Gross Profit Analysis: Comparing Apple Inc. and Workday, Inc.

A Decade of Gross Profit Growth: Apple Inc. vs. Workday, Inc.

In the ever-evolving landscape of technology giants, Apple Inc. and Workday, Inc. have showcased remarkable growth in gross profit over the past decade. From 2014 to 2024, Apple Inc. has seen its gross profit soar by approximately 156%, reflecting its dominance in the consumer electronics market. In contrast, Workday, Inc., a leader in enterprise cloud applications, has experienced an impressive 1,780% increase in gross profit, albeit from a smaller base.

Key Insights

• Apple Inc.: Starting at $70.5 billion in 2014, Apple's gross profit reached a peak of $180.7 billion in 2024, underscoring its robust product ecosystem and brand loyalty.
• Workday, Inc.: With a modest beginning of $292 million in 2014, Workday's gross profit climbed to $5.5 billion by 2024, highlighting its expanding footprint in the enterprise software sector.

This analysis provides a fascinating glimpse into the financial trajectories of two distinct yet thriving companies.