International Business Machines Corporation or CyberArk Software Ltd.: Who Leads in Yearly Revenue?

IBM vs. CyberArk: A Decade of Revenue Dynamics

__timestampCyberArk Software Ltd.International Business Machines Corporation
Wednesday, January 1, 201410299900092793000000
Thursday, January 1, 201516081200081742000000
Friday, January 1, 201621661300079920000000
Sunday, January 1, 201726170100079139000000
Monday, January 1, 201834319900079591000000
Tuesday, January 1, 201943389500057714000000
Wednesday, January 1, 202046443100055179000000
Friday, January 1, 202150291700057351000000
Saturday, January 1, 202259171000060530000000
Sunday, January 1, 202375188800061860000000
Monday, January 1, 2024100074200062753000000
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Infusing magic into the data realm

A Tale of Two Giants: IBM vs. CyberArk in Revenue Growth

In the ever-evolving tech landscape, International Business Machines Corporation (IBM) and CyberArk Software Ltd. stand as titans, each carving its niche. From 2014 to 2023, IBM's revenue, though declining, remains formidable, peaking at approximately $93 billion in 2014 and stabilizing around $62 billion in 2023. This represents a 33% decrease over the decade, reflecting IBM's strategic pivot towards cloud computing and AI.

Conversely, CyberArk, a leader in cybersecurity, showcases a remarkable growth trajectory. Starting with a modest $103 million in 2014, it surged to $752 million by 2023, marking an impressive 630% increase. This growth underscores the rising importance of cybersecurity in the digital age.

While IBM's revenue dwarfs CyberArk's, the latter's rapid growth highlights its potential to disrupt the industry. As we look to the future, the question remains: will CyberArk's momentum continue to challenge the established giants?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025