Salesforce, Inc. and Seagate Technology Holdings plc: A Detailed Gross Profit Analysis

Salesforce's growth outpaces Seagate's in a decade-long profit analysis.

__timestampSalesforce, Inc.Seagate Technology Holdings plc
Wednesday, January 1, 201431025750003846000000
Thursday, January 1, 201540843160003809000000
Friday, January 1, 201650126680002615000000
Sunday, January 1, 201762030000003174000000
Monday, January 1, 201877670000003364000000
Tuesday, January 1, 201998310000002932000000
Wednesday, January 1, 2020128630000002842000000
Friday, January 1, 2021158140000002917000000
Saturday, January 1, 2022194660000003469000000
Sunday, January 1, 2023229920000001351000000
Monday, January 1, 2024263160000001546000000
Loading chart...

Unveiling the hidden dimensions of data

A Tale of Two Giants: Salesforce vs. Seagate

In the ever-evolving landscape of technology, Salesforce, Inc. and Seagate Technology Holdings plc have carved distinct paths. Over the past decade, Salesforce has seen its gross profit skyrocket by over 750%, reflecting its dominance in the cloud computing sector. In contrast, Seagate's gross profit has experienced a modest decline of around 60%, highlighting the challenges faced by traditional hardware companies in a software-driven world.

Salesforce's Meteoric Rise

From 2014 to 2024, Salesforce's gross profit surged from approximately $3.1 billion to $26.3 billion, showcasing its strategic expansion and innovation in customer relationship management solutions.

Seagate's Steady Course

Seagate, a stalwart in data storage, saw its gross profit peak in 2014 at $3.8 billion, only to dip to $1.5 billion by 2024. This trend underscores the shifting demand from physical storage to cloud-based solutions.

Conclusion

This analysis offers a compelling snapshot of how two industry leaders navigate the dynamic tech landscape, each with unique challenges and opportunities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025