Gross Profit Growth: NVIDIA vs. Shopify

A Decade of Financial Evolution

Over the past decade, NVIDIA Corporation and Shopify Inc. have showcased remarkable growth in their gross profits, reflecting their strategic prowess in the tech industry. NVIDIA, a leader in graphics processing, has seen its gross profit skyrocket from approximately $2.3 billion in 2014 to an impressive $44.3 billion in 2024, marking a staggering 1,826% increase. This growth underscores NVIDIA's dominance in the semiconductor market, driven by advancements in AI and gaming technologies.

In contrast, Shopify, a trailblazer in e-commerce solutions, has experienced a significant rise in gross profit from $61 million in 2014 to $3.5 billion in 2023, a growth of over 5,600%. This surge highlights Shopify's pivotal role in empowering online businesses, especially during the e-commerce boom.

While NVIDIA's 2024 data is available, Shopify's figures for the same year remain undisclosed, leaving room for speculation on its continued trajectory.