Annual Revenue Comparison: Shopify Inc. vs Workday, Inc.

A Decade of Growth: Shopify Inc. vs Workday, Inc.

In the ever-evolving landscape of e-commerce and enterprise software, Shopify Inc. and Workday, Inc. have emerged as formidable players. Over the past decade, both companies have demonstrated impressive revenue growth, reflecting their strategic prowess and market adaptability.

From 2014 to 2023, Shopify's revenue skyrocketed by over 6,600%, starting from a modest $105 million to a staggering $7 billion. This exponential growth underscores Shopify's pivotal role in empowering small and medium-sized businesses to thrive in the digital age. Meanwhile, Workday, a leader in cloud-based financial and human capital management software, saw its revenue grow by approximately 1,200%, reaching $6.2 billion in 2023.

While Shopify's growth trajectory is steeper, Workday's consistent revenue increase highlights its stronghold in the enterprise sector. Notably, 2024 data for Shopify is missing, leaving room for speculation on its future performance.