Comparing Revenue Performance: Oracle Corporation or NetApp, Inc.?

Oracle's Revenue Dominance Over NetApp: A Decade in Review

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Unleashing the power of data

Oracle vs. NetApp: A Revenue Showdown

In the ever-evolving tech industry, Oracle Corporation and NetApp, Inc. have been key players, each carving out a niche in the market. From 2014 to 2024, Oracle's revenue has consistently outpaced NetApp's, showcasing its dominance in the sector. In 2023, Oracle's revenue surged to approximately $50 billion, marking a 30% increase from 2014. Meanwhile, NetApp's revenue hovered around $6.4 billion in 2023, reflecting a modest 1% growth over the same period.

A Decade of Growth

Oracle's strategic acquisitions and cloud innovations have fueled its growth, while NetApp has focused on data management solutions. Despite the disparity in revenue, both companies have shown resilience and adaptability in a competitive landscape. As we look to 2024, Oracle's projected revenue of over $52 billion suggests continued growth, while NetApp's steady performance highlights its role as a reliable player in data storage solutions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025