Comparing Innovation Spending: Analog Devices, Inc. and PTC Inc.

Analog Devices vs. PTC: A Decade of R&D Investment

__timestampAnalog Devices, Inc.PTC Inc.
Wednesday, January 1, 2014559686000226496000
Thursday, January 1, 2015637459000227513000
Friday, January 1, 2016653816000229331000
Sunday, January 1, 2017968602000236059000
Monday, January 1, 20181165410000249774000
Tuesday, January 1, 20191130348000246888000
Wednesday, January 1, 20201050519000256575000
Friday, January 1, 20211296126000299917000
Saturday, January 1, 20221700518000338822000
Sunday, January 1, 20231660194000394370000
Monday, January 1, 20241487863000433047000
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Unleashing insights

Innovation Spending: A Tale of Two Companies

In the ever-evolving tech landscape, innovation is the lifeblood of success. Analog Devices, Inc. and PTC Inc. have been at the forefront of this innovation race, investing heavily in research and development (R&D) over the past decade. From 2014 to 2024, Analog Devices has consistently outpaced PTC Inc. in R&D spending, with a peak in 2022 where their investment was nearly five times that of PTC. This commitment to innovation has seen Analog Devices' R&D expenses grow by approximately 200% over the decade, while PTC's spending increased by about 90%. The data highlights a strategic focus on innovation, with both companies recognizing the critical role of R&D in maintaining competitive advantage. As we look to the future, these investments will likely shape the technological advancements and market positions of these industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025