| Stage | PYPL | % of rev | SHOP | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $8.6B | 100.00% | $3.7B | 100.00% | PYPL ×2.29 |
| Gross profit | $8.6B | 100.00% | $1.8B | 47.59% | PYPL +52.4pp |
| Operating income | $1.4B | 16.33% | $568M | 15.18% | PYPL +1.2pp |
| Pre-tax income | $1.4B | 16.01% | $499M | 13.34% | PYPL +2.7pp |
| Net income | $1.1B | 12.50% | $462M | 12.35% | PYPL +0.2pp |
| Stage | PYPL | SHOP | Gap · A − B |
|---|---|---|---|
| Revenue | $8.6B100.00% | $3.7B100.00% | PYPL ×2.29 |
| Gross profit | 100.00%$8.6B | 47.59%$1.8B | PYPL +52.4pp |
| Operating income | 16.33%$1.4B | 15.18%$568M | PYPL +1.2pp |
| Pre-tax income | 16.01%$1.4B | 13.34%$499M | PYPL +2.7pp |
| Net income |
| 12.50%$1.1B |
| 12.35%$462M |
| PYPL +0.2pp |
No shared counterparties.