Broadcom Inc. and Garmin Ltd.: A Comprehensive Revenue Analysis

Broadcom vs. Garmin: A Decade of Revenue Growth

__timestampBroadcom Inc.Garmin Ltd.
Wednesday, January 1, 201442690000002870658000
Thursday, January 1, 201568240000002820270000
Friday, January 1, 2016132400000003018665000
Sunday, January 1, 2017176360000003087004000
Monday, January 1, 2018208480000003347444000
Tuesday, January 1, 2019225970000003757505000
Wednesday, January 1, 2020238880000004186573000
Friday, January 1, 2021274500000004982795000
Saturday, January 1, 2022332030000004860286000
Sunday, January 1, 2023358190000005228252000
Monday, January 1, 2024515740000006296903000
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Infusing magic into the data realm

A Tale of Two Giants: Broadcom Inc. vs. Garmin Ltd.

In the ever-evolving landscape of technology, Broadcom Inc. and Garmin Ltd. have carved distinct niches. Over the past decade, Broadcom's revenue has skyrocketed, showcasing a remarkable growth trajectory. From 2014 to 2023, Broadcom's revenue surged by over 700%, reflecting its dominance in the semiconductor industry. In contrast, Garmin Ltd., a leader in GPS technology, experienced a steady yet modest growth of around 80% during the same period.

Revenue Trends and Insights

Broadcom's revenue growth is a testament to its strategic acquisitions and expansion into new markets. By 2023, its revenue reached an impressive 35 billion, a stark contrast to its 4 billion in 2014. Meanwhile, Garmin's revenue, though smaller, consistently grew, peaking at 5.2 billion in 2023. The data for 2024 remains incomplete, highlighting the dynamic nature of these industries. This analysis underscores the diverse strategies and market positions of these two tech titans.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025