Cost of Revenue Comparison: International Business Machines Corporation vs Workday, Inc.

IBM vs Workday: A Decade of Cost Dynamics

__timestampInternational Business Machines CorporationWorkday, Inc.
Wednesday, January 1, 201446386000000176810000
Thursday, January 1, 201541057000000264803000
Friday, January 1, 201641403000000374427000
Sunday, January 1, 201742196000000483545000
Monday, January 1, 201842655000000629413000
Tuesday, January 1, 201926181000000834950000
Wednesday, January 1, 2020243140000001065258000
Friday, January 1, 2021258650000001198132000
Saturday, January 1, 2022278420000001428095000
Sunday, January 1, 2023275600000001715178000
Monday, January 1, 2024272020000001771000000
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Infusing magic into the data realm

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. This comparison between International Business Machines Corporation (IBM) and Workday, Inc. offers a fascinating glimpse into their financial journeys from 2014 to 2024.

IBM's Financial Odyssey

IBM, a stalwart in the tech industry, has seen its cost of revenue decrease by approximately 41% over the decade. Starting at a peak in 2014, IBM's cost of revenue has steadily declined, reflecting strategic shifts and operational efficiencies.

Workday's Ascendancy

Conversely, Workday, a cloud-based software provider, has experienced a remarkable 900% increase in its cost of revenue. This surge underscores Workday's rapid growth and expansion in the competitive tech market.

Conclusion

This data highlights the contrasting strategies of a legacy giant and a rising star, offering valuable insights into their financial health and market strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025