Analyzing Cost of Revenue: Salesforce, Inc. vs. II-VI Incorporated

In the ever-evolving landscape of technology and manufacturing, understanding the cost of revenue is crucial for assessing a company's financial health. Over the past decade, Salesforce, Inc. and II-VI Incorporated have shown distinct trajectories in their cost of revenue.

Salesforce, Inc.

Salesforce, a leader in cloud-based solutions, has seen its cost of revenue grow by approximately 780% from 2014 to 2023. This increase reflects its aggressive expansion and investment in infrastructure to support its growing customer base. By 2023, Salesforce's cost of revenue reached a staggering $8.36 billion, highlighting its commitment to scaling operations.

II-VI Incorporated

Conversely, II-VI Incorporated, a key player in engineered materials and optoelectronic components, experienced a 675% increase in cost of revenue over the same period. The company's strategic acquisitions and expansion into new markets have driven this growth, culminating in a cost of revenue of $3.54 billion in 2023.

Both companies demonstrate the dynamic nature of their industries, with Salesforce focusing on digital transformation and II-VI on material innovation.