Cost of Revenue Trends: Broadcom Inc. vs Manhattan Associates, Inc.

Cost of Revenue Trends: A Tale of Two Companies

In the ever-evolving landscape of technology, Broadcom Inc. and Manhattan Associates, Inc. present a fascinating study in contrasts. Over the past decade, Broadcom has seen its cost of revenue skyrocket by over 700%, from approximately $2.4 billion in 2014 to an impressive $19 billion in 2024. This growth reflects Broadcom's aggressive expansion and strategic acquisitions, positioning it as a dominant player in the semiconductor industry.

Conversely, Manhattan Associates, a leader in supply chain solutions, has maintained a more stable trajectory. Its cost of revenue has hovered around $250 million annually, with a notable peak of $430 million in 2023. This stability underscores Manhattan's focus on efficiency and innovation in a niche market.

The data reveals a compelling narrative of growth and stability, offering insights into the strategic priorities of these two industry giants.