Revenue Showdown: Shopify Inc. vs Broadridge Financial Solutions, Inc.

Shopify's meteoric rise vs. Broadridge's steady growth.

__timestampBroadridge Financial Solutions, Inc.Shopify Inc.
Wednesday, January 1, 20142558000000105018000
Thursday, January 1, 20152694200000205233000
Friday, January 1, 20162897000000389330000
Sunday, January 1, 20174142600000673304000
Monday, January 1, 201843299000001073229000
Tuesday, January 1, 201943622000001578173000
Wednesday, January 1, 202045290000002929491000
Friday, January 1, 202149937000004611856000
Saturday, January 1, 202257091000005599864000
Sunday, January 1, 202360609000007060000000
Monday, January 1, 202465068000008880000000
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In pursuit of knowledge

Revenue Showdown: Shopify vs. Broadridge

In the ever-evolving landscape of financial technology, Shopify Inc. and Broadridge Financial Solutions, Inc. have emerged as formidable players. Over the past decade, these companies have demonstrated remarkable growth trajectories, albeit in different ways. From 2014 to 2023, Broadridge's revenue surged by approximately 137%, reflecting its steady expansion in the financial services sector. Meanwhile, Shopify, a leader in e-commerce solutions, witnessed an astounding growth of over 6,600% during the same period, underscoring its rapid ascent in the digital commerce arena.

A Decade of Transformation

Broadridge's consistent growth, with revenues peaking at $6.06 billion in 2023, highlights its resilience and adaptability in a competitive market. In contrast, Shopify's meteoric rise to $7.06 billion in 2023 showcases its ability to capitalize on the e-commerce boom. However, data for 2024 remains incomplete, leaving room for speculation on future trends. As these giants continue to innovate, the financial technology landscape is poised for further transformation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025