Cost of Revenue: A Tale of Two Companies

A Decade of Financial Evolution

In the ever-evolving landscape of technology, Applied Materials, Inc. and Trimble Inc. have showcased distinct trajectories in their cost of revenue over the past decade. From 2014 to 2023, Applied Materials experienced a remarkable 171% increase in its cost of revenue, peaking at approximately $14.1 billion in 2023. This growth reflects the company's expanding footprint in the semiconductor industry, driven by innovation and increased demand.

Conversely, Trimble Inc. has maintained a more stable cost structure, with a modest 42% increase over the same period, reaching around $1.57 billion in 2023. This stability underscores Trimble's strategic focus on efficiency and precision in its geospatial and construction technology solutions.

While Applied Materials' cost of revenue surged, Trimble's consistent approach highlights the diverse strategies within the tech sector, each tailored to unique market demands and opportunities.