Gross Profit Comparison: Applied Materials, Inc. and Cognizant Technology Solutions Corporation Trends

Tech Giants' Profit Trends: A Decade of Growth and Change

__timestampApplied Materials, Inc.Cognizant Technology Solutions Corporation
Wednesday, January 1, 201438430000004121563000
Thursday, January 1, 201539520000004975800000
Friday, January 1, 201645110000005379000000
Sunday, January 1, 201765320000005658000000
Monday, January 1, 201878170000006287000000
Tuesday, January 1, 201963860000006149000000
Wednesday, January 1, 202076920000005981000000
Friday, January 1, 2021109140000006903000000
Saturday, January 1, 2022119930000006980000000
Sunday, January 1, 2023123840000006689000000
Monday, January 1, 2024128970000006778000000
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Unlocking the unknown

A Tale of Two Giants: Gross Profit Trends in the Tech Industry

In the ever-evolving landscape of technology, Applied Materials, Inc. and Cognizant Technology Solutions Corporation have carved out significant niches. From 2014 to 2023, these industry titans have shown distinct trajectories in their gross profit margins. Applied Materials, Inc. has seen a remarkable growth, with its gross profit increasing by over 230% from 2014 to 2023. This upward trend highlights its robust market strategies and innovation-driven growth.

Conversely, Cognizant Technology Solutions Corporation has experienced a steadier, albeit slower, growth rate of approximately 62% over the same period. Despite a consistent upward trend, Cognizant's gross profit peaked in 2022, with a slight dip in 2023. This divergence in growth patterns underscores the dynamic nature of the tech industry, where strategic pivots and market adaptability are key. Notably, data for 2024 is missing for Cognizant, leaving room for speculation on its future performance.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025