Gross Profit Analysis: Comparing Shopify Inc. and Dell Technologies Inc.

Shopify's explosive growth vs. Dell's steady profits.

__timestampDell Technologies Inc.Shopify Inc.
Wednesday, January 1, 2014948500000061795000
Thursday, January 1, 20158896000000111071000
Friday, January 1, 20168387000000209495000
Sunday, January 1, 201713649000000380253000
Monday, January 1, 201820537000000596267000
Tuesday, January 1, 201925053000000865643000
Wednesday, January 1, 2020206390000001541520000
Friday, January 1, 2021201400000002481144000
Saturday, January 1, 2022218910000002754119000
Sunday, January 1, 2023226860000003515000000
Monday, January 1, 2024208690000004472000000
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Igniting the spark of knowledge

Gross Profit Trends: Shopify vs. Dell Technologies

In the ever-evolving landscape of technology, the financial performance of companies like Shopify Inc. and Dell Technologies Inc. offers a fascinating glimpse into their growth trajectories. Over the past decade, Dell Technologies has consistently demonstrated robust gross profit margins, peaking in 2019 with a 200% increase from 2014. Meanwhile, Shopify has shown remarkable growth, with its gross profit surging by over 5,500% from 2014 to 2023, reflecting its rapid expansion in the e-commerce sector.

A Decade of Growth

From 2014 to 2023, Dell's gross profit has remained relatively stable, with a slight dip in 2024. In contrast, Shopify's growth trajectory is a testament to its innovative business model, despite missing data for 2024. This comparison highlights the diverse strategies and market positions of these two tech giants, offering valuable insights for investors and industry enthusiasts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025