Applied Materials, Inc. or Palo Alto Networks, Inc.: Who Invests More in Innovation?

Tech Titans' R&D Race: Who Leads in Innovation?

__timestampApplied Materials, Inc.Palo Alto Networks, Inc.
Wednesday, January 1, 20141428000000104813000
Thursday, January 1, 20151451000000185828000
Friday, January 1, 20161540000000284200000
Sunday, January 1, 20171774000000347400000
Monday, January 1, 20182019000000400700000
Tuesday, January 1, 20192054000000539500000
Wednesday, January 1, 20202234000000768100000
Friday, January 1, 202124850000001140400000
Saturday, January 1, 202227710000001417700000
Sunday, January 1, 202331020000001604000000
Monday, January 1, 202432330000001809400000
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Unlocking the unknown

Innovation Investment: A Tale of Two Giants

In the ever-evolving tech landscape, innovation is the lifeblood of success. Over the past decade, Applied Materials, Inc. and Palo Alto Networks, Inc. have been at the forefront of this innovation race. From 2014 to 2024, Applied Materials consistently outpaced Palo Alto Networks in research and development (R&D) spending. By 2024, Applied Materials' R&D expenses surged by approximately 126% from 2014, reaching a peak of $3.23 billion. In contrast, Palo Alto Networks increased its R&D investment by a staggering 1,627%, yet its 2024 expenditure of $1.81 billion still lagged behind Applied Materials. This disparity highlights the different scales and strategies of these tech titans. While Palo Alto Networks shows rapid growth, Applied Materials maintains a steady lead, underscoring its commitment to innovation. As the tech world continues to evolve, these investments will shape the future of technology.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025