Cost of Revenue Trends: Intuit Inc. vs HP Inc.

Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of technology, Intuit Inc. and HP Inc. have carved distinct paths. From 2014 to 2024, HP Inc. consistently reported a cost of revenue that dwarfed Intuit's, peaking in 2014 with a staggering 85 billion. However, by 2023, HP's cost of revenue had decreased by nearly 50%, reflecting strategic shifts and market dynamics. In contrast, Intuit Inc. showcased a steady upward trajectory, with its cost of revenue increasing by over 400% from 2014 to 2024. This growth underscores Intuit's expanding footprint in the financial software sector. The contrasting trends highlight the diverse strategies of these tech titans: HP's focus on hardware and services, and Intuit's dominance in software solutions. As the tech industry continues to transform, these insights offer a glimpse into the strategic maneuvers of two industry leaders.