Shopify Inc. and HP Inc.: A Detailed Gross Profit Analysis

Shopify vs. HP: A Decade of Gross Profit Evolution

__timestampHP Inc.Shopify Inc.
Wednesday, January 1, 20142661500000061795000
Thursday, January 1, 20159939000000111071000
Friday, January 1, 20168998000000209495000
Sunday, January 1, 20179578000000380253000
Monday, January 1, 201810669000000596267000
Tuesday, January 1, 201911170000000865643000
Wednesday, January 1, 2020104370000001541520000
Friday, January 1, 2021134170000002481144000
Saturday, January 1, 2022123350000002754119000
Sunday, January 1, 2023115080000003515000000
Monday, January 1, 2024118180000004472000000
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Unleashing insights

A Tale of Two Giants: Shopify and HP's Gross Profit Journey

In the ever-evolving landscape of technology and e-commerce, Shopify Inc. and HP Inc. have carved distinct paths. From 2014 to 2023, HP Inc. consistently demonstrated robust gross profits, peaking in 2014 with a staggering 266% higher profit than its lowest in 2016. Meanwhile, Shopify Inc., a rising star in e-commerce, showcased an impressive growth trajectory, with its gross profit surging by over 5,600% from 2014 to 2023. This remarkable growth underscores Shopify's rapid expansion and increasing market influence.

While HP's profits remained relatively stable, Shopify's exponential rise highlights the dynamic nature of the digital economy. However, data for 2024 remains elusive, leaving room for speculation on future trends. As these two giants continue to innovate, their financial journeys offer valuable insights into the broader tech and e-commerce sectors.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025