Shopify Inc. (SHOP) Free Cash Flow CAGR:23.16%(TTM)
The free cash flow cagr for Shopify Inc. (SHOP) is +23.16% over the latest trailing 12-month period. Free cash flow CAGR uses precomputed cash-flow statement history.
The free cash flow cagr for Shopify Inc. (SHOP) stock is 23.16% over the past 12 months. The 3 year average growth rate is 178.20% and the 5 year cagr is 28.17%. Free cash flow CAGR measures how Shopify Inc.'s cash generation has grown. FCF represents the cash available for dividends, buybacks, debt reduction, or reinvestment.
SHOP Free Cash Flow CAGR Chart
Shopify Inc. (SHOP)
SHOP Free Cash Flow CAGR History
| Year | Start FCF | End FCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $1.60B | $2.01B | +$410.00M | +25.67% | +25.67% |
| 2024 | $905.00M | $1.60B | +$692.00M | +76.46% | +76.46% |
| 2023 | $-186.00M | $905.00M | +$1.09B | +0.00% | N/A |
| 2022 | $484.92M | $-186.00M | $-670.92M | -138.36% | N/A |
| 2021 | $382.96M | $484.92M | +$101.96M | +26.62% | +26.62% |
| 2020 | $8.22M | $382.96M | +$374.75M | +4560.05% | +4560.05% |
| 2019 | $-32.22M | $8.22M | +$40.44M | +0.00% | N/A |
| 2018 | $-16.36M | $-32.22M | $-15.86M | +0.00% | N/A |
| 2017 | $-12.22M | $-16.36M | $-4.14M | +0.00% | N/A |
| 2016 | $-5.28M | $-12.22M | $-6.94M | +0.00% | N/A |
| 2015 | $-23.50M | $-5.28M | +$18.22M | +0.00% | N/A |
| 2014 | $-3.11M | $-23.50M | $-20.39M | +0.00% | N/A |
| 2013 | $25.00K | $-3.11M | $-3.13M | -12532.00% | N/A |
Quarterly Free Cash Flow — QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $476.00M | -33.4% | +31.1% |
| Q4 2025 | $715.00M | +41.0% | +17.0% |
| Q3 2025 | $507.00M | +17.9% | +20.4% |
| Q2 2025 | $429.94M | +18.4% | +29.1% |
| Q1 2025 | $363.00M | -40.6% | +56.5% |
| Q4 2024 | $611.00M | +45.1% | +37.0% |
| Q3 2024 | $421.00M | +26.4% | +52.5% |
| Q2 2024 | $333.00M | +43.5% | +243.3% |
| Q1 2024 | $232.00M | -48.0% | +169.8% |
| Q4 2023 | $446.00M | +61.6% | +80.0% |
| Q3 2023 | $276.00M | +184.5% | +286.5% |
| Q2 2023 | $97.00M | +12.8% | +211.5% |
| Q1 2023 | $86.00M | -65.3% | +309.8% |
| Q4 2022 | $247.76M | +267.4% | +5.7% |
| Q3 2022 | -$148.00M | -70.1% | -585.2% |
| Q2 2022 | -$87.00M | -112.2% | -249.6% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
About Shopify Inc.
Shopify Inc. functions as a premier commerce technology company, providing an extensive platform and associated services to empower businesses worldwide. Its reach extends across Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific region, and Latin America. The company's robust platform equips merchants to effectively display, organize, market, and sell their merchandise through a multitude of sales avenues. These include digital storefronts accessible via web and mobile, traditional brick-and-mortar stores, temporary pop-up locations, integrated social media channels, proprietary mobile applications, embeddable "buy buttons," and established online marketplaces. Beyond sales, the platform streamlines crucial business operations such as product and inventory management, order and payment processing, fulfillment and shipping logistics, attracting new customers and fostering client relationships, product sourcing, analytical reporting, financial administration encompassing cash, payments, and transactions, and facilitating access to working capital. Additionally, Shopify offers supplementary services like the sale of custom website themes and applications, alongside domain name registration. Its merchant-focused solutions also cover payment acceptance, efficient shipping and order fulfillment, and aid in securing necessary operating funds. Founded in 2004 under the initial name Jaded Pixel Technologies Inc., the company officially rebranded to Shopify Inc. in November 2011. Its global headquarters are located in Ottawa, Canada.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Tobias Lutke