash Flow, period by period

PeriodValueChangeSource
FY2025$2.01B+25.7%10-K
FY2024$1.60B+76.5%10-K
FY2023$905.0M+586.6%10-K
FY2022−$186.0M−138.4%10-K
FY2021$484.9M+26.5%10-K
FY2020$383.2M+2665.8%10-K
FY2019$13.9M+174.4%10-K
FY2018−$18.6M−53.4%10-K
FY2017−$12.1M−24.5%10-K
FY2016−$9.8M−1168.7%10-K
FY2015−$769,000+96.4%10-K
FY2014−$21.4M−934.6%10-K
FY2013−$2.1M—10-K

What is SHOPIFY INC.'s current free cash flow?

SHOPIFY INC. (SHOP) annual free cash flow for 2025 was $2.01B, a 25.67% increase from 2024. SHOPIFY INC. free cash flow for the quarter ending March 31, 2026 was $476.0M.

What was SHOPIFY INC.'s free cash flow in 2024?

SHOPIFY INC. annual free cash flow for 2024 was $1.60B, a 76.46% increase from 2023.

What was SHOPIFY INC.'s free cash flow in 2023?

SHOPIFY INC. annual free cash flow for 2023 was $905.0M, a 586.56% increase from 2022.

What is SHOPIFY INC.'s 5-year free cash flow CAGR?

SHOPIFY INC. free cash flow grew at a compound annual growth rate (CAGR) of 39.26% from FY2020 to FY2025, going from $383.2M to $2.01B over 5 years.

Company
SHOPIFY INC.
Ticker
SHOP
Sector
Technology
Industry
Services-Prepackaged Software