Revenue Showdown: Palo Alto Networks, Inc. vs Cognizant Technology Solutions Corporation

Tech Titans' Revenue Battle: Palo Alto vs. Cognizant

__timestampCognizant Technology Solutions CorporationPalo Alto Networks, Inc.
Wednesday, January 1, 201410262681000598179000
Thursday, January 1, 201512416000000928052000
Friday, January 1, 2016134870000001378500000
Sunday, January 1, 2017148100000001761600000
Monday, January 1, 2018161250000002273100000
Tuesday, January 1, 2019167830000002899600000
Wednesday, January 1, 2020166520000003408400000
Friday, January 1, 2021185070000004256100000
Saturday, January 1, 2022194280000005501500000
Sunday, January 1, 2023193530000006892700000
Monday, January 1, 2024197360000008027500000
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Unveiling the hidden dimensions of data

Revenue Showdown: A Tale of Two Tech Giants

In the ever-evolving tech landscape, Palo Alto Networks, Inc. and Cognizant Technology Solutions Corporation have emerged as formidable players. Over the past decade, Cognizant has consistently outpaced Palo Alto in revenue, boasting a 2023 revenue of approximately $19.4 billion, a 90% increase from 2014. Meanwhile, Palo Alto Networks has shown impressive growth, with its revenue surging by over 1,000% from 2014 to 2023, reaching nearly $6.9 billion. This remarkable growth trajectory highlights Palo Alto's aggressive expansion in cybersecurity solutions. Despite Cognizant's larger revenue base, Palo Alto's rapid growth underscores its strategic positioning in a high-demand sector. As we look to the future, the missing 2024 data for Cognizant leaves room for speculation, while Palo Alto's continued upward trend suggests a promising outlook. This revenue showdown not only reflects the dynamic nature of the tech industry but also sets the stage for future competition.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025