Cost of Revenue Trends: Shopify Inc. vs Keysight Technologies, Inc.

Cost of Revenue Trends: A Tale of Two Companies

Shopify Inc. vs. Keysight Technologies, Inc.

In the ever-evolving landscape of technology, understanding cost dynamics is crucial. This chart offers a fascinating glimpse into the cost of revenue trends for Shopify Inc. and Keysight Technologies, Inc. over the past decade.

From 2014 to 2023, Keysight Technologies maintained a steady increase in its cost of revenue, peaking in 2022 with a 50% rise from its 2014 figures. Meanwhile, Shopify Inc. experienced a meteoric rise, with its cost of revenue surging by over 8,000% from 2014 to 2023. This dramatic growth reflects Shopify's rapid expansion and scaling efforts.

Interestingly, the data for 2024 shows a decline for Keysight Technologies, suggesting a potential shift in strategy or market conditions. However, Shopify's data for 2024 remains elusive, leaving room for speculation. This comparison highlights the diverse strategies and market responses of these two tech giants.