Cost of Revenue Comparison: Accenture plc vs II-VI Incorporated

Cost of Revenue: A Tale of Two Companies

In the ever-evolving landscape of global business, understanding the cost of revenue is crucial for evaluating a company's financial health. This chart offers a fascinating comparison between Accenture plc and II-VI Incorporated from 2014 to 2023.

Accenture plc: A Steady Climb

Accenture plc, a leader in consulting and professional services, has seen a consistent rise in its cost of revenue over the years. From 2014 to 2023, Accenture's cost of revenue increased by nearly 97%, reflecting its expanding operations and market reach. The most significant jump occurred between 2021 and 2022, with a 23% increase, highlighting a period of rapid growth.

II-VI Incorporated: A Dynamic Journey

II-VI Incorporated, a key player in engineered materials and optoelectronic components, experienced a more volatile trajectory. From 2014 to 2023, its cost of revenue surged by over 670%, with the most dramatic rise between 2022 and 2023, indicating strategic investments and market expansion.

While Accenture's data for 2024 is available, II-VI's is not, leaving room for speculation on its future financial strategies.