Key Insights on Gross Profit: Applied Materials, Inc. vs Workday, Inc.

A Decade of Gross Profit Growth: Applied Materials, Inc. vs Workday, Inc.

In the ever-evolving landscape of technology, the financial performance of companies like Applied Materials, Inc. and Workday, Inc. offers a fascinating glimpse into their growth trajectories. Over the past decade, from 2014 to 2024, Applied Materials has demonstrated a robust increase in gross profit, surging by approximately 235%, from $3.8 billion to $12.9 billion. This growth underscores its dominant position in the semiconductor industry.

Conversely, Workday, Inc., a leader in enterprise cloud applications, has also shown impressive growth, with its gross profit expanding nearly 1,780%, from $292 million to $5.5 billion. This remarkable rise highlights the increasing demand for cloud-based solutions.

The data reveals a compelling narrative of two companies thriving in distinct sectors, yet both capitalizing on technological advancements to drive substantial financial gains.