Revenue Showdown: Shopify Inc. vs Pure Storage, Inc.

Shopify vs Pure Storage: A Decade of Revenue Growth

__timestampPure Storage, Inc.Shopify Inc.
Wednesday, January 1, 201442733000105018000
Thursday, January 1, 2015174451000205233000
Friday, January 1, 2016440333000389330000
Sunday, January 1, 2017727977000673304000
Monday, January 1, 201810230190001073229000
Tuesday, January 1, 201913598240001578173000
Wednesday, January 1, 202016434400002929491000
Friday, January 1, 202116841790004611856000
Saturday, January 1, 202221808480005599864000
Sunday, January 1, 202327534340007060000000
Monday, January 1, 202428306210008880000000
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Data in motion

Revenue Showdown: Shopify Inc. vs Pure Storage, Inc.

In the ever-evolving landscape of technology, Shopify Inc. and Pure Storage, Inc. have emerged as formidable players. Over the past decade, Shopify's revenue has skyrocketed, growing by an astounding 6,600% from 2014 to 2023. This e-commerce giant has consistently outpaced Pure Storage, which, despite a respectable 6,500% increase in the same period, remains in Shopify's shadow.

A Decade of Growth

Shopify's revenue growth reflects its strategic expansion and the global shift towards online retail. By 2023, Shopify's revenue reached a peak, nearly doubling from 2020. Meanwhile, Pure Storage, a leader in data storage solutions, has shown steady growth, with its revenue increasing by 67% from 2020 to 2023.

The Missing Year

While Shopify's 2024 data remains elusive, Pure Storage continues its upward trajectory, hinting at a promising future. This revenue showdown highlights the dynamic nature of the tech industry, where innovation and adaptability are key.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025