Gross Profit Trends Compared: International Business Machines Corporation vs NetApp, Inc.

IBM vs. NetApp: A Decade of Gross Profit Trends

__timestampInternational Business Machines CorporationNetApp, Inc.
Wednesday, January 1, 2014464070000003919100000
Thursday, January 1, 2015406840000003833200000
Friday, January 1, 2016385160000003373000000
Sunday, January 1, 2017369430000003390000000
Monday, January 1, 2018369360000003699000000
Tuesday, January 1, 2019315330000003945000000
Wednesday, January 1, 2020308650000003623000000
Friday, January 1, 2021314860000003815000000
Saturday, January 1, 2022326870000004220000000
Sunday, January 1, 2023343000000004209000000
Monday, January 1, 2024355510000004433000000
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Unleashing insights

Gross Profit Trends: IBM vs. NetApp

In the ever-evolving landscape of technology giants, International Business Machines Corporation (IBM) and NetApp, Inc. have showcased intriguing gross profit trends over the past decade. From 2014 to 2024, IBM's gross profit has seen a decline of approximately 23%, starting from a peak in 2014 and reaching its lowest in 2021. However, a recovery is evident with a 13% increase from 2021 to 2024. In contrast, NetApp's gross profit has demonstrated a more stable trajectory, with a modest growth of around 13% over the same period. Notably, NetApp's gross profit surpassed IBM's in 2022, marking a significant shift in the competitive landscape. This data highlights the dynamic nature of the tech industry, where adaptability and innovation are key to maintaining financial health. As we look to the future, these trends offer valuable insights into the strategic directions of these two industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025