Analyzing Cost of Revenue: Applied Materials, Inc. and Fortinet, Inc.

Cost of Revenue: Tech Giants' Financial Insights

__timestampApplied Materials, Inc.Fortinet, Inc.
Wednesday, January 1, 20145229000000231009000
Thursday, January 1, 20155707000000286777000
Friday, January 1, 20166314000000337837000
Sunday, January 1, 20178005000000385284000
Monday, January 1, 20189436000000450400000
Tuesday, January 1, 20198222000000505900000
Wednesday, January 1, 20209510000000570000000
Friday, January 1, 202112149000000783000000
Saturday, January 1, 2022137920000001084900000
Sunday, January 1, 2023141330000001237200000
Monday, January 1, 2024142790000001157600000
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Infusing magic into the data realm

Analyzing Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of technology, understanding the cost of revenue is crucial for assessing a company's financial health. Applied Materials, Inc. and Fortinet, Inc., two titans in their respective fields, offer a fascinating study in contrasts. From 2014 to 2023, Applied Materials saw a staggering 171% increase in its cost of revenue, peaking at approximately $14.1 billion in 2023. This growth reflects its expanding role in the semiconductor industry. Meanwhile, Fortinet, a leader in cybersecurity, experienced a 436% rise, reaching around $1.2 billion in 2023. This surge underscores the growing demand for cybersecurity solutions in a digital-first world. Notably, data for 2024 is incomplete, highlighting the dynamic nature of these industries. As these companies continue to innovate, their cost structures will remain a key indicator of their strategic directions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025