Gross Profit Analysis: Comparing Palo Alto Networks, Inc. and Seagate Technology Holdings plc

Tech Giants' Profit Trends: A Decade of Change

__timestampPalo Alto Networks, Inc.Seagate Technology Holdings plc
Wednesday, January 1, 20144385510003846000000
Thursday, January 1, 20156765530003809000000
Friday, January 1, 201610085000002615000000
Sunday, January 1, 201712850000003174000000
Monday, January 1, 201816278000003364000000
Tuesday, January 1, 201920912000002932000000
Wednesday, January 1, 202024089000002842000000
Friday, January 1, 202129812000002917000000
Saturday, January 1, 202237828000003469000000
Sunday, January 1, 202349830000001351000000
Monday, January 1, 202459683000011546000000
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Igniting the spark of knowledge

Gross Profit Trends: Palo Alto Networks vs. Seagate Technology

In the ever-evolving landscape of technology, financial performance is a key indicator of a company's resilience and growth. Over the past decade, Palo Alto Networks, Inc. has demonstrated a remarkable upward trajectory in gross profit, growing by over 1,260% from 2014 to 2024. This growth reflects the company's strategic focus on cybersecurity solutions, which have become increasingly vital in today's digital age.

Conversely, Seagate Technology Holdings plc, a stalwart in data storage solutions, has experienced a more volatile journey. While its gross profit peaked in 2014, it has since seen a decline of approximately 60% by 2024. This shift underscores the challenges faced by traditional hardware companies in adapting to the cloud-driven market.

These contrasting trends highlight the dynamic nature of the tech industry, where innovation and adaptability are crucial for sustained success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025