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 cash conversion from operations to assess how effectively this company generates cash.
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 cash flow reinvestment rate of Shopify Inc to assess the company's total reinvestment commitment from operating cash flow.
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 SHOP company net worth.
| 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 | — |