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

SAP vs. Cadence: A Decade of Profit Growth

__timestampCadence Design Systems, Inc.SAP SE
Wednesday, January 1, 2014135722600012289000000
Thursday, January 1, 2015146363800014167000000
Friday, January 1, 2016155959100015492000000
Sunday, January 1, 2017170564200016409000000
Monday, January 1, 2018187927500017246000000
Tuesday, January 1, 2019206996200019202000000
Wednesday, January 1, 2020237739300019452000000
Friday, January 1, 2021268123800019894000000
Saturday, January 1, 2022319009500021936000000
Sunday, January 1, 2023365494500022603000000
Monday, January 1, 2024443036200025012000000
Loading chart...

Igniting the spark of knowledge

A Decade of Gross Profit Growth: SAP SE vs. Cadence Design Systems, Inc.

In the ever-evolving landscape of global technology, SAP SE and Cadence Design Systems, Inc. have emerged as formidable players. Over the past decade, from 2014 to 2023, both companies have demonstrated impressive growth in gross profit, reflecting their strategic prowess and market adaptability.

SAP SE, a titan in enterprise software, has seen its gross profit soar by approximately 84%, reaching a peak in 2023. This growth underscores SAP's ability to innovate and expand its market share in a competitive industry. Meanwhile, Cadence Design Systems, Inc., a leader in electronic design automation, has experienced a remarkable 169% increase in gross profit over the same period. This surge highlights Cadence's successful expansion into new markets and its commitment to technological advancement.

As we delve into this data, it becomes evident that both companies are not just surviving but thriving, setting benchmarks for others in the tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025