Shopify Inc. or Nutanix, Inc.: Who Leads in Yearly Revenue?

Shopify's revenue growth outpaces Nutanix by 4x in a decade.

__timestampNutanix, Inc.Shopify Inc.
Wednesday, January 1, 2014127127000105018000
Thursday, January 1, 2015241432000205233000
Friday, January 1, 2016444928000389330000
Sunday, January 1, 2017766869000673304000
Monday, January 1, 201811554570001073229000
Tuesday, January 1, 201912361430001578173000
Wednesday, January 1, 202013076820002929491000
Friday, January 1, 202113943640004611856000
Saturday, January 1, 202215807960005599864000
Sunday, January 1, 202318628950007060000000
Monday, January 1, 202421488160008880000000
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Unlocking the unknown

Shopify vs. Nutanix: A Revenue Race

In the dynamic world of tech, Shopify Inc. and Nutanix, Inc. have emerged as key players, each carving out a unique niche. Over the past decade, Shopify has consistently outpaced Nutanix in revenue growth. From 2014 to 2023, Shopify's revenue skyrocketed by over 6,600%, reaching a peak of approximately $7 billion in 2023. In contrast, Nutanix's revenue grew by about 1,590% during the same period, culminating in nearly $1.9 billion.

A Decade of Growth

Shopify's impressive growth trajectory is a testament to its robust e-commerce platform, which has become indispensable for online retailers. Meanwhile, Nutanix's steady rise reflects its stronghold in the cloud computing sector. Despite missing data for Shopify in 2024, the trend is clear: Shopify's revenue growth has consistently outpaced Nutanix, making it a leader in the tech revenue race.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025