Gross Profit Comparison: Broadcom Inc. and Intuit Inc. Trends

Broadcom vs. Intuit: A Decade of Profit Growth

__timestampBroadcom Inc.Intuit Inc.
Wednesday, January 1, 201418770000003838000000
Thursday, January 1, 201535530000003467000000
Friday, January 1, 201659400000003942000000
Sunday, January 1, 201785090000004368000000
Monday, January 1, 2018107330000004987000000
Tuesday, January 1, 2019124830000005617000000
Wednesday, January 1, 2020135160000006301000000
Friday, January 1, 2021168440000007950000000
Saturday, January 1, 20222209500000010320000000
Sunday, January 1, 20232469000000011225000000
Monday, January 1, 20243250900000012820000000
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Unlocking the unknown

A Decade of Growth: Broadcom Inc. vs. Intuit Inc.

In the ever-evolving tech industry, Broadcom Inc. and Intuit Inc. have showcased remarkable growth over the past decade. From 2014 to 2024, Broadcom's gross profit surged by an impressive 1,630%, reflecting its strategic acquisitions and expansion into new markets. Meanwhile, Intuit Inc. demonstrated a steady growth trajectory, with its gross profit increasing by approximately 234% during the same period, driven by its innovative financial software solutions.

Key Insights

  • Broadcom's Dominance: By 2024, Broadcom's gross profit is projected to reach over 2.5 times that of Intuit, highlighting its dominant position in the semiconductor industry.
  • Intuit's Consistency: Despite Broadcom's rapid growth, Intuit's consistent performance underscores its resilience and adaptability in the competitive software market.

This comparison not only highlights the dynamic nature of the tech industry but also underscores the importance of strategic growth and innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025