Cost of Revenue Comparison: Synopsys, Inc. vs FLEETCOR Technologies, Inc.

Synopsys vs. FLEETCOR: A Decade of Revenue Dynamics

__timestampFLEETCOR Technologies, Inc.Synopsys, Inc.
Wednesday, January 1, 2014173337000456885000
Thursday, January 1, 2015331073000518920000
Friday, January 1, 2016355414000542962000
Sunday, January 1, 2017429613000654184000
Monday, January 1, 2018487695000735898000
Tuesday, January 1, 2019530669000752946000
Wednesday, January 1, 2020596363000794690000
Friday, January 1, 2021559819000861777000
Saturday, January 1, 20227647070001063697000
Sunday, January 1, 202310301389991222193000
Monday, January 1, 202401245289000
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Igniting the spark of knowledge

Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of technology and financial services, Synopsys, Inc. and FLEETCOR Technologies, Inc. have emerged as key players. Over the past decade, Synopsys has consistently outpaced FLEETCOR in terms of cost of revenue, with a notable 53% higher average from 2014 to 2023. This trend highlights Synopsys's expansive growth in the software industry, where its cost of revenue peaked at $1.22 billion in 2023. Meanwhile, FLEETCOR, a leader in payment solutions, saw its cost of revenue rise by nearly 500% from 2014 to 2023, reaching $1.03 billion. This growth trajectory underscores FLEETCOR's strategic expansion in the financial sector. However, the data for 2024 is incomplete, leaving room for speculation on future trends. As these companies continue to innovate, their financial strategies will be pivotal in shaping their competitive edge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025