Who Generates More Revenue? Micron Technology, Inc. or II-VI Incorporated

Micron vs. II-VI: A Decade of Revenue Growth

__timestampII-VI IncorporatedMicron Technology, Inc.
Wednesday, January 1, 201468326100016358000000
Thursday, January 1, 201574196100016192000000
Friday, January 1, 201682721600012399000000
Sunday, January 1, 201797204600020322000000
Monday, January 1, 2018115879400030391000000
Tuesday, January 1, 2019136249600023406000000
Wednesday, January 1, 2020238007100021435000000
Friday, January 1, 2021310589100027705000000
Saturday, January 1, 2022331661600030758000000
Sunday, January 1, 2023516010000015540000000
Monday, January 1, 2024470768800025111000000
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Infusing magic into the data realm

Revenue Race: Micron Technology vs. II-VI Incorporated

In the ever-evolving tech industry, revenue generation is a key indicator of a company's market position and growth potential. Over the past decade, Micron Technology, Inc. has consistently outpaced II-VI Incorporated in terms of revenue. From 2014 to 2023, Micron's revenue surged by approximately 89%, peaking in 2022 with a staggering 30.8 billion dollars. In contrast, II-VI Incorporated experienced a more modest growth of around 656% during the same period, reaching its highest revenue in 2023.

Despite II-VI's impressive growth rate, Micron's revenue remains significantly higher, often more than five times that of II-VI. This disparity highlights Micron's dominant position in the semiconductor industry. However, with II-VI's rapid growth trajectory, the competition remains fierce. As we look to the future, the question remains: Can II-VI close the gap, or will Micron continue to lead the charge?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025