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

Analyzing Cost of Revenue: A Tale of Two Tech Giants

In the ever-evolving tech industry, understanding the cost of revenue is crucial for evaluating a company's financial health. This analysis focuses on two major players: Salesforce, Inc. and Cognizant Technology Solutions Corporation, from 2014 to 2023. Over this period, Cognizant consistently outpaced Salesforce in cost of revenue, reflecting its larger scale and operational scope. Notably, Cognizant's cost of revenue grew by approximately 106% from 2014 to 2023, peaking at $12.66 billion in 2023. Meanwhile, Salesforce exhibited a remarkable growth trajectory, with its cost of revenue increasing by nearly 764% over the same period, reaching $8.36 billion in 2023. This rapid growth underscores Salesforce's aggressive expansion and investment in cloud services. However, the data for 2024 is incomplete, highlighting the dynamic nature of financial forecasting in the tech sector. Stay tuned for more insights as we continue to track these industry leaders.