Cost of Revenue Comparison: Applied Materials, Inc. vs Atlassian Corporation

Cost of Revenue: A Tale of Two Companies

In the ever-evolving landscape of technology, Applied Materials, Inc. and Atlassian Corporation stand as titans in their respective fields. Over the past decade, from 2014 to 2024, these companies have showcased contrasting trajectories in their cost of revenue.

Applied Materials, Inc.: A Steady Climb

Applied Materials, a leader in materials engineering solutions, has seen its cost of revenue grow by approximately 173% over the decade. Starting at $5.2 billion in 2014, it reached a peak of $14.3 billion in 2024. This growth reflects the company's expanding operations and increased demand for its cutting-edge technologies.

Atlassian Corporation: A Rapid Rise

In contrast, Atlassian Corporation, known for its software development and collaboration tools, experienced a staggering 2,000% increase in its cost of revenue, from $37.9 million in 2014 to $803 million in 2024. This surge underscores Atlassian's aggressive market expansion and innovation-driven growth strategy.