Key Insights on Gross Profit: Oracle Corporation vs Shopify Inc.

Oracle vs Shopify: A Decade of Profit Growth

__timestampOracle CorporationShopify Inc.
Wednesday, January 1, 20143103900000061795000
Thursday, January 1, 201530694000000111071000
Friday, January 1, 201629568000000209495000
Sunday, January 1, 201730276000000380253000
Monday, January 1, 201831771000000596267000
Tuesday, January 1, 201931511000000865643000
Wednesday, January 1, 2020311300000001541520000
Friday, January 1, 2021326240000002481144000
Saturday, January 1, 2022335630000002754119000
Sunday, January 1, 2023363900000003515000000
Monday, January 1, 2024378180000004472000000
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Unveiling the hidden dimensions of data

Oracle vs Shopify: A Decade of Gross Profit Evolution

In the ever-evolving landscape of technology and e-commerce, Oracle Corporation and Shopify Inc. have carved distinct paths over the past decade. Oracle, a stalwart in enterprise software, has consistently demonstrated robust growth in gross profit, with a notable increase of approximately 22% from 2014 to 2023. This growth underscores Oracle's resilience and adaptability in a competitive market.

Conversely, Shopify, a relatively newer entrant, has shown a meteoric rise in its gross profit, skyrocketing by over 5,500% from 2014 to 2023. This exponential growth highlights Shopify's pivotal role in empowering small to medium-sized businesses in the digital age.

While Oracle's gross profit reached its peak in 2024, Shopify's data for the same year remains elusive, leaving room for speculation on its continued trajectory. This comparison not only reflects the dynamic nature of these companies but also the broader shifts in the tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025