Gross Profit Analysis: Comparing Cisco Systems, Inc. and Shopify Inc.

Cisco vs. Shopify: A Decade of Profit Growth

__timestampCisco Systems, Inc.Shopify Inc.
Wednesday, January 1, 20142776900000061795000
Thursday, January 1, 201529681000000111071000
Friday, January 1, 201630960000000209495000
Sunday, January 1, 201730224000000380253000
Monday, January 1, 201830606000000596267000
Tuesday, January 1, 201932666000000865643000
Wednesday, January 1, 2020316830000001541520000
Friday, January 1, 2021318940000002481144000
Saturday, January 1, 2022322480000002754119000
Sunday, January 1, 2023357530000003515000000
Monday, January 1, 2024348280000004472000000
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Data in motion

A Tale of Two Giants: Cisco vs. Shopify

In the ever-evolving landscape of technology, Cisco Systems, Inc. and Shopify Inc. stand as titans in their respective domains. Over the past decade, Cisco has consistently demonstrated its prowess, with gross profits growing by approximately 29% from 2014 to 2023. This growth underscores Cisco's dominance in networking and cybersecurity solutions. Meanwhile, Shopify, a leader in e-commerce platforms, has shown a staggering increase in gross profit, surging over 5,500% during the same period. This meteoric rise highlights the explosive growth of online retail and Shopify's pivotal role in empowering small to medium-sized businesses.

While Cisco's profits peaked in 2023, Shopify's data for 2024 remains elusive, leaving room for speculation. As we look to the future, the question remains: will Shopify continue its upward trajectory, or will Cisco maintain its stronghold? Stay tuned as these industry leaders continue to shape the digital world.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025