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Shopify Inc.

SHOPNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 3, 2026Score 12/30
$156.22−1.27 (-0.81%)

Close on Nov 2, 2026Market cap $201.00BP/E 94.7Yield –

Shopify Free Cash Flow Margin (% of Total Revenue) by Quarter

Free Cash Flow Margin (% of Total Revenue) (%) (%)

QuarterlyAnnual

Shopify Free Cash Flow Margin (% of Total Revenue): 18.0% in Q2 2026, up 2.0 pts from a year earlier.

Latest, Q2 2026
18.0%
Period ended Jun 30, 2026
Change on a year earlier
+2.0 pts
16.0% in Q2 2025
History
11 quarters
Since Q4 2023
Sources
7
Documents cited below

Where the Q2 2026 figure comes from

“|| Free cash flow margin | 18 | % | 16 | %”

Source: Earnings Release (Form 8-K FY2026Q2) (filed 2026-08-05) ↗

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedFree Cash Flow Margin (% of Total Revenue) (%) (%)Year on yearSource
Q2 2026Jun 30, 202618.0%+2.0 ptsEarnings Release (Form 8-K FY2026Q2) (filed 2026-08-05) ↗
Q1 2026Mar 31, 202615.0%0.0 ptsEarnings Release (Form 8-K FY2026Q1) (filed 2026-05-05) ↗
Q4 2025Dec 31, 202519.0%-3.0 ptsEarnings Release (Form 8-K FY2025Q4) (filed 2026-02-11) ↗
Q3 2025Sep 30, 202518.0%-1.0 ptsEarnings Release (Form 8-K FY2025Q3) (filed 2025-11-04) ↗
Q2 2025Jun 30, 202516.0%0.0 ptsEarnings Release (Form 8-K FY2026Q2) (filed 2026-08-05) ↗
Q1 2025Mar 31, 202515.0%+3.0 ptsEarnings Release (Form 8-K FY2026Q1) (filed 2026-05-05) ↗
Q4 2024Dec 31, 202422.0%+1.0 ptsEarnings Release (Form 8-K FY2025Q4) (filed 2026-02-11) ↗
Q3 2024Sep 30, 202419.0%–Earnings Release (Form 8-K FY2025Q3) (filed 2025-11-04) ↗
Q2 2024Jun 30, 202416.0%–Earnings Release (Form 8-K FY2025Q2) (filed 2025-08-06) ↗
Q1 2024Mar 31, 202412.0%–Earnings Release (Form 8-K FY2025Q1) (filed 2025-05-08) ↗
Q4 2023Dec 31, 202321.0%–Form 6-K FY2024Q4 (filed 2025-02-11) ↗

Cite this data

StockData. (2026). Shopify Free Cash Flow Margin (% of Total Revenue) (%), quarterly Q4 2023–Q2 2026 [Data set]. Compiled from Shopify SEC filings and investor materials. https://stockdatahq.com/stocks/shop/kpis/free-cash-flow-margin-pct

See every metric in the Shopify KPI table. Data updated Oct 25, 2026.