Gross Profit Trends Compared: Oracle Corporation vs Pure Storage, Inc.

Oracle vs. Pure Storage: A Decade of Financial Growth

__timestampOracle CorporationPure Storage, Inc.
Wednesday, January 1, 20143103900000018604000
Thursday, January 1, 20153069400000096899000
Friday, January 1, 201629568000000272440000
Sunday, January 1, 201730276000000475698000
Monday, January 1, 201831771000000669238000
Tuesday, January 1, 201931511000000902296000
Wednesday, January 1, 2020311300000001133554000
Friday, January 1, 2021326240000001148924000
Saturday, January 1, 2022335630000001472519000
Sunday, January 1, 2023363900000001897646000
Monday, January 1, 2024378180000002021191000
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Cracking the code

Gross Profit Trends: Oracle vs. Pure Storage

In the ever-evolving tech industry, understanding financial trends is crucial. Over the past decade, Oracle Corporation has consistently demonstrated robust financial health, with its gross profit growing by approximately 22% from 2014 to 2024. In contrast, Pure Storage, Inc., a relatively newer player, has shown impressive growth, with its gross profit skyrocketing by over 10,000% in the same period. This stark difference highlights Oracle's established market presence and Pure Storage's rapid expansion.

A Decade of Growth

Oracle's gross profit peaked in 2024, reaching nearly 38 billion, while Pure Storage's growth trajectory suggests a promising future, with its gross profit surpassing 2 billion. These trends underscore the dynamic nature of the tech sector, where established giants and emerging innovators coexist, each carving out their niche. As we look to the future, these companies' financial strategies will be pivotal in shaping the industry's landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025