Gross Profit Comparison: Intuit Inc. and Lam Research Corporation Trends

A Decade of Growth: Intuit Inc. vs. Lam Research Corporation

In the ever-evolving landscape of technology and finance, Intuit Inc. and Lam Research Corporation have demonstrated remarkable growth over the past decade. From 2014 to 2024, Intuit's gross profit surged by approximately 234%, reflecting its robust expansion in financial software solutions. Meanwhile, Lam Research, a key player in semiconductor manufacturing, saw its gross profit grow by nearly 251% during the same period, underscoring its pivotal role in the tech industry.

Key Insights

• Intuit Inc.: Starting with a gross profit of around $3.8 billion in 2014, Intuit's strategic innovations have propelled it to an impressive $12.8 billion by 2024.
• Lam Research Corporation: From a modest $2 billion in 2014, Lam's gross profit climbed to over $7 billion in 2024, highlighting its significant contributions to semiconductor advancements.

This comparison not only showcases the dynamic growth trajectories of these industry giants but also reflects broader trends in technology and finance.