Cost of Revenue Comparison: Corning Incorporated vs Pure Storage, Inc.

Cost of Revenue: A Tale of Two Companies

In the ever-evolving landscape of technology and manufacturing, Corning Incorporated and Pure Storage, Inc. present a fascinating study in contrasts. Over the past decade, Corning's cost of revenue has shown a steady upward trajectory, peaking in 2022 with a 71% increase from 2014. Meanwhile, Pure Storage, a relative newcomer, has seen its cost of revenue skyrocket by over 3,400% since 2014, reflecting its rapid growth and expansion in the data storage sector.

A Decade of Change

From 2014 to 2023, Corning's cost of revenue grew consistently, with a notable jump in 2021, reaching nearly 9 billion. In contrast, Pure Storage's cost of revenue, though much smaller in absolute terms, surged from a modest 24 million in 2014 to over 855 million in 2023. This dramatic rise underscores the dynamic nature of the tech industry, where innovation drives both opportunity and cost.