Revenue Showdown: Shopify Inc. vs HP Inc.

Revenue Showdown: Shopify Inc. vs HP Inc.

In the ever-evolving landscape of technology and e-commerce, Shopify Inc. and HP Inc. have emerged as key players, each carving out a distinct niche. Over the past decade, HP Inc. has consistently demonstrated robust revenue figures, peaking in 2014 with a staggering 111 billion dollars. However, the subsequent years saw a decline, with 2023 revenues dropping to around 54 billion dollars, marking a 51% decrease from its peak.

Conversely, Shopify Inc. has been on a meteoric rise. Starting from a modest 105 million dollars in 2014, Shopify's revenue surged to approximately 7 billion dollars by 2023, reflecting an impressive growth of over 6,600%. This stark contrast highlights the dynamic shifts in the tech industry, where e-commerce platforms are rapidly gaining ground. Notably, data for 2024 is incomplete, leaving room for speculation on future trends.