Comparing Revenue Performance: International Business Machines Corporation or Shopify Inc.?

IBM vs. Shopify: A Decade of Revenue Trends

__timestampInternational Business Machines CorporationShopify Inc.
Wednesday, January 1, 201492793000000105018000
Thursday, January 1, 201581742000000205233000
Friday, January 1, 201679920000000389330000
Sunday, January 1, 201779139000000673304000
Monday, January 1, 2018795910000001073229000
Tuesday, January 1, 2019577140000001578173000
Wednesday, January 1, 2020551790000002929491000
Friday, January 1, 2021573510000004611856000
Saturday, January 1, 2022605300000005599864000
Sunday, January 1, 2023618600000007060000000
Monday, January 1, 2024627530000008880000000
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Cracking the code

Revenue Showdown: IBM vs. Shopify

In the ever-evolving landscape of technology and e-commerce, the revenue trajectories of International Business Machines Corporation (IBM) and Shopify Inc. offer a fascinating study. Over the past decade, IBM, a stalwart in the tech industry, has seen its revenue decline by approximately 32%, from its peak in 2014. In contrast, Shopify, a relative newcomer, has experienced explosive growth, with its revenue increasing by over 6,600% since 2014.

A Tale of Two Companies

IBM's revenue, which stood at its highest in 2014, has faced a downward trend, reflecting the company's strategic shifts and market challenges. Meanwhile, Shopify's meteoric rise, particularly from 2020 onwards, underscores the booming e-commerce sector and the company's innovative platform.

As we look to the future, the missing data for 2024 leaves us anticipating how these giants will adapt and evolve in a rapidly changing digital world.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025