Cost of Revenue Trends: Broadcom Inc. vs CyberArk Software Ltd.

Cost of Revenue Trends: A Tale of Two Tech Giants

In the ever-evolving tech landscape, understanding cost dynamics is crucial. Broadcom Inc. and CyberArk Software Ltd. offer a fascinating study in contrasts. From 2014 to 2023, Broadcom's cost of revenue surged by over 700%, peaking at nearly $19 billion in 2024. This reflects its aggressive expansion and market dominance. Meanwhile, CyberArk's costs grew by over 1,000%, reaching approximately $156 million in 2023, highlighting its strategic investments in cybersecurity.

Broadcom's Growth Trajectory

Broadcom's consistent rise in costs, especially post-2016, underscores its strategic acquisitions and scaling efforts. By 2023, its cost of revenue was nearly 100 times that of CyberArk, showcasing its vast operational scale.

CyberArk's Strategic Investments

CyberArk's cost increase, though smaller in absolute terms, indicates a focused investment in niche cybersecurity solutions, crucial in today's digital age.

This data reveals the distinct paths these companies have taken, reflecting broader industry trends.