Gross Profit Analysis: Comparing Cisco Systems, Inc. and NetApp, Inc.

Cisco vs. NetApp: A Decade of Gross Profit Trends

__timestampCisco Systems, Inc.NetApp, Inc.
Wednesday, January 1, 2014277690000003919100000
Thursday, January 1, 2015296810000003833200000
Friday, January 1, 2016309600000003373000000
Sunday, January 1, 2017302240000003390000000
Monday, January 1, 2018306060000003699000000
Tuesday, January 1, 2019326660000003945000000
Wednesday, January 1, 2020316830000003623000000
Friday, January 1, 2021318940000003815000000
Saturday, January 1, 2022322480000004220000000
Sunday, January 1, 2023357530000004209000000
Monday, January 1, 2024348280000004433000000
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Unleashing insights

Gross Profit Trends: Cisco vs. NetApp

In the ever-evolving tech industry, understanding financial performance is crucial. This analysis compares the gross profit trends of Cisco Systems, Inc. and NetApp, Inc. from 2014 to 2024. Cisco, a leader in networking solutions, consistently outperformed NetApp, a data management company, with an average gross profit nearly eight times higher. Notably, Cisco's gross profit surged by approximately 25% from 2014 to 2023, peaking at $35.75 billion in 2023. Meanwhile, NetApp's growth was more modest, with a 13% increase over the same period, reaching $4.43 billion in 2024. This disparity highlights Cisco's robust market position and strategic growth initiatives. As the tech landscape continues to shift, these insights offer a glimpse into the financial health and competitive dynamics of these industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025