Revenue Showdown: Applied Materials, Inc. vs Garmin Ltd.

Tech Titans' Revenue Battle: Applied Materials vs. Garmin

__timestampApplied Materials, Inc.Garmin Ltd.
Wednesday, January 1, 201490720000002870658000
Thursday, January 1, 201596590000002820270000
Friday, January 1, 2016108250000003018665000
Sunday, January 1, 2017145370000003087004000
Monday, January 1, 2018172530000003347444000
Tuesday, January 1, 2019146080000003757505000
Wednesday, January 1, 2020172020000004186573000
Friday, January 1, 2021230630000004982795000
Saturday, January 1, 2022257850000004860286000
Sunday, January 1, 2023265170000005228252000
Monday, January 1, 2024271760000006296903000
Loading chart...

In pursuit of knowledge

Revenue Showdown: A Tale of Two Giants

In the ever-evolving landscape of technology and innovation, Applied Materials, Inc. and Garmin Ltd. have carved distinct niches. Over the past decade, from 2014 to 2023, Applied Materials has seen its revenue soar by nearly 200%, reflecting its pivotal role in the semiconductor industry. In contrast, Garmin Ltd., a leader in GPS technology, has experienced a steady growth of around 82% during the same period.

A Decade of Growth

Applied Materials' revenue surged from approximately $9 billion in 2014 to over $26 billion in 2023, showcasing its dominance in the market. Meanwhile, Garmin's revenue climbed from about $2.9 billion to $5.2 billion, highlighting its resilience and adaptability in a competitive tech landscape. Notably, 2024 data for Garmin is missing, leaving room for speculation on its future trajectory.

This revenue showdown underscores the dynamic nature of the tech industry, where innovation and strategic positioning are key to sustained growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025