Shopify Inc (SHOP) — Cash Flow Quality Index
Shopify Inc (SHOP) has a Cash Flow Quality Index of 0.98x as of December 2025. Operating cash flow of CA$736.94 Million is below net income of CA$754.42 Million, suggesting accrual-heavy earnings not yet converted to cash. 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 (2020–2025)
Historical Cash Flow Quality Index for Shopify Inc across 5 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 (2020–2025)
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 (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.65x | CA$2.07 Billion | CA$1.25 Billion | ▲ +106.3% |
| 2024 | 0.80x | CA$1.62 Billion | CA$2.02 Billion | ▼ -88.8% |
| 2023 | 7.15x | CA$944.00 Million | CA$132.00 Million | ▲ +4032.3% |
| 2021 | 0.17x | CA$504.43 Million | CA$2.91 Billion | ▼ -87.0% |
| 2020 | 1.33x | CA$424.96 Million | CA$319.51 Million | — |