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

IBM vs. Intuit: A Decade of Financial Evolution

__timestampInternational Business Machines CorporationIntuit Inc.
Wednesday, January 1, 2014464070000003838000000
Thursday, January 1, 2015406840000003467000000
Friday, January 1, 2016385160000003942000000
Sunday, January 1, 2017369430000004368000000
Monday, January 1, 2018369360000004987000000
Tuesday, January 1, 2019315330000005617000000
Wednesday, January 1, 2020308650000006301000000
Friday, January 1, 2021314860000007950000000
Saturday, January 1, 20223268700000010320000000
Sunday, January 1, 20233430000000011225000000
Monday, January 1, 20243555100000012820000000
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Gross Profit Trends: IBM vs. Intuit

In the ever-evolving landscape of technology giants, the financial performance of companies like International Business Machines Corporation (IBM) and Intuit Inc. offers a fascinating glimpse into their strategic maneuvers. Over the past decade, IBM's gross profit has seen a decline of approximately 23%, from its peak in 2014 to 2024. This trend reflects IBM's ongoing transformation and adaptation to new market demands. In contrast, Intuit Inc. has experienced a remarkable growth trajectory, with its gross profit surging by over 230% during the same period. This growth underscores Intuit's successful expansion in the financial software sector, capitalizing on the increasing demand for digital financial solutions. As we look to the future, these trends highlight the dynamic nature of the tech industry and the importance of innovation and adaptability in maintaining competitive advantage.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025