Cost of Revenue: Oracle vs. Applied Materials

A Decade of Financial Evolution

Over the past decade, Oracle Corporation and Applied Materials, Inc. have showcased intriguing trends in their cost of revenue. From 2014 to 2024, Oracle's cost of revenue has seen a steady increase, peaking at approximately $15.1 billion in 2024, marking a 109% rise from its 2014 figures. Meanwhile, Applied Materials experienced a more dramatic growth, with its cost of revenue surging by 173% over the same period, reaching around $14.3 billion in 2024.

Key Insights

Oracle's cost of revenue remained relatively stable until 2022, when it began to climb significantly. In contrast, Applied Materials saw a consistent upward trajectory, particularly from 2020 onwards. This divergence highlights the differing operational strategies and market conditions faced by these tech giants. As we move forward, these trends offer valuable insights into the evolving landscape of the technology sector.