Analyzing Cost of Revenue: Salesforce vs. Nokia

In the ever-evolving tech landscape, understanding the cost of revenue is crucial for evaluating a company's financial health. Over the past decade, Salesforce, Inc. and Nokia Oyj have shown contrasting trends in their cost of revenue. From 2014 to 2023, Nokia's cost of revenue fluctuated, peaking in 2016 at approximately 15 billion USD, while Salesforce exhibited a steady upward trajectory, growing by over 770% from 2014 to 2023.

Key Insights

• Nokia's Volatility: Nokia's cost of revenue saw significant fluctuations, with a notable peak in 2016, followed by a gradual decline.
• Salesforce's Growth: Salesforce's cost of revenue increased consistently, reflecting its expanding market presence and operational scale.

This analysis highlights the strategic differences between the two companies, with Salesforce's consistent growth contrasting with Nokia's more variable financial performance.