Analyzing Cost of Revenue: QUALCOMM Incorporated and Fortinet, Inc.

Analyzing Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of technology, understanding the cost of revenue is crucial for evaluating a company's financial health. This analysis delves into the cost of revenue trends for two industry titans: QUALCOMM Incorporated and Fortinet, Inc., from 2014 to 2023.

QUALCOMM, a leader in wireless technology, consistently shows a robust cost of revenue, peaking at approximately $18.6 billion in 2022. This represents a 75% increase from its lowest point in 2019. Meanwhile, Fortinet, a cybersecurity powerhouse, has seen its cost of revenue grow by over 400% during the same period, reaching around $1.24 billion in 2023.

The data reveals a compelling narrative of growth and adaptation. While QUALCOMM's cost of revenue fluctuates, Fortinet's steady rise underscores its expanding market presence. Missing data for 2024 suggests ongoing developments, inviting further exploration into these companies' financial strategies.