Breaking Down Revenue Trends: SAP SE vs Shopify Inc.

SAP vs Shopify: A Decade of Revenue Growth

__timestampSAP SEShopify Inc.
Wednesday, January 1, 201417561000000105018000
Thursday, January 1, 201520793000000205233000
Friday, January 1, 201622062000000389330000
Sunday, January 1, 201723460000000673304000
Monday, January 1, 2018247080000001073229000
Tuesday, January 1, 2019275530000001578173000
Wednesday, January 1, 2020273380000002929491000
Friday, January 1, 2021278400000004611856000
Saturday, January 1, 2022308720000005599864000
Sunday, January 1, 2023312070000007060000000
Monday, January 1, 2024341760000008880000000
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Infusing magic into the data realm

Revenue Trends: SAP SE vs Shopify Inc.

In the ever-evolving landscape of global business, SAP SE and Shopify Inc. have emerged as key players, each carving out a unique niche. Over the past decade, SAP SE, a titan in enterprise software, has consistently demonstrated robust growth, with revenues increasing by approximately 78% from 2014 to 2023. In contrast, Shopify Inc., a leader in e-commerce solutions, has experienced a meteoric rise, with revenues skyrocketing by over 6,600% during the same period.

A Decade of Growth

SAP SE's steady climb reflects its stronghold in the enterprise market, while Shopify's explosive growth underscores the burgeoning demand for e-commerce platforms. By 2023, Shopify's revenue reached nearly 23% of SAP's, a significant leap from just 0.6% in 2014. This data highlights the dynamic shifts in the tech industry, where innovation and adaptability are key to success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025