A Tale of Two Giants: Applied Materials vs. Atlassian

In the ever-evolving landscape of technology, two companies stand out for their impressive revenue growth over the past decade: Applied Materials, Inc. and Atlassian Corporation. From 2014 to 2024, Applied Materials has seen its revenue nearly triple, showcasing a robust growth trajectory. Starting at approximately $9 billion in 2014, it soared to over $27 billion by 2024, reflecting a consistent annual growth rate of around 12%.

Meanwhile, Atlassian Corporation, a leader in software development tools, has experienced an even more dramatic rise. From a modest $215 million in 2014, its revenue has skyrocketed to over $4 billion in 2024, marking an astounding growth rate of nearly 40% annually. This comparison highlights the dynamic nature of the tech industry, where both hardware and software sectors are thriving, albeit at different scales and paces.