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

IBM vs. Splunk: A Decade of Gross Profit Trends

__timestampInternational Business Machines CorporationSplunk Inc.
Wednesday, January 1, 201446407000000266798000
Thursday, January 1, 201540684000000382497000
Friday, January 1, 201638516000000554313000
Sunday, January 1, 201736943000000758902000
Monday, January 1, 2018369360000001014379000
Tuesday, January 1, 2019315330000001458334000
Wednesday, January 1, 2020308650000001929138000
Friday, January 1, 2021314860000001682040000
Saturday, January 1, 2022326870000001939695000
Sunday, January 1, 2023343000000002837713000
Monday, January 1, 2024355510000003350088000
Loading chart...

Unleashing the power of data

Gross Profit Trends: IBM vs. Splunk

In the ever-evolving landscape of technology, the financial performance of industry giants like International Business Machines Corporation (IBM) and emerging players such as Splunk Inc. offers a fascinating glimpse into market dynamics. Over the past decade, IBM's gross profit has seen a decline of approximately 24%, from its peak in 2014 to 2024. This trend reflects the challenges faced by traditional tech companies in adapting to new market demands.

Conversely, Splunk Inc., a leader in data analytics, has experienced a remarkable growth trajectory. From 2014 to 2024, Splunk's gross profit surged by over 1,150%, highlighting its successful expansion and increasing market relevance. This stark contrast underscores the shifting priorities in the tech industry, where data-driven solutions are gaining prominence.

As we look to the future, these trends emphasize the importance of innovation and adaptability in maintaining competitive advantage in the tech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025