Cost of Revenue Comparison: Splunk Inc. vs Manhattan Associates, Inc.

Cost of Revenue: A Tale of Two Companies

In the ever-evolving tech landscape, understanding cost efficiency is crucial. This chart offers a fascinating glimpse into the cost of revenue trends for Splunk Inc. and Manhattan Associates, Inc. over the past decade. From 2014 to 2023, Splunk Inc. has seen a staggering increase in its cost of revenue, growing by over 2,200%, reflecting its aggressive expansion and investment in cloud services. In contrast, Manhattan Associates, Inc. has maintained a more stable trajectory, with a 102% increase over the same period, showcasing its steady growth in supply chain solutions.

By 2023, Splunk's cost of revenue was nearly double that of Manhattan Associates, highlighting the different strategic paths these companies have taken. However, the data for 2024 shows a missing value for Manhattan Associates, indicating a potential shift or reporting anomaly. This comparison underscores the diverse strategies in the tech industry and their financial implications.