International Business Machines Corporation or Cadence Design Systems, Inc.: Who Leads in Yearly Revenue?

IBM vs. Cadence: A Decade of Revenue Trends

__timestampCadence Design Systems, Inc.International Business Machines Corporation
Wednesday, January 1, 2014158093200092793000000
Thursday, January 1, 2015170209100081742000000
Friday, January 1, 2016181608300079920000000
Sunday, January 1, 2017194303200079139000000
Monday, January 1, 2018213802200079591000000
Tuesday, January 1, 2019233631900057714000000
Wednesday, January 1, 2020268289100055179000000
Friday, January 1, 2021298824400057351000000
Saturday, January 1, 2022356171800060530000000
Sunday, January 1, 2023408998600061860000000
Monday, January 1, 2024464126400062753000000
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Data in motion

A Tale of Two Giants: IBM vs. Cadence Design Systems

In the ever-evolving landscape of technology, two titans stand out: International Business Machines Corporation (IBM) and Cadence Design Systems, Inc. Over the past decade, these companies have showcased contrasting revenue trajectories. IBM, a stalwart in the tech industry, has seen its annual revenue fluctuate, peaking in 2014 and experiencing a gradual decline thereafter. By 2023, IBM's revenue had decreased by approximately 33% from its 2014 high.

Conversely, Cadence Design Systems has been on an upward trajectory, with its revenue more than doubling from 2014 to 2023. This growth highlights Cadence's increasing influence in the design automation sector. While IBM's revenue remains significantly higher, Cadence's consistent growth underscores its rising prominence. As we look to the future, the question remains: will Cadence continue its ascent, or will IBM reclaim its former glory?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025