Annual Revenue Comparison: International Business Machines Corporation vs Intuit Inc.

IBM vs. Intuit: A Decade of Revenue Shifts

__timestampInternational Business Machines CorporationIntuit Inc.
Wednesday, January 1, 2014927930000004506000000
Thursday, January 1, 2015817420000004192000000
Friday, January 1, 2016799200000004694000000
Sunday, January 1, 2017791390000005177000000
Monday, January 1, 2018795910000005964000000
Tuesday, January 1, 2019577140000006784000000
Wednesday, January 1, 2020551790000007679000000
Friday, January 1, 2021573510000009633000000
Saturday, January 1, 20226053000000012726000000
Sunday, January 1, 20236186000000014368000000
Monday, January 1, 20246275300000016285000000
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Data in motion

A Decade of Revenue Dynamics: IBM vs. Intuit

In the ever-evolving landscape of technology giants, the revenue trajectories of International Business Machines Corporation (IBM) and Intuit Inc. offer a fascinating glimpse into their strategic pivots over the past decade. From 2014 to 2024, IBM's revenue has seen a decline of approximately 32%, reflecting its transition from traditional hardware to cloud computing and AI services. In contrast, Intuit has experienced a remarkable growth of over 260%, driven by its focus on financial software solutions and strategic acquisitions.

Key Insights

  • IBM's Shift: IBM's revenue peaked in 2014, but the subsequent years highlight its struggle to adapt to the rapidly changing tech environment.
  • Intuit's Surge: Intuit's consistent revenue growth underscores its successful adaptation to digital transformation, particularly in the small business and consumer finance sectors.

This comparison not only highlights the contrasting fortunes of these two companies but also underscores the broader shifts within the tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025