Cost of Revenue: Key Insights for Adobe Inc. and Fortinet, Inc.

Cost of Revenue Trends: Adobe Inc. vs. Fortinet, Inc.

In the ever-evolving tech industry, understanding cost structures is crucial for investors and analysts. Adobe Inc. and Fortinet, Inc., two giants in their respective fields, have shown distinct trends in their cost of revenue over the past decade. Adobe's cost of revenue has surged by approximately 280% from 2014 to 2023, reflecting its expanding product offerings and market reach. In contrast, Fortinet's cost of revenue has increased by nearly 435% during the same period, highlighting its aggressive growth in the cybersecurity sector. Notably, Adobe's cost of revenue in 2023 was about 90% higher than Fortinet's, underscoring its larger scale of operations. However, data for 2024 is incomplete, leaving room for speculation on future trends. These insights provide a window into the strategic priorities and operational efficiencies of these tech leaders.