Shopify Inc (SHOP) — Cash Flow Quality Index
Shopify Inc (SHOP) has a Cash Flow Quality Index of 1.94x as of September 2025. Operating cash flow of $513.00 Million exceeds net income of $264.00 Million, indicating high earnings quality where cash backs reported profits. Explore Shopify Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shopify Inc Cash Flow Quality Index (2020–2024)
Historical Cash Flow Quality Index for Shopify Inc across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Shopify Inc's equity to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Shopify Inc (2020–2024)
Year-by-year earnings quality comparison for Shopify Inc. For live market cap and the full company financial profile, see Shopify Inc market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.80x | $1.62 Billion | $2.02 Billion | ▼ -88.8% |
| 2023 | 7.15x | $944.00 Million | $132.00 Million | ▲ +3790.9% |
| 2021 | 0.18x | $535.71 Million | $2.91 Billion | ▼ -86.2% |
| 2020 | 1.33x | $424.96 Million | $319.51 Million | — |