Gross Profit Comparison: Broadcom Inc. and Block, Inc. Trends

Broadcom vs. Block: A Decade of Profit Growth

__timestampBlock, Inc.Broadcom Inc.
Wednesday, January 1, 20142260740001877000000
Thursday, January 1, 20153700300003553000000
Friday, January 1, 20165760380005940000000
Sunday, January 1, 20178393060008509000000
Monday, January 1, 2018130370000010733000000
Tuesday, January 1, 2019188968500012483000000
Wednesday, January 1, 2020273340900013516000000
Friday, January 1, 2021441982300016844000000
Saturday, January 1, 2022599189200022095000000
Sunday, January 1, 2023750488600024690000000
Monday, January 1, 202432509000000
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Cracking the code

A Tale of Two Giants: Broadcom Inc. vs. Block, Inc.

In the ever-evolving landscape of technology, Broadcom Inc. and Block, Inc. have emerged as titans, each carving out a unique niche. Over the past decade, Broadcom's gross profit has surged by an impressive 1,200%, reflecting its robust growth and strategic acquisitions. In contrast, Block, Inc., known for its innovative financial solutions, has seen its gross profit skyrocket by over 3,200% since 2014, showcasing its rapid expansion and market penetration.

While Broadcom's profits consistently outpace Block's, the latter's growth trajectory is noteworthy, highlighting its potential to disrupt traditional financial systems. As of 2023, Broadcom's gross profit stands at approximately 2.5 times that of Block's, underscoring its dominance in the semiconductor industry. However, with Block's aggressive growth strategy, the gap may narrow in the coming years. Missing data for 2024 suggests an exciting year ahead, with potential shifts in market dynamics.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025