Cost of Revenue: Key Insights for Intuit Inc. and Wipro Limited

Cost of Revenue: A Comparative Analysis of Intuit Inc. and Wipro Limited

In the ever-evolving landscape of global business, understanding the cost of revenue is crucial for evaluating a company's financial health. This analysis delves into the cost of revenue trends for Intuit Inc. and Wipro Limited from 2014 to 2024. Over this decade, Intuit Inc. has seen a remarkable increase in its cost of revenue, growing by over 400%, from approximately $668 million in 2014 to $3.465 billion in 2024. This surge reflects Intuit's expanding operations and investment in product development.

Conversely, Wipro Limited, a giant in the IT services sector, has maintained a relatively stable cost of revenue, with a modest increase of around 96% over the same period. This stability underscores Wipro's efficient cost management strategies amidst its global expansion. The data highlights the contrasting growth trajectories and strategic priorities of these two industry leaders.