Analyzing Cost of Revenue: International Business Machines Corporation and Wipro Limited

IBM vs. Wipro: A Decade of Revenue Cost Trends

__timestampInternational Business Machines CorporationWipro Limited
Wednesday, January 1, 201446386000000321284000000
Thursday, January 1, 201541057000000356724000000
Friday, January 1, 201641403000000391544000000
Sunday, January 1, 201742196000000385575000000
Monday, January 1, 201842655000000413033000000
Tuesday, January 1, 201926181000000436085000000
Wednesday, January 1, 202024314000000423205000000
Friday, January 1, 202125865000000555872000000
Saturday, January 1, 202227842000000645446000000
Sunday, January 1, 202327560000000631497000000
Monday, January 1, 202427202000000631497000000
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Unleashing insights

Analyzing Cost of Revenue: IBM vs. Wipro

In the ever-evolving landscape of global technology giants, understanding the cost of revenue is crucial for assessing financial health. This analysis delves into the cost of revenue trends for International Business Machines Corporation (IBM) and Wipro Limited from 2014 to 2023.

IBM's Financial Journey

IBM's cost of revenue has seen a significant decline over the years, dropping from approximately $46 billion in 2014 to around $28 billion in 2023. This represents a reduction of nearly 40%, indicating a strategic shift towards more efficient operations.

Wipro's Steady Climb

Conversely, Wipro's cost of revenue has consistently increased, rising from $321 billion in 2014 to $631 billion in 2023, marking a growth of nearly 97%. This upward trend reflects Wipro's expanding market presence and investment in growth.

Missing Data

While the data for 2024 is incomplete, the trends from the past decade provide valuable insights into the financial strategies of these tech titans.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025