Gross Profit Analysis: Comparing QUALCOMM Incorporated and Intuit Inc.

QUALCOMM vs. Intuit: A Decade of Profit Growth

__timestampIntuit Inc.QUALCOMM Incorporated
Wednesday, January 1, 2014383800000015801000000
Thursday, January 1, 2015346700000014903000000
Friday, January 1, 2016394200000013805000000
Sunday, January 1, 2017436800000012499000000
Monday, January 1, 2018498700000012488000000
Tuesday, January 1, 2019561700000015674000000
Wednesday, January 1, 2020630100000014276000000
Friday, January 1, 2021795000000019304000000
Saturday, January 1, 20221032000000025565000000
Sunday, January 1, 20231122500000019951000000
Monday, January 1, 20241282000000021902000000
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Infusing magic into the data realm

Gross Profit Trends: A Tale of Two Giants

In the ever-evolving landscape of technology, the financial performance of industry leaders like QUALCOMM Incorporated and Intuit Inc. offers a fascinating glimpse into their strategic prowess. Over the past decade, from 2014 to 2024, these two titans have showcased distinct trajectories in gross profit growth.

QUALCOMM, a stalwart in the semiconductor industry, has consistently maintained a robust gross profit, peaking in 2022 with a staggering 2.56 times its 2014 figure. Meanwhile, Intuit, a leader in financial software, has demonstrated impressive growth, with its gross profit in 2024 nearly tripling since 2014.

This analysis underscores the resilience and adaptability of these companies amidst market fluctuations. As we look to the future, the strategic decisions made by these giants will undoubtedly continue to shape the technological landscape.

Key Insights

  • QUALCOMM's gross profit peaked in 2022, marking a 62% increase from 2014.
  • Intuit's gross profit in 2024 is 3.3 times its 2014 value, reflecting steady growth.
  • Both companies have shown resilience, adapting to market changes over the decade.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025