Gross Profit Analysis: Comparing QUALCOMM Incorporated and Palo Alto Networks, Inc.

QUALCOMM vs. Palo Alto: A Decade of Profit Trends

__timestampPalo Alto Networks, Inc.QUALCOMM Incorporated
Wednesday, January 1, 201443855100015801000000
Thursday, January 1, 201567655300014903000000
Friday, January 1, 2016100850000013805000000
Sunday, January 1, 2017128500000012499000000
Monday, January 1, 2018162780000012488000000
Tuesday, January 1, 2019209120000015674000000
Wednesday, January 1, 2020240890000014276000000
Friday, January 1, 2021298120000019304000000
Saturday, January 1, 2022378280000025565000000
Sunday, January 1, 2023498300000019951000000
Monday, January 1, 2024596830000121902000000
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Cracking the code

Gross Profit Trends: A Tale of Two Giants

In the ever-evolving landscape of technology, the financial performance of industry leaders offers a window into broader market trends. Over the past decade, QUALCOMM Incorporated and Palo Alto Networks, Inc. have showcased distinct trajectories in their gross profit margins. From 2014 to 2024, QUALCOMM's gross profit has seen fluctuations, peaking in 2022 with a 62% increase from its 2017 low. Meanwhile, Palo Alto Networks has demonstrated a robust growth pattern, with its gross profit surging by over 1,260% from 2014 to 2024. This stark contrast highlights QUALCOMM's established market presence and Palo Alto's dynamic expansion in the cybersecurity sector. As we look to the future, these trends underscore the importance of innovation and strategic positioning in maintaining competitive advantage.

Key Insights

  • QUALCOMM's gross profit peaked in 2022.
  • Palo Alto Networks' profit grew over 1,260% in a decade.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025