Cost of Revenue Comparison: Applied Materials, Inc. vs CyberArk Software Ltd.

Cost of Revenue: A Tale of Two Companies

In the ever-evolving landscape of technology, understanding the cost of revenue is crucial for investors and analysts alike. Applied Materials, Inc., a leader in materials engineering solutions, and CyberArk Software Ltd., a pioneer in cybersecurity, present a fascinating contrast in their financial journeys from 2014 to 2023.

Applied Materials, Inc.

Over the past decade, Applied Materials has seen a robust growth trajectory, with its cost of revenue increasing by approximately 173%, from $5.2 billion in 2014 to an impressive $14.1 billion in 2023. This growth reflects the company's expanding operations and its pivotal role in the semiconductor industry.

CyberArk Software Ltd.

In contrast, CyberArk's cost of revenue, while significantly smaller, has grown by over 960% during the same period, from $14.7 million to $156 million. This surge underscores the rising importance of cybersecurity in a digital-first world.

While Applied Materials' data for 2024 is available, CyberArk's is notably absent, highlighting the dynamic nature of financial reporting.