Comparing Cost of Revenue Efficiency: QUALCOMM Incorporated vs Splunk Inc.

A Decade of Cost Efficiency: QUALCOMM vs. Splunk

In the ever-evolving tech industry, cost efficiency is a critical metric for success. Over the past decade, QUALCOMM Incorporated and Splunk Inc. have demonstrated contrasting trajectories in their cost of revenue. From 2014 to 2024, QUALCOMM's cost of revenue surged by approximately 60%, peaking at $17.06 billion in 2024. This growth reflects QUALCOMM's expansive operations and market dominance. In contrast, Splunk's cost of revenue, while significantly smaller, increased by over 230%, reaching $865 million in 2024. This rapid rise underscores Splunk's aggressive growth strategy in the data analytics sector. Despite the disparity in absolute numbers, both companies showcase unique strategies in managing their operational costs. As QUALCOMM continues to leverage its scale, Splunk's nimble approach highlights its adaptability in a competitive landscape. This comparison offers valuable insights into how tech giants navigate financial efficiency amidst industry challenges.