Gross Profit Trends: Shopify Inc. vs Gartner, Inc.

In the dynamic world of technology and research, Shopify Inc. and Gartner, Inc. have showcased remarkable growth trajectories over the past decade. From 2014 to 2023, Shopify's gross profit surged by an astounding 5,600%, reflecting its rapid expansion in the e-commerce sector. In contrast, Gartner, a leader in research and advisory services, experienced a steady 227% increase in gross profit, underscoring its consistent market presence.

A Decade of Growth

Starting in 2014, Gartner's gross profit was approximately 20 times that of Shopify. However, by 2023, Shopify had closed the gap significantly, with its gross profit reaching nearly 88% of Gartner's. This shift highlights Shopify's aggressive growth strategy and its ability to capture market share in the competitive e-commerce landscape.

These trends not only reflect the companies' individual strategies but also the broader shifts in the technology and research industries.