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

IBM vs. Fortinet: A Decade of Cost Dynamics

__timestampFortinet, Inc.International Business Machines Corporation
Wednesday, January 1, 201423100900046386000000
Thursday, January 1, 201528677700041057000000
Friday, January 1, 201633783700041403000000
Sunday, January 1, 201738528400042196000000
Monday, January 1, 201845040000042655000000
Tuesday, January 1, 201950590000026181000000
Wednesday, January 1, 202057000000024314000000
Friday, January 1, 202178300000025865000000
Saturday, January 1, 2022108490000027842000000
Sunday, January 1, 2023123720000027560000000
Monday, January 1, 2024115760000027202000000
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Infusing magic into the data realm

Cost Insights: IBM vs. Fortinet

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

Conversely, Fortinet has experienced a remarkable increase in its cost of revenue, surging from about 231 million in 2014 to over 1.2 billion in 2023. This fivefold increase underscores Fortinet's aggressive expansion and investment in its cybersecurity offerings. Notably, the data for 2024 is incomplete, indicating a potential area for further analysis.

These trends offer a fascinating glimpse into the contrasting strategies of these two tech titans, reflecting broader shifts in the industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025