Adobe vs Shopify: revenue, profit, margins and growth compared
Adobe brought in $23.8B of revenue in fiscal 2025, Shopify $11.6B in fiscal 2025. Revenue changed by +10.5% at Adobe and +30.1% at Shopify on the year before, so Shopify grew faster. Adobe kept 30.0% of its revenue as net profit, Shopify 10.7%. Free cash flow was $9.9B at Adobe and $2B at Shopify.
Fiscal years as each company reports them; the two may end in different months.
Questions about Adobe and Shopify
Which is bigger by revenue, Adobe or Shopify?
Adobe is bigger by revenue: $23.8B in fiscal 2025, against $11.6B for Shopify in fiscal 2025.
Which keeps more of its revenue as profit, Adobe or Shopify?
Adobe had a net margin of 30.0% in fiscal 2025; Shopify had 10.7% in fiscal 2025.
Which grew revenue faster, Adobe or Shopify?
In their latest fiscal years revenue changed by +10.5% at Adobe and +30.1% at Shopify.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.