Shopify Inc. vs Motorola Solutions, Inc.: A Gross Profit Performance Breakdown

Shopify vs. Motorola: A Decade of Gross Profit Growth

__timestampMotorola Solutions, Inc.Shopify Inc.
Wednesday, January 1, 2014283100000061795000
Thursday, January 1, 20152719000000111071000
Friday, January 1, 20162869000000209495000
Sunday, January 1, 20173024000000380253000
Monday, January 1, 20183480000000596267000
Tuesday, January 1, 20193931000000865643000
Wednesday, January 1, 202036080000001541520000
Friday, January 1, 202140400000002481144000
Saturday, January 1, 202242290000002754119000
Sunday, January 1, 202349700000003515000000
Monday, January 1, 202455120000004472000000
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Unveiling the hidden dimensions of data

A Tale of Two Giants: Shopify and Motorola Solutions

In the ever-evolving landscape of technology and commerce, Shopify Inc. and Motorola Solutions, Inc. have emerged as titans, each carving out a unique niche. Over the past decade, from 2014 to 2023, these companies have demonstrated remarkable growth in gross profit, albeit on different scales.

Shopify's Meteoric Rise

Shopify, a leader in e-commerce solutions, has seen its gross profit skyrocket by over 5,500% from 2014 to 2023. Starting with a modest $62 million in 2014, Shopify's gross profit surged to $3.5 billion by 2023, reflecting its rapid expansion and dominance in the digital marketplace.

Motorola's Steady Ascent

Conversely, Motorola Solutions, a stalwart in communication technology, has shown consistent growth. Its gross profit increased by approximately 75% over the same period, reaching nearly $5 billion in 2023. This steady climb underscores Motorola's resilience and adaptability in a competitive industry.

Conclusion

While Shopify's growth trajectory is steep, Motorola's consistent performance highlights its enduring legacy. Together, these companies exemplify the diverse paths to success in the tech world.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025