Gross Profit Trends Compared: Lam Research Corporation vs Corning Incorporated

Lam vs. Corning: A Decade of Profit Growth

__timestampCorning IncorporatedLam Research Corporation
Wednesday, January 1, 201440520000002007481000
Thursday, January 1, 201536530000002284336000
Friday, January 1, 201637460000002618922000
Sunday, January 1, 201740320000003603359000
Monday, January 1, 201844610000005165032000
Tuesday, January 1, 201940350000004358459000
Wednesday, January 1, 202035310000004608693000
Friday, January 1, 202150630000006805306000
Saturday, January 1, 202245060000007871807000
Sunday, January 1, 202339310000007776925000
Monday, January 1, 202442760000007052791000
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Cracking the code

Gross Profit Trends: A Tale of Two Innovators

In the ever-evolving landscape of technology and manufacturing, Lam Research Corporation and Corning Incorporated stand as titans of innovation. Over the past decade, these companies have showcased remarkable growth in their gross profits, reflecting their strategic prowess and market adaptability.

From 2014 to 2024, Lam Research's gross profit surged by nearly 250%, peaking in 2022 with a staggering $7.87 billion. This growth trajectory underscores Lam's pivotal role in semiconductor manufacturing, especially as global demand for chips skyrocketed. Meanwhile, Corning Incorporated, a leader in glass and ceramics, experienced a more modest 6% increase in gross profit over the same period. Despite fluctuations, Corning's resilience is evident, with a notable peak in 2021 at $5.06 billion.

These trends highlight the dynamic nature of the tech industry, where innovation and strategic foresight are key to sustained financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025