Cost of Revenue Comparison: International Business Machines Corporation vs Garmin Ltd.

IBM vs Garmin: A Decade of Cost Efficiency

__timestampGarmin Ltd.International Business Machines Corporation
Wednesday, January 1, 2014126624600046386000000
Thursday, January 1, 2015128156600041057000000
Friday, January 1, 2016133909500041403000000
Sunday, January 1, 2017130384000042196000000
Monday, January 1, 2018136772500042655000000
Tuesday, January 1, 2019152352900026181000000
Wednesday, January 1, 2020170523700024314000000
Friday, January 1, 2021209233600025865000000
Saturday, January 1, 2022205351100027842000000
Sunday, January 1, 2023222329700027560000000
Monday, January 1, 2024260034800027202000000
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Data in motion

Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of technology, the cost of revenue is a critical metric that reflects a company's operational efficiency. From 2014 to 2023, International Business Machines Corporation (IBM) and Garmin Ltd. have showcased contrasting trajectories in this regard. IBM, a stalwart in the tech industry, saw its cost of revenue decrease by approximately 41%, from 46.4 billion in 2014 to 27.6 billion in 2023. This decline highlights IBM's strategic shift towards more efficient operations. Conversely, Garmin Ltd., known for its innovative GPS technology, experienced a 76% increase in its cost of revenue, rising from 1.3 billion in 2014 to 2.2 billion in 2023. This growth underscores Garmin's expanding market presence and investment in new technologies. Notably, data for 2024 is incomplete, leaving room for speculation on future trends.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025