Gross Profit Trends Compared: Shopify Inc. vs The Trade Desk, Inc.

Shopify vs The Trade Desk: A Decade of Profit Growth

__timestampShopify Inc.The Trade Desk, Inc.
Wednesday, January 1, 20146179500031989000
Thursday, January 1, 201511107100090869000
Friday, January 1, 2016209495000163050000
Sunday, January 1, 2017380253000241987000
Monday, January 1, 2018596267000363196000
Tuesday, January 1, 2019865643000504878000
Wednesday, January 1, 20201541520000657221000
Friday, January 1, 20212481144000974913000
Saturday, January 1, 202227541190001296672000
Sunday, January 1, 202335150000001580522000
Monday, January 1, 202444720000001972819000
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Unleashing insights

Gross Profit Growth: Shopify Inc. vs The Trade Desk, Inc.

In the dynamic world of e-commerce and digital advertising, Shopify Inc. and The Trade Desk, Inc. have emerged as industry leaders. Over the past decade, both companies have demonstrated impressive growth in gross profit, reflecting their strategic prowess and market adaptability.

From 2014 to 2023, Shopify's gross profit surged by an astounding 5,600%, highlighting its robust expansion and increasing market share in the e-commerce sector. Meanwhile, The Trade Desk, a key player in digital advertising, saw its gross profit grow by nearly 4,800%, underscoring its pivotal role in the evolving digital landscape.

This comparison not only showcases the rapid growth trajectories of these companies but also emphasizes the broader trends in their respective industries. As digital transformation continues to reshape commerce and advertising, both Shopify and The Trade Desk are well-positioned to capitalize on emerging opportunities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025