Cost of Revenue Comparison: Oracle Corporation vs Nokia Oyj

Cost of Revenue: Oracle vs. Nokia

In the ever-evolving tech landscape, Oracle Corporation and Nokia Oyj have been pivotal players. From 2014 to 2023, Nokia's cost of revenue has shown a remarkable 92% increase, peaking in 2016 with a 115% surge compared to 2014. Meanwhile, Oracle's cost of revenue remained relatively stable, with a notable 19% rise in 2023 compared to 2014. Interestingly, both companies reached a similar cost of revenue in 2023, highlighting a convergence in their financial strategies. This trend underscores Nokia's aggressive expansion and Oracle's steady growth. The data for 2024 is incomplete, but Oracle's projected figures suggest a continued upward trajectory. This comparison offers a fascinating glimpse into the financial dynamics of two tech giants over a decade, reflecting their strategic priorities and market responses.