Shopify Inc. SHOP.TO TSX

Shopify Inc. (SHOP.TO) generated $736.94M in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $10.17M, free cash flow was $726.77M.

Free cash flow margin was 19.5% of revenue. Cash conversion ratio was 0.98x, suggesting some earnings are non-cash.

Criteria supported by this page:

• HEALTH (100/100, Pass) — demonstrate the company can comfortably service its debt
• MOAT (79/100, Pass) — $726.77M (19.5% margin) supports a durable competitive advantage
• INCOME (55/100) — Cash conversion ratio was 0.98x suggests some earnings are non-cash items

Overall SharesGrow Score: 68/100 with 3/7 criteria passed.