Who Generates Higher Gross Profit? Shopify Inc. or Leidos Holdings, Inc.

Shopify's Gross Profit Surges Past Leidos in a Decade

__timestampLeidos Holdings, Inc.Shopify Inc.
Wednesday, January 1, 201467100000061795000
Thursday, January 1, 2015618000000111071000
Friday, January 1, 2016852000000209495000
Sunday, January 1, 20171247000000380253000
Monday, January 1, 20181504000000596267000
Tuesday, January 1, 20191548000000865643000
Wednesday, January 1, 202017370000001541520000
Friday, January 1, 202120140000002481144000
Saturday, January 1, 202220840000002754119000
Sunday, January 1, 202322440000003515000000
Monday, January 1, 202427980000004472000000
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Shopify vs. Leidos: A Battle of Gross Profits

In the ever-evolving landscape of business, the ability to generate substantial gross profit is a testament to a company's operational efficiency and market prowess. Over the past decade, Shopify Inc. and Leidos Holdings, Inc. have emerged as formidable contenders in this arena. From 2014 to 2023, Shopify's gross profit skyrocketed by an impressive 5,600%, reflecting its rapid growth and dominance in the e-commerce sector. In contrast, Leidos, a leader in defense and information technology, saw a steady increase of 235% in the same period, showcasing its resilience and consistent performance.

By 2023, Shopify's gross profit reached a staggering 3.5 billion, surpassing Leidos' 2.2 billion by a significant margin. This shift highlights the dynamic nature of the market and the potential for tech-driven companies to outpace traditional industries. As we look to the future, the question remains: will Shopify maintain its lead, or will Leidos close the gap?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025