Cost Insights: Breaking Down International Business Machines Corporation and Block, Inc.'s Expenses

IBM vs. Block: A Decade of Cost Evolution

__timestampBlock, Inc.International Business Machines Corporation
Wednesday, January 1, 201462411800046386000000
Thursday, January 1, 201589708800041057000000
Friday, January 1, 2016113268300041403000000
Sunday, January 1, 2017137494700042196000000
Monday, January 1, 2018199447700042655000000
Tuesday, January 1, 2019282381500026181000000
Wednesday, January 1, 2020676416900024314000000
Friday, January 1, 20211324138000025865000000
Saturday, January 1, 20221153969500027842000000
Sunday, January 1, 20231441073700027560000000
Monday, January 1, 202427202000000
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Cost Insights: IBM vs. Block, Inc.

In the ever-evolving landscape of technology and finance, understanding the cost dynamics of industry giants like International Business Machines Corporation (IBM) and Block, Inc. (formerly Square) is crucial. Over the past decade, IBM's cost of revenue has shown a steady decline, dropping from approximately $46 billion in 2014 to around $27 billion in 2023. This represents a significant reduction of nearly 41%, reflecting IBM's strategic shift towards more efficient operations and cloud-based solutions.

Conversely, Block, Inc. has experienced a dramatic increase in its cost of revenue, skyrocketing from $624 million in 2014 to $14 billion in 2023. This 22-fold increase underscores Block's aggressive expansion and diversification in the fintech space. Notably, the data for 2024 is incomplete, highlighting the dynamic nature of these industries. As these companies continue to adapt, their cost structures will remain a key indicator of their strategic directions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025