Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of technology and semiconductor industries, understanding cost dynamics is crucial. Over the past decade, Salesforce, Inc. and ON Semiconductor Corporation have showcased distinct trajectories in their cost of revenue. From 2014 to 2023, Salesforce's cost of revenue surged by approximately 764%, reflecting its aggressive expansion and scaling strategies. In contrast, ON Semiconductor's cost of revenue grew by about 110%, indicating steady growth in the semiconductor sector.

A Decade of Growth

Salesforce's cost of revenue increased from around $968 million in 2014 to over $8.36 billion in 2023, highlighting its dominance in the cloud computing space. Meanwhile, ON Semiconductor's cost of revenue rose from $2.08 billion to $4.37 billion, underscoring its resilience in a competitive market. Notably, data for 2024 is incomplete, suggesting ongoing developments in these industries.

These insights offer a glimpse into the strategic maneuvers of two industry leaders, each navigating their unique challenges and opportunities.