| __timestamp | Applied Materials, Inc. | Shopify Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 3843000000 | 61795000 |
| Thursday, January 1, 2015 | 3952000000 | 111071000 |
| Friday, January 1, 2016 | 4511000000 | 209495000 |
| Sunday, January 1, 2017 | 6532000000 | 380253000 |
| Monday, January 1, 2018 | 7817000000 | 596267000 |
| Tuesday, January 1, 2019 | 6386000000 | 865643000 |
| Wednesday, January 1, 2020 | 7692000000 | 1541520000 |
| Friday, January 1, 2021 | 10914000000 | 2481144000 |
| Saturday, January 1, 2022 | 11993000000 | 2754119000 |
| Sunday, January 1, 2023 | 12384000000 | 3515000000 |
| Monday, January 1, 2024 | 12897000000 | 4472000000 |
Data in motion
In the ever-evolving landscape of technology and e-commerce, understanding financial performance is crucial. This analysis delves into the gross profit trends of two industry giants: Applied Materials, Inc. and Shopify Inc., from 2014 to 2023.
Applied Materials, a leader in materials engineering solutions, has shown a robust growth trajectory. From 2014 to 2023, its gross profit surged by over 230%, peaking at approximately $12.4 billion in 2023. This consistent upward trend underscores the company's strategic prowess in capitalizing on the semiconductor boom.
Shopify, a trailblazer in e-commerce platforms, exhibited an impressive growth rate of over 560% in gross profit from 2014 to 2023. Despite starting with a modest $61.8 million in 2014, Shopify's gross profit reached around $3.5 billion by 2023, reflecting its dominance in the digital commerce space.
While 2024 data for Shopify remains unavailable, both companies exemplify remarkable growth, albeit in distinct sectors.
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