Gross Profit Comparison: International Business Machines Corporation and GoDaddy Inc. Trends

IBM vs. GoDaddy: A Decade of Gross Profit Trends

__timestampGoDaddy Inc.International Business Machines Corporation
Wednesday, January 1, 201486888000046407000000
Thursday, January 1, 2015104140000040684000000
Friday, January 1, 2016119010000038516000000
Sunday, January 1, 2017145640000036943000000
Monday, January 1, 2018176620000036936000000
Tuesday, January 1, 2019196130000031533000000
Wednesday, January 1, 2020215810000030865000000
Friday, January 1, 2021244350000031486000000
Saturday, January 1, 2022260680000032687000000
Sunday, January 1, 2023268050000034300000000
Monday, January 1, 2024292120000035551000000
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Data in motion

A Tale of Two Giants: IBM vs. GoDaddy in Gross Profit Trends

In the ever-evolving landscape of technology, the financial performance of industry leaders like International Business Machines Corporation (IBM) and GoDaddy Inc. offers a fascinating glimpse into their strategic trajectories. Over the past decade, IBM has consistently demonstrated its prowess, with gross profits peaking at approximately $46 billion in 2014, before experiencing a gradual decline to around $34 billion by 2023. This represents a decrease of roughly 26%, reflecting the challenges faced by traditional tech giants in adapting to new market dynamics.

Conversely, GoDaddy Inc., a relatively newer player, has shown remarkable growth. From a modest $869 million in 2014, its gross profit surged by over 200% to nearly $2.7 billion in 2023. This impressive growth underscores GoDaddy's successful expansion in the domain registration and web hosting sectors. However, data for 2024 remains unavailable, leaving room for speculation on future trends.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025