Cost of Revenue Comparison: ASML Holding N.V. vs HubSpot, Inc.

Cost of Revenue: A Tale of Two Companies

In the ever-evolving landscape of global technology, ASML Holding N.V. and HubSpot, Inc. stand as titans in their respective fields. Over the past decade, ASML, a leader in semiconductor manufacturing, has seen its cost of revenue soar by nearly 300%, from approximately $3.4 billion in 2014 to $13.4 billion in 2023. This growth underscores the increasing demand for advanced chip-making technologies.

Conversely, HubSpot, a pioneer in inbound marketing software, has experienced a more modest yet significant increase of around 830% in its cost of revenue, rising from $37 million in 2014 to $345 million in 2023. This reflects the burgeoning need for digital marketing solutions in a rapidly digitizing world.

These trends highlight the contrasting scales and growth trajectories of two industry leaders, each navigating the complexities of their markets with distinct strategies.