Broadcom Inc. or Pure Storage, Inc.: Who Invests More in Innovation?

Broadcom vs. Pure Storage: A Decade of R&D Investment

__timestamp	Broadcom Inc.	Pure Storage, Inc.
Wednesday, January 1, 2014	695000000	36081000
Thursday, January 1, 2015	1049000000	92707000
Friday, January 1, 2016	2674000000	166645000
Sunday, January 1, 2017	3292000000	245817000
Monday, January 1, 2018	3768000000	279196000
Tuesday, January 1, 2019	4696000000	349936000
Wednesday, January 1, 2020	4968000000	433662000
Friday, January 1, 2021	4854000000	480467000
Saturday, January 1, 2022	4919000000	581935000
Sunday, January 1, 2023	5253000000	692528000
Monday, January 1, 2024	9310000000	736764000

Igniting the spark of knowledge

Innovation Investment: Broadcom Inc. vs. Pure Storage, Inc.

In the ever-evolving tech landscape, innovation is the key to staying ahead. Broadcom Inc. and Pure Storage, Inc. are two giants in the industry, each with a unique approach to research and development (R&D). Over the past decade, Broadcom has consistently outpaced Pure Storage in R&D spending, with a staggering 1,200% increase from 2014 to 2024. In contrast, Pure Storage has shown a commendable growth of over 1,900% in the same period, albeit from a smaller base.

Broadcom's R&D expenses peaked in 2024, reaching nearly 9.31 billion, a testament to its commitment to innovation. Meanwhile, Pure Storage's investment, though smaller, has steadily grown, highlighting its strategic focus on innovation. This data underscores the importance of R&D in maintaining a competitive edge in the tech industry.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025