Oracle Corporation vs Shopify Inc.: Examining Key Revenue Metrics

Oracle's steady growth vs Shopify's meteoric rise in revenue.

__timestampOracle CorporationShopify Inc.
Wednesday, January 1, 201438275000000105018000
Thursday, January 1, 201538226000000205233000
Friday, January 1, 201637047000000389330000
Sunday, January 1, 201737728000000673304000
Monday, January 1, 2018398310000001073229000
Tuesday, January 1, 2019395060000001578173000
Wednesday, January 1, 2020390680000002929491000
Friday, January 1, 2021404790000004611856000
Saturday, January 1, 2022424400000005599864000
Sunday, January 1, 2023499540000007060000000
Monday, January 1, 2024529610000008880000000
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Unleashing the power of data

Oracle vs Shopify: A Revenue Journey

In the ever-evolving landscape of technology, Oracle Corporation and Shopify Inc. have carved distinct paths. Oracle, a stalwart in enterprise software, has consistently demonstrated robust revenue growth. From 2014 to 2023, Oracle's revenue surged by approximately 38%, peaking at $52.96 billion in 2024. This growth underscores Oracle's resilience and adaptability in a competitive market.

Conversely, Shopify, a leader in e-commerce solutions, has experienced exponential growth. Starting with a modest revenue in 2014, Shopify's revenue skyrocketed by over 6,600% by 2023, reaching $7.06 billion. This meteoric rise highlights Shopify's pivotal role in empowering small to medium-sized businesses globally.

While Oracle's revenue trajectory is marked by steady growth, Shopify's rapid ascent reflects the dynamic nature of the e-commerce sector. The absence of 2024 data for Shopify suggests potential volatility, inviting speculation on its future performance.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025