Gross Profit Analysis: Comparing Salesforce, Inc. and International Business Machines Corporation

Salesforce's meteoric rise against IBM's steady decline.

__timestampInternational Business Machines CorporationSalesforce, Inc.
Wednesday, January 1, 2014464070000003102575000
Thursday, January 1, 2015406840000004084316000
Friday, January 1, 2016385160000005012668000
Sunday, January 1, 2017369430000006203000000
Monday, January 1, 2018369360000007767000000
Tuesday, January 1, 2019315330000009831000000
Wednesday, January 1, 20203086500000012863000000
Friday, January 1, 20213148600000015814000000
Saturday, January 1, 20223268700000019466000000
Sunday, January 1, 20233430000000022992000000
Monday, January 1, 20243555100000026316000000
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In pursuit of knowledge

Gross Profit Trends: Salesforce vs. IBM

In the ever-evolving landscape of technology giants, Salesforce, Inc. and International Business Machines Corporation (IBM) have showcased contrasting trajectories in gross profit over the past decade. From 2014 to 2024, IBM's gross profit has seen a decline of approximately 23%, starting from a peak in 2014 and gradually decreasing until a slight recovery in 2023. In contrast, Salesforce has experienced a remarkable growth of over 750% in the same period, reflecting its aggressive expansion and innovation strategies.

A Decade of Change

IBM, a stalwart in the tech industry, faced challenges adapting to the rapid shifts in technology, while Salesforce capitalized on the cloud revolution. By 2024, Salesforce's gross profit is projected to reach nearly 75% of IBM's, a significant leap from just 7% in 2014. This data underscores the dynamic nature of the tech industry and the importance of agility and innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025