Annual Revenue Comparison: QUALCOMM Incorporated vs Cognizant Technology Solutions Corporation

A Decade of Revenue Growth: QUALCOMM vs Cognizant

In the ever-evolving landscape of technology, two giants, QUALCOMM Incorporated and Cognizant Technology Solutions Corporation, have showcased remarkable revenue trajectories over the past decade. From 2014 to 2023, QUALCOMM's revenue surged by approximately 35%, peaking in 2022 with a staggering 44.2 billion dollars. This growth underscores QUALCOMM's pivotal role in the semiconductor industry, driven by innovations in mobile technology and 5G advancements.

Conversely, Cognizant, a leader in IT services, experienced a steady revenue increase of about 89% from 2014 to 2022, reflecting its strategic expansions and digital transformation initiatives. However, 2023 saw a slight dip, hinting at potential market challenges or strategic shifts.

While QUALCOMM's revenue consistently outpaced Cognizant's, both companies exemplify resilience and adaptability in a competitive market. The absence of 2024 data for Cognizant leaves room for speculation on its future trajectory.