Breaking Down Revenue Trends: Cisco Systems, Inc. vs ANSYS, Inc.

Cisco vs ANSYS: A Decade of Revenue Growth

__timestampANSYS, Inc.Cisco Systems, Inc.
Wednesday, January 1, 201493602100047142000000
Thursday, January 1, 201594275300049161000000
Friday, January 1, 201698846500049247000000
Sunday, January 1, 2017109525000048005000000
Monday, January 1, 2018129363600049330000000
Tuesday, January 1, 2019151589200051904000000
Wednesday, January 1, 2020168129700049301000000
Friday, January 1, 2021190671500049818000000
Saturday, January 1, 2022206555300051557000000
Sunday, January 1, 2023226994900056998000000
Monday, January 1, 2024254480900053803000000
Loading chart...

Unlocking the unknown

Revenue Trends: Cisco Systems, Inc. vs ANSYS, Inc.

In the ever-evolving tech industry, understanding revenue trends is crucial for investors and analysts alike. This chart offers a decade-long glimpse into the financial trajectories of two industry giants: Cisco Systems, Inc. and ANSYS, Inc. From 2014 to 2023, Cisco's revenue consistently dwarfed that of ANSYS, with Cisco's earnings peaking at approximately $57 billion in 2023, a 21% increase from 2014. Meanwhile, ANSYS demonstrated a steady growth trajectory, with revenues rising by 142% over the same period, reaching around $2.27 billion in 2023. This stark contrast highlights Cisco's dominance in the market, yet underscores ANSYS's impressive growth rate. Notably, the data for 2024 is incomplete, leaving room for speculation on future trends. As the tech landscape continues to shift, these insights provide a valuable lens through which to view the financial health and potential of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025