Analyzing Cost of Revenue: ASML Holding N.V. vs. Garmin Ltd.

In the ever-evolving landscape of technology and innovation, understanding the financial dynamics of industry leaders is crucial. ASML Holding N.V., a titan in semiconductor manufacturing, and Garmin Ltd., a pioneer in GPS technology, have shown distinct trends in their cost of revenue from 2014 to 2023. Over this period, ASML's cost of revenue surged by approximately 300%, reflecting its aggressive expansion and innovation strategies. In contrast, Garmin's cost of revenue increased by about 75%, indicating steady growth in its niche market.

Key Insights

• ASML Holding N.V.: From 2014 to 2023, ASML's cost of revenue grew from around 3.4 billion to 13.4 billion, showcasing its significant market expansion.
• Garmin Ltd.: Garmin's cost of revenue rose from 1.3 billion to 2.2 billion, highlighting its consistent growth in the consumer electronics sector.

These trends underscore the contrasting growth trajectories and strategic priorities of these two industry giants.