stockrowShopify Inc.
SHOP Technology Software Application
Shopify Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.6 billion, up 30.1% from fiscal 2024.
- Revenue
- +31.6%
- EPS
- +79.5%
- Free cash flow
- +61.0%
- Total debt
- −81.7%
Quarter to September 2026, against a year earlier
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Shopify Inc. (SHOP) Operating cash flow
Shopify Inc.'s operating cash flow for fiscal 2025 was $2.0B, up 25.8% from $1.6B in fiscal 2024. Over the twelve months to 30 September 2026 it was $2.7B. Over the past ten years it has ranged from −$136.0M (fiscal 2022) to $2.0B (fiscal 2025) — the current reading is the highest in ten years. Operating cash flow has risen for 3 consecutive fiscal years. Shopify Inc. ranks 10th of 222 Software Application companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $2.0B | 25.80% |
| FY2024 | $1.6B | 71.19% |
| FY2023 | $944.0M | — |
| FY2022 | −$136.0M | — |
| FY2021 | $535.7M | 26.06% |
| FY2020 | $425.0M | 501.80% |
| FY2019 | $70.6M | 657.35% |
| FY2018 | $9.3M | 18.01% |
| FY2017 | $7.9M | (43.63%) |
| FY2016 | $14.0M | (11.04%) |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Sep 2026 | $818.0M | 24.32% |
| Jun 2026 | $658.0M | 36.80% |
| Mar 2026 | $481.0M | (33.66%) |
| Dec 2025 | $725.0M | 41.33% |
| 43 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| CRM Salesforce, Inc. compare | $15.8B |
| SAP SAP SE compare | $11.1B |
| ADBE Adobe Inc. compare | $10.8B |
| UBER Uber Technologies, Inc. compare | $10.7B |
| INTU Intuit Inc. compare | $8.8B |
| ADP Automatic Data Processing, Inc. compare | $5.4B |
| NOW ServiceNow, Inc. compare | $5.3B |
| SHOP Shopify Inc. | $2.7B |
| SNOW Snowflake Inc. compare | $1.3B |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
More on SHOP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement