Salesforce, Inc. and Cognizant Technology Solutions Corporation: A Detailed Gross Profit Analysis

Salesforce vs. Cognizant: A Decade of Gross Profit Growth

__timestampCognizant Technology Solutions CorporationSalesforce, Inc.
Wednesday, January 1, 201441215630003102575000
Thursday, January 1, 201549758000004084316000
Friday, January 1, 201653790000005012668000
Sunday, January 1, 201756580000006203000000
Monday, January 1, 201862870000007767000000
Tuesday, January 1, 201961490000009831000000
Wednesday, January 1, 2020598100000012863000000
Friday, January 1, 2021690300000015814000000
Saturday, January 1, 2022698000000019466000000
Sunday, January 1, 2023668900000022992000000
Monday, January 1, 2024677800000026316000000
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Igniting the spark of knowledge

A Tale of Two Tech Giants: Salesforce vs. Cognizant

In the ever-evolving tech landscape, Salesforce, Inc. and Cognizant Technology Solutions Corporation have emerged as formidable players. Over the past decade, Salesforce has consistently outpaced Cognizant in gross profit growth. From 2014 to 2023, Salesforce's gross profit surged by approximately 640%, reaching a peak in 2023. In contrast, Cognizant's growth was more modest, with a 62% increase over the same period.

Key Insights

  • Salesforce's Meteoric Rise: By 2023, Salesforce's gross profit was nearly 3.5 times that of Cognizant, highlighting its dominant market position.
  • Cognizant's Steady Climb: Despite slower growth, Cognizant maintained a stable trajectory, peaking in 2022.
  • Future Projections: With Salesforce's 2024 data missing, the tech world eagerly anticipates whether this trend will continue.

This analysis underscores the dynamic nature of the tech industry, where innovation and strategic foresight drive success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025