Cisco Systems, Inc. vs VMware, Inc.: A Gross Profit Performance Breakdown

Cisco vs. VMware: A Decade of Gross Profit Insights

__timestampCisco Systems, Inc.VMware, Inc.
Wednesday, January 1, 2014277690000004477000000
Thursday, January 1, 2015296810000005118000000
Friday, January 1, 2016309600000005553000000
Sunday, January 1, 2017302240000006040000000
Monday, January 1, 2018306060000006781000000
Tuesday, January 1, 2019326660000007716000000
Wednesday, January 1, 2020316830000009012000000
Friday, January 1, 2021318940000009724000000
Saturday, January 1, 20223224800000010580000000
Sunday, January 1, 20233575300000010868000000
Monday, January 1, 202434828000000
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Igniting the spark of knowledge

A Decade of Gross Profit: Cisco vs. VMware

In the ever-evolving tech industry, Cisco Systems, Inc. and VMware, Inc. have been pivotal players. Over the past decade, Cisco has consistently outperformed VMware in terms of gross profit. From 2014 to 2023, Cisco's gross profit surged by nearly 29%, peaking at approximately $35.8 billion in 2023. In contrast, VMware's growth trajectory, while impressive, saw a 143% increase, reaching around $10.9 billion in the same year. This stark difference highlights Cisco's dominant market position, driven by its expansive networking solutions. However, VMware's rapid growth underscores its strategic focus on virtualization and cloud computing. Notably, data for 2024 is incomplete, reflecting the dynamic nature of financial reporting. As the tech landscape continues to shift, these companies' financial performances offer valuable insights into their strategic directions and market adaptability.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025