Analyzing Cost of Revenue: Micron Technology, Inc. and Cognizant Technology Solutions Corporation

Analyzing Cost of Revenue: A Tale of Two Tech Giants

In the ever-evolving landscape of technology, understanding the cost of revenue is crucial for assessing a company's financial health. This analysis focuses on two industry titans: Micron Technology, Inc. and Cognizant Technology Solutions Corporation, from 2014 to 2023. Over this decade, Micron Technology consistently outpaced Cognizant in cost of revenue, reflecting its expansive growth in the semiconductor sector. By 2023, Micron's cost of revenue surged by approximately 55% from 2014, reaching nearly $17 billion, while Cognizant's increased by about 106%, peaking at $12.7 billion. This trend highlights Micron's aggressive investment in production capabilities, while Cognizant's steady rise underscores its strategic expansion in IT services. Notably, 2024 data for Cognizant is missing, suggesting potential reporting delays or strategic shifts. As these companies navigate the complexities of the tech world, their cost of revenue remains a key indicator of their operational strategies and market positioning.