R&D Spending Showdown: Salesforce, Inc. vs Gen Digital Inc.

Salesforce's R&D surge vs. Gen Digital's decline: A decade in review.

__timestampGen Digital Inc.Salesforce, Inc.
Wednesday, January 1, 20141038000000623798000
Thursday, January 1, 20151144000000792917000
Friday, January 1, 2016748000000946300000
Sunday, January 1, 20178230000001208000000
Monday, January 1, 20189570000001553000000
Tuesday, January 1, 20199130000001886000000
Wednesday, January 1, 20203280000002766000000
Friday, January 1, 20212670000003598000000
Saturday, January 1, 20222530000004465000000
Sunday, January 1, 20233130000005055000000
Monday, January 1, 20243320000004906000000
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Unlocking the unknown

The Evolution of R&D Spending: Salesforce vs. Gen Digital

In the ever-evolving tech landscape, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Salesforce, Inc. and Gen Digital Inc. have showcased contrasting trajectories in their R&D investments.

From 2014 to 2023, Salesforce's R&D expenses surged by over 700%, peaking in 2023 with a staggering $5 billion. This growth underscores Salesforce's relentless pursuit of technological advancement and market leadership. In contrast, Gen Digital's R&D spending witnessed a significant decline, dropping by nearly 70% from its 2015 peak. This reduction may reflect strategic shifts or financial constraints.

The data highlights a pivotal trend: while Salesforce has consistently ramped up its R&D efforts, Gen Digital has taken a more conservative approach. As the tech industry continues to innovate, these spending patterns could shape the future competitive landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025