Palo Alto Networks, Inc. or Analog Devices, Inc.: Who Invests More in Innovation?

Palo Alto vs. Analog Devices: R&D Investment Showdown

__timestampAnalog Devices, Inc.Palo Alto Networks, Inc.
Wednesday, January 1, 2014559686000104813000
Thursday, January 1, 2015637459000185828000
Friday, January 1, 2016653816000284200000
Sunday, January 1, 2017968602000347400000
Monday, January 1, 20181165410000400700000
Tuesday, January 1, 20191130348000539500000
Wednesday, January 1, 20201050519000768100000
Friday, January 1, 202112961260001140400000
Saturday, January 1, 202217005180001417700000
Sunday, January 1, 202316601940001604000000
Monday, January 1, 202414878630001809400000
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Innovation Investment: A Tale of Two Giants

In the ever-evolving tech landscape, innovation is the lifeblood of success. Palo Alto Networks, Inc. and Analog Devices, Inc. are two titans in this arena, each with a distinct approach to research and development (R&D) investments. Over the past decade, Analog Devices has consistently led the charge, with R&D expenses peaking at 1.7 billion in 2022, a 204% increase from 2014. Meanwhile, Palo Alto Networks has shown a remarkable growth trajectory, with a staggering 1,628% increase in R&D spending from 2014 to 2024, reaching nearly 1.8 billion. This trend underscores Palo Alto's aggressive push towards innovation, closing the gap with Analog Devices. As we look to the future, these investments will likely shape the competitive landscape, driving technological advancements and market leadership.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025