Shopify Inc. vs Motorola Solutions, Inc.: Annual Revenue Growth Compared

Shopify vs Motorola: A Decade of Revenue Growth Compared

__timestampMotorola Solutions, Inc.Shopify Inc.
Wednesday, January 1, 20145881000000105018000
Thursday, January 1, 20155695000000205233000
Friday, January 1, 20166038000000389330000
Sunday, January 1, 20176380000000673304000
Monday, January 1, 201873430000001073229000
Tuesday, January 1, 201978870000001578173000
Wednesday, January 1, 202074140000002929491000
Friday, January 1, 202181710000004611856000
Saturday, January 1, 202291120000005599864000
Sunday, January 1, 202399780000007060000000
Monday, January 1, 2024108170000008880000000
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Igniting the spark of knowledge

A Tale of Two Companies: Shopify and Motorola Solutions

In the ever-evolving landscape of technology and commerce, Shopify Inc. and Motorola Solutions, Inc. have charted distinct paths over the past decade. From 2014 to 2023, Shopify's revenue skyrocketed by an astounding 6,600%, reflecting its pivotal role in the e-commerce boom. In contrast, Motorola Solutions, a stalwart in communication technology, experienced a steady growth of approximately 70% during the same period.

Shopify's Meteoric Rise

Shopify's journey from a modest $105 million in 2014 to over $7 billion in 2023 underscores its transformative impact on online retail. This growth trajectory highlights the increasing reliance on digital platforms by businesses worldwide.

Motorola's Steady Ascent

Meanwhile, Motorola Solutions has maintained a robust presence, with revenues climbing from $5.9 billion to nearly $10 billion. This steady growth reflects its enduring relevance in providing critical communication solutions.

Both companies exemplify different facets of technological advancement, offering valuable insights into the diverse opportunities within the tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025