Gross Profit Analysis: Comparing Intuit Inc. and STMicroelectronics N.V.

A Decade of Growth: Intuit Inc. vs. STMicroelectronics N.V.

In the ever-evolving landscape of technology, Intuit Inc. and STMicroelectronics N.V. have demonstrated remarkable growth in gross profit over the past decade. From 2014 to 2023, Intuit Inc. has seen its gross profit soar by approximately 192%, reflecting its robust business model and strategic innovations. Meanwhile, STMicroelectronics N.V. has experienced a commendable 298% increase, showcasing its resilience and adaptability in the semiconductor industry.

Key Insights

• Intuit Inc.: Starting at $3.8 billion in 2014, Intuit's gross profit reached an impressive $11.2 billion by 2023, highlighting its consistent upward trajectory.
• STMicroelectronics N.V.: Despite a slower start at $2.1 billion in 2014, the company achieved a significant $8.3 billion in 2023, underscoring its competitive edge.

While 2024 data for STMicroelectronics is missing, the trends suggest continued growth for both companies, making them key players to watch in their respective sectors.