A Tale of Two Companies: Shopify and Jabil's Gross Profit Journey

In the ever-evolving landscape of global commerce, Shopify Inc. and Jabil Inc. have emerged as key players, each carving out a unique niche. Over the past decade, these companies have demonstrated remarkable growth in gross profit, reflecting their strategic prowess and market adaptability.

Shopify's Meteoric Rise

From a modest gross profit of approximately $62 million in 2014, Shopify has skyrocketed to an impressive $3.5 billion by 2023. This represents a staggering increase of over 5,500%, underscoring Shopify's dominance in the e-commerce sector.

Jabil's Steady Climb

Jabil, a leader in manufacturing solutions, has also shown consistent growth. Starting at around $1 billion in 2014, Jabil's gross profit reached nearly $2.9 billion in 2023, marking a robust 180% increase.

The Missing Year

While Jabil's data extends into 2024, Shopify's figures for that year remain elusive, leaving room for speculation on its continued trajectory.