Gross Profit Analysis: Comparing International Business Machines Corporation and Cadence Design Systems, Inc.

IBM vs. Cadence: A Decade of Gross Profit Shifts

__timestampCadence Design Systems, Inc.International Business Machines Corporation
Wednesday, January 1, 2014135722600046407000000
Thursday, January 1, 2015146363800040684000000
Friday, January 1, 2016155959100038516000000
Sunday, January 1, 2017170564200036943000000
Monday, January 1, 2018187927500036936000000
Tuesday, January 1, 2019206996200031533000000
Wednesday, January 1, 2020237739300030865000000
Friday, January 1, 2021268123800031486000000
Saturday, January 1, 2022319009500032687000000
Sunday, January 1, 2023365494500034300000000
Monday, January 1, 2024443036200035551000000
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Unlocking the unknown

Gross Profit Trends: IBM vs. Cadence Design Systems

In the ever-evolving landscape of technology, the financial performance of industry giants like International Business Machines Corporation (IBM) and Cadence Design Systems, Inc. offers a fascinating glimpse into their strategic prowess. Over the past decade, IBM's gross profit has shown a steady decline, dropping from a peak in 2014 to a more modest figure in 2023. This represents a decrease of approximately 26% over the period. In contrast, Cadence Design Systems has experienced a remarkable growth trajectory, with its gross profit more than doubling from 2014 to 2023, reflecting a robust 169% increase.

This divergence highlights the shifting dynamics within the tech industry, where nimble, innovative companies like Cadence are gaining ground against traditional behemoths like IBM. As we look to the future, these trends underscore the importance of adaptability and innovation in maintaining competitive advantage in the global market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025