Cost Insights: Breaking Down Cognizant Technology Solutions Corporation and CyberArk Software Ltd.'s Expenses

Cognizant vs. CyberArk: A Decade of Cost Evolution

__timestampCognizant Technology Solutions CorporationCyberArk Software Ltd.
Wednesday, January 1, 2014614111800014707000
Thursday, January 1, 2015744020000022660000
Friday, January 1, 2016810800000030151000
Sunday, January 1, 2017915200000041848000
Monday, January 1, 2018983800000048461000
Tuesday, January 1, 20191063400000062615000
Wednesday, January 1, 20201067100000082571000
Friday, January 1, 20211160400000093307000
Saturday, January 1, 202212448000000126046000
Sunday, January 1, 202312664000000156131000
Monday, January 1, 202412958000000215478000
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Data in motion

Unveiling Cost Dynamics: Cognizant vs. CyberArk

In the ever-evolving tech landscape, understanding cost structures is pivotal. Cognizant Technology Solutions Corporation, a titan in IT services, and CyberArk Software Ltd., a leader in cybersecurity, offer intriguing insights into their financial journeys from 2014 to 2023. Over this period, Cognizant's cost of revenue surged by approximately 106%, reflecting its expansive growth and operational scaling. In contrast, CyberArk's cost of revenue increased by over 960%, highlighting its aggressive expansion in the cybersecurity domain.

A Decade of Transformation

Cognizant's cost of revenue consistently rose, peaking in 2023, indicative of its strategic investments and market penetration. Meanwhile, CyberArk's costs, though significantly smaller in absolute terms, grew at a much faster rate, underscoring its rapid adaptation to the burgeoning cybersecurity demands. This comparative analysis not only sheds light on their financial strategies but also mirrors broader industry trends, offering valuable insights for investors and industry watchers alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025