Salesforce vs Shopify: revenue, profit, margins and growth compared
Salesforce brought in $41.5B of revenue in fiscal 2025, Shopify $11.6B in fiscal 2025. Revenue changed by +9.6% at Salesforce and +30.1% at Shopify on the year before, so Shopify grew faster. Salesforce kept 18.0% of its revenue as net profit, Shopify 10.7%. Free cash flow was $14.4B at Salesforce and $2B at Shopify.
Fiscal years as each company reports them; the two may end in different months.
Questions about Salesforce and Shopify
Which is bigger by revenue, Salesforce or Shopify?
Salesforce is bigger by revenue: $41.5B in fiscal 2025, against $11.6B for Shopify in fiscal 2025.
Which keeps more of its revenue as profit, Salesforce or Shopify?
Salesforce had a net margin of 18.0% in fiscal 2025; Shopify had 10.7% in fiscal 2025.
Which grew revenue faster, Salesforce or Shopify?
In their latest fiscal years revenue changed by +9.6% at Salesforce 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.