Cost of Revenue Trends: Texas Instruments Incorporated vs Fortinet, Inc.

Texas Instruments vs Fortinet: A Decade of Revenue Growth

__timestampFortinet, Inc.Texas Instruments Incorporated
Wednesday, January 1, 20142310090005618000000
Thursday, January 1, 20152867770005440000000
Friday, January 1, 20163378370005130000000
Sunday, January 1, 20173852840005347000000
Monday, January 1, 20184504000005507000000
Tuesday, January 1, 20195059000005219000000
Wednesday, January 1, 20205700000005192000000
Friday, January 1, 20217830000005968000000
Saturday, January 1, 202210849000006257000000
Sunday, January 1, 202312372000006500000000
Monday, January 1, 202411576000006547000000
Loading chart...

Unlocking the unknown

Cost of Revenue Trends: A Tale of Two Giants

In the ever-evolving landscape of technology, Texas Instruments Incorporated and Fortinet, Inc. have carved distinct paths. From 2014 to 2023, Texas Instruments consistently maintained a robust cost of revenue, peaking at approximately $6.5 billion in 2023, reflecting a steady growth of around 16% over the decade. In contrast, Fortinet's cost of revenue surged by over 400%, from $231 million in 2014 to $1.24 billion in 2023, showcasing its rapid expansion in the cybersecurity sector.

A Decade of Growth and Innovation

While Texas Instruments' growth underscores its stability and dominance in the semiconductor industry, Fortinet's trajectory highlights its aggressive expansion and increasing market share in cybersecurity. The data for 2024 remains 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