Who Generates Higher Gross Profit? QUALCOMM Incorporated or Cognizant Technology Solutions Corporation

QUALCOMM vs. Cognizant: A Decade of Gross Profit Insights

__timestampCognizant Technology Solutions CorporationQUALCOMM Incorporated
Wednesday, January 1, 2014412156300015801000000
Thursday, January 1, 2015497580000014903000000
Friday, January 1, 2016537900000013805000000
Sunday, January 1, 2017565800000012499000000
Monday, January 1, 2018628700000012488000000
Tuesday, January 1, 2019614900000015674000000
Wednesday, January 1, 2020598100000014276000000
Friday, January 1, 2021690300000019304000000
Saturday, January 1, 2022698000000025565000000
Sunday, January 1, 2023668900000019951000000
Monday, January 1, 2024677800000021902000000
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Igniting the spark of knowledge

A Tale of Two Tech Giants: QUALCOMM vs. Cognizant

In the ever-evolving landscape of technology, two giants stand out: QUALCOMM Incorporated and Cognizant Technology Solutions Corporation. Over the past decade, these companies have showcased their prowess in generating gross profit, a key indicator of financial health. From 2014 to 2023, QUALCOMM consistently outperformed Cognizant, with its gross profit peaking at a staggering 2.56 times that of Cognizant in 2022. This trend highlights QUALCOMM's robust market position and strategic initiatives in the semiconductor industry.

Cognizant, while trailing, demonstrated steady growth, with its gross profit increasing by approximately 62% from 2014 to 2023. This growth underscores its resilience and adaptability in the IT services sector. However, the data for 2024 remains incomplete, leaving room for speculation on future trajectories. As these companies continue to innovate, their financial performances will be closely watched by investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025