Shopify Inc. vs Fair Isaac Corporation: Annual Revenue Growth Compared

Shopify Inc. vs Fair Isaac Corporation: A Decade of Revenue Growth

In the ever-evolving landscape of technology and finance, Shopify Inc. and Fair Isaac Corporation (FICO) have emerged as key players, each carving out a unique niche. Over the past decade, Shopify has demonstrated a meteoric rise, with its revenue growing from a modest $105 million in 2014 to an impressive $7.06 billion by 2023. This represents a staggering growth of over 6,600%, underscoring Shopify's dominance in the e-commerce platform space.

Conversely, Fair Isaac Corporation, a stalwart in analytics and decision management, has shown steady growth. From 2014 to 2023, FICO's revenue increased by approximately 92%, reaching $1.51 billion. This consistent growth highlights FICO's resilience and adaptability in a competitive market.

While Shopify's data for 2024 is not yet available, FICO continues its upward trajectory, projecting further growth. This comparison not only showcases the dynamic nature of these companies but also offers insights into their strategic directions.