Who Prioritizes Innovation? R&D Spending Compared for Broadcom Inc. and Gen Digital Inc.

Broadcom vs. Gen Digital: A Decade of R&D Investment

__timestamp	Broadcom Inc.	Gen Digital Inc.
Wednesday, January 1, 2014	695000000	1038000000
Thursday, January 1, 2015	1049000000	1144000000
Friday, January 1, 2016	2674000000	748000000
Sunday, January 1, 2017	3292000000	823000000
Monday, January 1, 2018	3768000000	957000000
Tuesday, January 1, 2019	4696000000	913000000
Wednesday, January 1, 2020	4968000000	328000000
Friday, January 1, 2021	4854000000	267000000
Saturday, January 1, 2022	4919000000	253000000
Sunday, January 1, 2023	5253000000	313000000
Monday, January 1, 2024	9310000000	332000000

Unleashing the power of data

Innovation in Focus: A Comparative Analysis of R&D Spending

In the ever-evolving tech landscape, innovation is the lifeblood of success. Broadcom Inc. and Gen Digital Inc. exemplify contrasting approaches to research and development (R&D) investment over the past decade. From 2014 to 2024, Broadcom's R&D spending surged by over 1,200%, peaking at an impressive $9.31 billion in 2024. This commitment underscores Broadcom's strategic focus on innovation, positioning it as a leader in technological advancements.

Conversely, Gen Digital Inc. has maintained a more conservative R&D budget, with expenditures peaking at $1.14 billion in 2015 and gradually declining to $332 million by 2024. This 71% reduction reflects a strategic pivot, possibly towards optimizing existing technologies or exploring alternative growth avenues.

This analysis highlights the diverse strategies companies employ to navigate the competitive tech industry, emphasizing the critical role of R&D in shaping future success.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025