Comparing Innovation Spending: QUALCOMM Incorporated and CyberArk Software Ltd.

Tech Giants' R&D Spending: A Decade of Innovation

__timestampCyberArk Software Ltd.QUALCOMM Incorporated
Wednesday, January 1, 2014144000005477000000
Thursday, January 1, 2015217340005490000000
Friday, January 1, 2016346140005151000000
Sunday, January 1, 2017423890005485000000
Monday, January 1, 2018571120005625000000
Tuesday, January 1, 2019725200005398000000
Wednesday, January 1, 2020954260005975000000
Friday, January 1, 20211421210007176000000
Saturday, January 1, 20221903210008194000000
Sunday, January 1, 20232114450008818000000
Monday, January 1, 20242430580008893000000
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Data in motion

Innovation Investment: A Tale of Two Tech Giants

In the ever-evolving tech landscape, innovation is the lifeblood of success. This is vividly illustrated by the research and development (R&D) spending trends of QUALCOMM Incorporated and CyberArk Software Ltd. Over the past decade, QUALCOMM has consistently invested heavily in R&D, with expenditures peaking at nearly $8.9 billion in 2024, marking a 62% increase from 2014. This commitment underscores QUALCOMM's dedication to maintaining its leadership in wireless technology.

Conversely, CyberArk Software Ltd., a leader in cybersecurity, has shown a remarkable growth trajectory in its R&D spending. From a modest $14 million in 2014, CyberArk's investment surged by over 1,300% to $211 million in 2023. This exponential growth highlights CyberArk's strategic focus on innovation to combat evolving cyber threats. The data for 2024 is not available for CyberArk, indicating a potential gap in reporting or a strategic shift.

These contrasting investment strategies reflect the unique challenges and opportunities faced by each company in their respective fields.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025