VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Stock Comparison

Shopify Inc. vs Texas Instruments Incorporated

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Shopify Inc.

SHOP · Nasdaq Global Select Market

Market cap (USD)$163.7B
Gross margin (TTM)48.1%
Operating margin (TTM)12.7%
Net margin (TTM)10.7%
SectorTechnology
IndustrySoftware - Application
CountryCA
Data as of2026-04-25
Moat score
73/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Shopify Inc.'s moat claims, evidence, and risks.

View SHOP analysis

Texas Instruments Incorporated

TXN · Nasdaq Global Select Market

Market cap (USD)$257B
Gross margin (TTM)57.3%
Operating margin (TTM)35.3%
Net margin (TTM)29.1%
SectorTechnology
IndustrySemiconductors
CountryUS
Data as of2025-12-30
Moat score
66/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Texas Instruments Incorporated's moat claims, evidence, and risks.

View TXN analysis

Comparison highlights

  • Moat score gap: Shopify Inc. leads (73 / 100 vs 66 / 100 for Texas Instruments Incorporated).
  • Segment focus: Shopify Inc. has 2 segments (76.2% in Merchant Solutions); Texas Instruments Incorporated has 3 segments (77.8% in Analog).
  • Moat breadth: Shopify Inc. has 7 moat types across 3 domains; Texas Instruments Incorporated has 7 across 3.

Primary market context

Shopify Inc.

Merchant Solutions

Market

Integrated merchant payments, checkout, lending, shipping, POS hardware, partner referrals, ads and buyer-acquisition services for Shopify merchants

Geography

Global, with Shopify Payments and related solutions available across selected countries

Customer

Shopify merchants, Shopify Plus merchants, retail operators and buyers using Shop Pay or Shop App

Role

Embedded payments, checkout, fintech, fulfillment-adjacent and commerce-services layer attached to Shopify storefronts

Revenue share

76.2%

Texas Instruments Incorporated

Analog

Market

Analog semiconductors (power management and signal chain ICs)

Geography

Global

Customer

Electronics OEMs/ODMs and distributors

Role

IDM semiconductor supplier

Revenue share

77.8%

Side-by-side metrics

Shopify Inc.
Texas Instruments Incorporated
Ticker / Exchange
SHOP - Nasdaq Global Select Market
TXN - Nasdaq Global Select Market
Market cap (USD)
$163.7B
$257B
Gross margin (TTM)
48.1%
57.3%
Operating margin (TTM)
12.7%
35.3%
Net margin (TTM)
10.7%
29.1%
Sector
Technology
Technology
Industry
Software - Application
Semiconductors
HQ country
CA
US
Primary segment
Merchant Solutions
Analog
Market structure
Competitive
Competitive
Market share
65.6% (reported)
12%-16% (implied)
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
73 / 100
66 / 100
Moat domains
Network, Demand, Supply
Supply, Demand, Legal
Last update
2026-04-25
2025-12-30

Moat coverage

Shared moat types

Habit DefaultScale Economies Unit Cost

Shopify Inc. strengths

Ecosystem ComplementsData Workflow LockinBrand TrustSuite BundlingKeystone Component

Texas Instruments Incorporated strengths

Supply Chain ControlDistribution ControlScope EconomiesTraining Org Change CostsIP Choke Point

Segment mix

Shopify Inc. segments

Full profile >

Subscription Solutions

Competitive

23.8%

Merchant Solutions

Competitive

76.2%

Texas Instruments Incorporated segments

Full profile >

Analog

Competitive

77.8%

Embedded Processing

Competitive

16.2%

Other

Competitive

6.1%

Want the full wide moat stocks list?

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Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.