Salesforce, Inc. and ON Semiconductor Corporation: A Detailed Gross Profit Analysis

Salesforce vs. ON Semiconductor: A Decade of Profit Growth

__timestampON Semiconductor CorporationSalesforce, Inc.
Wednesday, January 1, 201410849000003102575000
Thursday, January 1, 201511932000004084316000
Friday, January 1, 201612969000005012668000
Sunday, January 1, 201720338000006203000000
Monday, January 1, 201822387000007767000000
Tuesday, January 1, 201919736000009831000000
Wednesday, January 1, 2020171580000012863000000
Friday, January 1, 2021271430000015814000000
Saturday, January 1, 2022407720000019466000000
Sunday, January 1, 2023388350000022992000000
Monday, January 1, 2024321610000026316000000
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Unleashing insights

A Tale of Two Giants: Salesforce and ON Semiconductor

In the ever-evolving landscape of technology and innovation, Salesforce, Inc. and ON Semiconductor Corporation stand as titans in their respective domains. Over the past decade, these companies have demonstrated remarkable growth in gross profit, reflecting their strategic prowess and market adaptability.

Salesforce: A Meteoric Rise

Since 2014, Salesforce has seen its gross profit soar by over 750%, reaching a staggering $23 billion by 2023. This growth underscores Salesforce's dominance in the cloud computing sector, driven by its relentless focus on customer relationship management solutions.

ON Semiconductor: Steady and Strong

ON Semiconductor, while not matching Salesforce's explosive growth, has nonetheless doubled its gross profit since 2014. By 2023, it achieved a gross profit of nearly $4 billion, highlighting its critical role in the semiconductor industry, particularly in automotive and industrial applications.

The Missing Year

Interestingly, data for ON Semiconductor in 2024 is missing, leaving room for speculation about its future trajectory. Will it continue its upward trend, or face new challenges in the competitive semiconductor market?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025