Who Generates Higher Gross Profit? Shopify Inc. or Take-Two Interactive Software, Inc.

Shopify's meteoric rise in gross profit over a decade.

__timestampShopify Inc.Take-Two Interactive Software, Inc.
Wednesday, January 1, 201461795000936241000
Thursday, January 1, 2015111071000288071000
Friday, January 1, 2016209495000599825000
Sunday, January 1, 2017380253000756789000
Monday, January 1, 2018596267000894581000
Tuesday, January 1, 20198656430001144750000
Wednesday, January 1, 202015415200001546520000
Friday, January 1, 202124811440001837687000
Saturday, January 1, 202227541190001969399000
Sunday, January 1, 202335150000002285300000
Monday, January 1, 202444720000002241800000
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Unleashing the power of data

Shopify vs. Take-Two: A Battle of Gross Profits

In the dynamic world of business, understanding which companies are leading in profitability is crucial. Over the past decade, Shopify Inc. and Take-Two Interactive Software, Inc. have been at the forefront of their respective industries. From 2014 to 2023, Shopify's gross profit surged by an impressive 5,600%, starting from a modest $61 million to a staggering $3.5 billion. Meanwhile, Take-Two Interactive, a titan in the gaming industry, saw its gross profit grow by 144%, reaching $2.3 billion in 2023.

Key Insights

  • 2014-2019: Take-Two consistently outperformed Shopify, with gross profits peaking at $1.1 billion in 2019.
  • 2020-2023: Shopify's growth trajectory skyrocketed, surpassing Take-Two in 2021 and maintaining its lead.

This data highlights the rapid growth of e-commerce platforms and the steady rise of the gaming industry, offering valuable insights for investors and industry enthusiasts.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025