Gross Profit Comparison: Cadence Design Systems, Inc. and Corpay, Inc. Trends

Cadence vs. Corpay: A Decade of Growth

__timestampCadence Design Systems, Inc.Corpay, Inc.
Wednesday, January 1, 20141357226000929799000
Thursday, January 1, 201514636380001263535000
Friday, January 1, 201615595910001209581000
Sunday, January 1, 201717056420001493201000
Monday, January 1, 201818792750001740908000
Tuesday, January 1, 201920699620001922804000
Wednesday, January 1, 202023773930001792492000
Friday, January 1, 202126812380002273917000
Saturday, January 1, 202231900950002662422000
Sunday, January 1, 202336549450002937811000
Monday, January 1, 202444303620003974589000
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In pursuit of knowledge

A Decade of Growth: Cadence Design Systems vs. Corpay

In the ever-evolving landscape of technology and finance, Cadence Design Systems, Inc. and Corpay, Inc. have demonstrated remarkable growth over the past decade. From 2014 to 2023, Cadence Design Systems saw its gross profit surge by approximately 169%, while Corpay, Inc. experienced a robust increase of around 216%. This impressive growth trajectory highlights the resilience and strategic prowess of both companies in navigating market challenges.

Cadence Design Systems, a leader in electronic design automation, has consistently expanded its market share, reflecting a compound annual growth rate (CAGR) of about 12%. Meanwhile, Corpay, a key player in financial technology, has capitalized on the digital transformation wave, achieving a CAGR of nearly 14%.

As we look to the future, these trends underscore the dynamic nature of the industry and the potential for continued innovation and expansion.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025