Cost of Revenue Comparison: Shopify Inc. vs KLA Corporation

Cost of Revenue: A Tale of Two Companies

In the ever-evolving landscape of technology and manufacturing, Shopify Inc. and KLA Corporation stand as titans in their respective fields. Over the past decade, these companies have shown remarkable growth in their cost of revenue, a key indicator of operational scale and efficiency.

Shopify Inc.: A Meteoric Rise

From 2014 to 2023, Shopify's cost of revenue skyrocketed by over 8,000%, reflecting its rapid expansion in the e-commerce sector. Starting at a modest $43 million in 2014, Shopify's cost of revenue surged to approximately $3.5 billion by 2023, underscoring its aggressive growth strategy and increasing market presence.

KLA Corporation: Steady and Strong

KLA Corporation, a leader in semiconductor manufacturing, demonstrated a steady increase in its cost of revenue, growing by 242% from 2014 to 2023. This growth highlights KLA's consistent performance and its ability to adapt to the demands of the semiconductor industry.

Missing Data: A Note

While the data for 2024 is incomplete for Shopify, the trends from previous years provide a compelling narrative of growth and resilience for both companies.