Cost of Revenue Comparison: Intuit Inc. vs Garmin Ltd.

A Decade of Cost Dynamics: Intuit Inc. vs Garmin Ltd.

In the ever-evolving landscape of technology and consumer electronics, understanding cost structures is pivotal. Over the past decade, Intuit Inc. and Garmin Ltd. have showcased intriguing trends in their cost of revenue. From 2014 to 2023, Garmin Ltd. experienced a steady increase, with costs rising by approximately 76%, peaking in 2023. This reflects Garmin's strategic investments in product development and market expansion.

Conversely, Intuit Inc. demonstrated a more dramatic trajectory. Starting at a lower base in 2014, Intuit's cost of revenue surged by nearly 370% by 2023, indicating aggressive growth and scaling efforts. Notably, 2024 data for Garmin is missing, suggesting potential shifts or reporting delays.

These trends highlight the contrasting strategies of two industry giants, offering insights into their operational priorities and market responses. As the digital economy expands, such analyses become crucial for investors and analysts alike.