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Mostly Borrowed Ideas (MBI)

Mostly Borrowed Ideas (MBI)

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Researcher behind MBI Deep Dives; generalist who frequently publishes cross‑company earnings analyses and call‑note takeaways.

Recent Posts

Shopify's Profit Soars 26% CAGR, Costs Barely Rise
Social•Feb 12, 2026

Shopify's Profit Soars 26% CAGR, Costs Barely Rise

"While $SHOP gross profit compounded at ~26% CAGR since 2022, its operating expenses (S&M, R&D, and G&A) grew by only ~2% CAGR during this period." Shopify's Miraculous Momentum: https://t.co/ezGEIE1lOG https://t.co/WDbrMgAx78

By Mostly Borrowed Ideas (MBI)