Shopify () FCF conversion US GAAP (year values)

FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? CAGR 5 years ?
FCF conversion, % 15.1% 31.3% 628.5% 119.4% 130.3%   133.4%  
Changes by years, y/y, % -105pp +16pp +597pp -509pp +11pp     +1.7%

Shopify. FCF conversion, %

Shopify. FCF conversion, changes, pp

Shopify () FCF conversion US GAAP (quarter values)

FY2025Q2 FY2025Q3 FY2025Q4 FY2026Q1 FY2026Q2   LTM ?
FCF conversion, % 113.4% 160.4% 138.0% -75.9% -90.1%   133.4%
Changes by years, y/y, % 0pp +40pp +27pp -203pp -204pp    
Changes by quarters, q/q, % -13pp +47pp -22pp -214pp -14pp    

Shopify. FCF conversion, %

Shopify. FCF conversion, changes, pp

Shopify. FCF conversion, changes, pp