Revenue Insights: Shopify Inc. and Corpay, Inc. Performance Compared

Shopify's explosive growth outpaces Corpay's steady rise.

__timestampCorpay, Inc.Shopify Inc.
Wednesday, January 1, 20141199390000105018000
Thursday, January 1, 20151702865000205233000
Friday, January 1, 20161831546000389330000
Sunday, January 1, 20172249538000673304000
Monday, January 1, 201824334920001073229000
Tuesday, January 1, 201926488480001578173000
Wednesday, January 1, 202023888550002929491000
Friday, January 1, 202128337360004611856000
Saturday, January 1, 202234271290005599864000
Sunday, January 1, 202337577190007060000000
Monday, January 1, 202439745890008880000000
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Data in motion

Revenue Growth: Shopify Inc. vs. Corpay, Inc.

In the dynamic world of e-commerce and financial services, Shopify Inc. and Corpay, Inc. have emerged as significant players. Over the past decade, Shopify's revenue has skyrocketed, growing by an astounding 6,600% from 2014 to 2023. This growth reflects the company's strategic expansion and the increasing shift towards online retail. In contrast, Corpay, Inc. has demonstrated steady growth, with its revenue increasing by over 200% during the same period. This consistent performance underscores Corpay's robust position in the financial services sector. By 2023, Shopify's revenue was nearly double that of Corpay, highlighting its rapid ascent in the market. These insights reveal the contrasting growth trajectories of two industry leaders, offering a fascinating glimpse into their strategic directions and market dynamics.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025