Breaking Down Revenue Trends: Lam Research Corporation vs Cognizant Technology Solutions Corporation

Tech Giants' Revenue Battle: Lam vs. Cognizant

__timestampCognizant Technology Solutions CorporationLam Research Corporation
Wednesday, January 1, 2014102626810004607309000
Thursday, January 1, 2015124160000005259312000
Friday, January 1, 2016134870000005885893000
Sunday, January 1, 2017148100000008013620000
Monday, January 1, 20181612500000011076998000
Tuesday, January 1, 2019167830000009653559000
Wednesday, January 1, 20201665200000010044736000
Friday, January 1, 20211850700000014626150000
Saturday, January 1, 20221942800000017227039000
Sunday, January 1, 20231935300000017428516000
Monday, January 1, 20241973600000014905386000
Loading chart...

Unveiling the hidden dimensions of data

Revenue Trends: A Tale of Two Tech Giants

In the ever-evolving landscape of technology, Lam Research Corporation and Cognizant Technology Solutions Corporation have carved distinct paths. Over the past decade, Cognizant's revenue has shown a steady upward trajectory, growing approximately 89% from 2014 to 2023. Meanwhile, Lam Research has experienced a remarkable surge, with its revenue nearly quadrupling during the same period.

A Closer Look at the Numbers

Cognizant's revenue peaked in 2022, reaching a staggering $19.4 billion, before slightly dipping in 2023. In contrast, Lam Research's revenue continued its upward climb, peaking at $17.4 billion in 2023. This growth reflects Lam's strategic positioning in the semiconductor industry, which has seen increased demand.

Missing Data and Future Prospects

While 2024 data for Cognizant is unavailable, Lam Research shows a slight decline. As both companies navigate the challenges and opportunities of the tech world, their revenue trends offer valuable insights into their strategic directions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025