Who Generates More Revenue? Shopify Inc. or Dell Technologies Inc.

Dell vs. Shopify: A Decade of Revenue Growth

__timestampDell Technologies Inc.Shopify Inc.
Wednesday, January 1, 201456377000000105018000
Thursday, January 1, 201554142000000205233000
Friday, January 1, 201650911000000389330000
Sunday, January 1, 201762164000000673304000
Monday, January 1, 2018790400000001073229000
Tuesday, January 1, 2019906210000001578173000
Wednesday, January 1, 2020848150000002929491000
Friday, January 1, 2021866700000004611856000
Saturday, January 1, 20221011970000005599864000
Sunday, January 1, 20231023010000007060000000
Monday, January 1, 2024884250000008880000000
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Data in motion

Revenue Race: Shopify vs. Dell Technologies

In the dynamic world of technology, revenue growth is a key indicator of a company's success. Over the past decade, Dell Technologies Inc. has consistently outpaced Shopify Inc. in terms of revenue generation. From 2014 to 2023, Dell's revenue surged by approximately 82%, peaking at $102 billion in 2023. In contrast, Shopify, a rising star in e-commerce, saw its revenue grow exponentially by over 6,600% during the same period, reaching $7 billion in 2023.

While Dell's dominance in the hardware sector ensures its steady revenue stream, Shopify's rapid growth highlights its potential in the digital commerce space. However, the data for 2024 is incomplete, leaving room for speculation on whether Shopify can continue its upward trajectory. As the tech landscape evolves, the competition between these two giants will be one to watch.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025