Salesforce, Inc. and Cadence Design Systems, Inc.: A Detailed Gross Profit Analysis

Salesforce vs. Cadence: A Decade of Profit Growth

__timestampCadence Design Systems, Inc.Salesforce, Inc.
Wednesday, January 1, 201413572260003102575000
Thursday, January 1, 201514636380004084316000
Friday, January 1, 201615595910005012668000
Sunday, January 1, 201717056420006203000000
Monday, January 1, 201818792750007767000000
Tuesday, January 1, 201920699620009831000000
Wednesday, January 1, 2020237739300012863000000
Friday, January 1, 2021268123800015814000000
Saturday, January 1, 2022319009500019466000000
Sunday, January 1, 2023365494500022992000000
Monday, January 1, 2024443036200026316000000
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Unleashing the power of data

A Tale of Two Giants: Salesforce and Cadence Design Systems

In the ever-evolving landscape of technology, Salesforce, Inc. and Cadence Design Systems, Inc. have emerged as titans in their respective domains. Over the past decade, from 2014 to 2023, these companies have demonstrated remarkable growth in gross profit, a key indicator of financial health and operational efficiency.

Salesforce, a leader in cloud-based software, has seen its gross profit soar by over 640%, from approximately $3.1 billion in 2014 to an impressive $22.99 billion in 2023. This growth underscores Salesforce's strategic expansion and dominance in the CRM market.

Meanwhile, Cadence Design Systems, a pioneer in electronic design automation, has also experienced significant growth, with its gross profit increasing by nearly 170% over the same period. Despite missing data for 2024, Cadence's trajectory highlights its robust position in the semiconductor industry.

These trends not only reflect the companies' individual successes but also the broader technological advancements shaping the future.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025