International Business Machines Corporation vs Cognizant Technology Solutions Corporation: A Gross Profit Performance Breakdown

IBM vs. Cognizant: A Decade of Gross Profit Trends

__timestampCognizant Technology Solutions CorporationInternational Business Machines Corporation
Wednesday, January 1, 2014412156300046407000000
Thursday, January 1, 2015497580000040684000000
Friday, January 1, 2016537900000038516000000
Sunday, January 1, 2017565800000036943000000
Monday, January 1, 2018628700000036936000000
Tuesday, January 1, 2019614900000031533000000
Wednesday, January 1, 2020598100000030865000000
Friday, January 1, 2021690300000031486000000
Saturday, January 1, 2022698000000032687000000
Sunday, January 1, 2023668900000034300000000
Monday, January 1, 2024677800000035551000000
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In pursuit of knowledge

A Tale of Two Giants: IBM vs. Cognizant in Gross Profit Performance

In the ever-evolving landscape of technology, two titans stand out: International Business Machines Corporation (IBM) and Cognizant Technology Solutions Corporation. Over the past decade, these companies have showcased distinct trajectories in their gross profit performance. From 2014 to 2023, IBM consistently maintained a robust gross profit, peaking at approximately $46 billion in 2014. However, a gradual decline followed, with a notable dip to around $31 billion in 2021, before a slight recovery in 2023.

Conversely, Cognizant's journey has been one of steady growth. Starting at $4 billion in 2014, the company saw a remarkable increase, reaching nearly $7 billion by 2022. This growth trajectory highlights Cognizant's resilience and adaptability in a competitive market. While IBM's gross profit remains significantly higher, Cognizant's consistent upward trend is a testament to its strategic prowess.

As we look to the future, the missing data for 2024 leaves room for speculation. Will IBM continue its recovery, or will Cognizant close the gap further? Only time will tell.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025