Comparing Revenue Performance: International Business Machines Corporation or Corpay, Inc.?

IBM vs. Corpay: A Decade of Revenue Shifts

__timestampCorpay, Inc.International Business Machines Corporation
Wednesday, January 1, 2014119939000092793000000
Thursday, January 1, 2015170286500081742000000
Friday, January 1, 2016183154600079920000000
Sunday, January 1, 2017224953800079139000000
Monday, January 1, 2018243349200079591000000
Tuesday, January 1, 2019264884800057714000000
Wednesday, January 1, 2020238885500055179000000
Friday, January 1, 2021283373600057351000000
Saturday, January 1, 2022342712900060530000000
Sunday, January 1, 2023375771900061860000000
Monday, January 1, 2024397458900062753000000
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Unleashing insights

A Tale of Two Giants: IBM vs. Corpay

In the ever-evolving landscape of technology and finance, the revenue trajectories of International Business Machines Corporation (IBM) and Corpay, Inc. offer a fascinating study. Over the past decade, IBM, a stalwart in the tech industry, has seen its revenue decline by approximately 33%, from a peak of $92.8 billion in 2014 to $61.9 billion in 2023. This trend reflects the challenges faced by traditional tech giants in adapting to new market dynamics.

Conversely, Corpay, Inc., a rising star in the financial services sector, has experienced a remarkable revenue growth of over 200% during the same period, climbing from $1.2 billion in 2014 to $3.8 billion in 2023. This growth underscores the increasing demand for innovative financial solutions. As we look to the future, the contrasting revenue paths of these two companies highlight the shifting tides in their respective industries.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025