Shopify Quarterly Cash Flow Statement
NASDAQ: SHOPTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Pre-market: 172.65 +1.05%
Shopify free cash flow
In the quarter ended Jun 30, 2026, Shopify generated $658.0 million of operating cash flow and spent $4.0 million on capital expenditures. That left free cash flow of $654.0 million, a free-cash-flow margin of 18.3% of revenue. Free cash flow was up 55.0% from the prior year's $422.0 million.
Shopify returned $1.42 billion to shareholders through share repurchases, equal to 217% of free cash flow.
Summary generated from market data by MetaCap's automated system. Methodology
Shopify cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.50B | -581.00M | 743.00M | 264.00M | 906.00M | -682.00M | 1.29B | 828.00M | 171.00M | -273.00M |
| Net Income growth (YoY) | +65.78% | — | -42.54% | -68.12% | +429.82% | — | — | — | — | — |
| Depreciation & Amortization | 7.00M | 7.00M | 7.00M | 8.00M | 8.00M | 8.00M | 8.00M | 8.00M | 10.00M | 10.00M |
| Stock-Based Compensation | 128.00M | 132.00M | 115.00M | 107.00M | 113.00M | 114.00M | 109.00M | 110.00M | 106.00M | 105.00M |
| Operating Cash Flow | 658.00M | 481.00M | 725.00M | 513.00M | 428.00M | 367.00M | 615.00M | 423.00M | 340.00M | 238.00M |
| Capital Expenditures | -4.00M | -5.00M | -10.00M | -6.00M | -6.00M | -4.00M | -4.00M | -2.00M | -7.00M | -6.00M |
| Investing Cash Flow | 571.00M | 310.00M | -654.00M | 335.00M | -252.00M | -619.00M | -661.00M | -474.00M | -424.00M | -27.00M |
| Share Repurchases | -1.42B | -491.00M | — | — | 0 | 0 | — | — | — | — |
| Financing Cash Flow | -1.42B | -485.00M | -938.00M | 24.00M | 44.00M | 59.00M | 49.00M | 6.00M | 3.00M | 3.00M |
| Net Change in Cash | -192.00M | 303.00M | -869.00M | 872.00M | 233.00M | -189.00M | -9.00M | -34.00M | -82.00M | 210.00M |
| Free Cash Flow | 654.00M | 476.00M | 715.00M | 507.00M | 422.00M | 363.00M | 611.00M | 421.00M | 333.00M | 232.00M |
This table shows 10 quarterly periods of Shopify's cash flow statement, from Q2 2026 back to Q1 2024, across 10 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow SHOP's reporting calendar. What is a cash flow statement?