Who Generates Higher Gross Profit? Palo Alto Networks, Inc. or PTC Inc.

Palo Alto Networks vs. PTC Inc.: Gross Profit Battle

__timestampPTC Inc.Palo Alto Networks, Inc.
Wednesday, January 1, 2014983284000438551000
Thursday, January 1, 2015920508000676553000
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Tuesday, January 1, 20199302530002091200000
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Sunday, January 1, 202316560470004983000000
Monday, January 1, 202418116380005968300001
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In pursuit of knowledge

A Tale of Two Tech Titans: Gross Profit Showdown

In the ever-evolving landscape of technology, Palo Alto Networks, Inc. and PTC Inc. have emerged as formidable players. Over the past decade, these companies have demonstrated remarkable growth in gross profit, a key indicator of financial health. From 2014 to 2024, Palo Alto Networks has consistently outpaced PTC Inc., with a staggering 1,260% increase in gross profit, reaching nearly $6 billion by 2024. In contrast, PTC Inc. has seen a more modest growth of 84%, culminating in a gross profit of approximately $1.8 billion. This trend highlights Palo Alto Networks' aggressive expansion and market penetration, particularly in cybersecurity, while PTC Inc. maintains steady growth in its software solutions. As we look to the future, the question remains: will PTC Inc. close the gap, or will Palo Alto Networks continue to dominate the gross profit arena?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025