Comparing Innovation Spending: Palo Alto Networks, Inc. and Hewlett Packard Enterprise Company

Tech Giants' R&D Spending: A Decade of Innovation

__timestampHewlett Packard Enterprise CompanyPalo Alto Networks, Inc.
Wednesday, January 1, 20142197000000104813000
Thursday, January 1, 20152338000000185828000
Friday, January 1, 20162298000000284200000
Sunday, January 1, 20171486000000347400000
Monday, January 1, 20181663000000400700000
Tuesday, January 1, 20191842000000539500000
Wednesday, January 1, 20201874000000768100000
Friday, January 1, 202119790000001140400000
Saturday, January 1, 202220450000001417700000
Sunday, January 1, 202323490000001604000000
Monday, January 1, 202422460000001809400000
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Unlocking the unknown

Innovation Spending: A Tale of Two Tech Giants

In the ever-evolving landscape of technology, innovation is the lifeblood that fuels growth and competitiveness. Over the past decade, Palo Alto Networks, Inc. and Hewlett Packard Enterprise Company have demonstrated contrasting approaches to research and development (R&D) spending. From 2014 to 2024, Hewlett Packard Enterprise consistently invested heavily in R&D, with expenditures peaking at approximately $2.35 billion in 2023. This represents a steady commitment to innovation, with an average annual increase of around 1%.

Conversely, Palo Alto Networks, Inc. has shown a remarkable growth trajectory in its R&D spending, skyrocketing from a modest $105 million in 2014 to an impressive $1.81 billion in 2024. This represents an astounding 1,620% increase over the decade, highlighting the company's aggressive push towards innovation. As these two tech giants continue to shape the future, their R&D investments offer a glimpse into their strategic priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025