Cost of Revenue Comparison: Sony Group Corporation vs Fortinet, Inc.

Sony vs. Fortinet: A Decade of Revenue Cost Trends

__timestampFortinet, Inc.Sony Group Corporation
Wednesday, January 1, 20142310090005956211000000
Thursday, January 1, 20152867770006158134000000
Friday, January 1, 20163378370006074652000000
Sunday, January 1, 20173852840005663154000000
Monday, January 1, 20184504000006230422000000
Tuesday, January 1, 20195059000006263196000000
Wednesday, January 1, 20205700000005925049000000
Friday, January 1, 20217830000006561559000000
Saturday, January 1, 202210849000007219841000000
Sunday, January 1, 202312372000008398931000000
Monday, January 1, 202411576000009695687000000
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Infusing magic into the data realm

Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of global business, the cost of revenue is a critical metric that reflects a company's efficiency and market strategy. Over the past decade, Sony Group Corporation and Fortinet, Inc. have showcased contrasting trajectories in this regard.

Sony Group Corporation: A Steady Climb

From 2014 to 2023, Sony's cost of revenue has seen a consistent upward trend, growing by approximately 41%. This reflects Sony's expansive growth and strategic investments in technology and entertainment sectors. The year 2023 marked a significant milestone, with costs reaching nearly 8.4 trillion yen, a testament to its robust market presence.

Fortinet, Inc.: Rapid Expansion

Fortinet, on the other hand, has experienced a staggering 436% increase in its cost of revenue over the same period. This rapid growth underscores Fortinet's aggressive expansion in the cybersecurity domain, with 2023 costs peaking at over 1.2 billion dollars.

While both companies have shown growth, the data highlights their distinct paths and strategic priorities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025