International Business Machines Corporation vs Synopsys, Inc.: Annual Revenue Growth Compared

IBM vs Synopsys: A Decade of Divergent Revenue Paths

__timestampInternational Business Machines CorporationSynopsys, Inc.
Wednesday, January 1, 2014927930000002057472000
Thursday, January 1, 2015817420000002242211000
Friday, January 1, 2016799200000002422532000
Sunday, January 1, 2017791390000002724880000
Monday, January 1, 2018795910000003121058000
Tuesday, January 1, 2019577140000003360694000
Wednesday, January 1, 2020551790000003685281000
Friday, January 1, 2021573510000004204193000
Saturday, January 1, 2022605300000005081542000
Sunday, January 1, 2023618600000005842619000
Monday, January 1, 2024627530000006127436000
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Unveiling the hidden dimensions of data

A Tale of Two Giants: IBM and Synopsys Revenue Growth

In the ever-evolving landscape of technology, International Business Machines Corporation (IBM) and Synopsys, Inc. stand as titans with distinct trajectories. Over the past decade, IBM's annual revenue has seen a decline of approximately 32%, from $92.8 billion in 2014 to $62.8 billion in 2024. This trend reflects IBM's strategic shift towards cloud computing and AI, amidst a challenging market environment.

Conversely, Synopsys, a leader in electronic design automation, has experienced a robust growth of nearly 200% in the same period, with revenues climbing from $2.1 billion to $6.1 billion. This surge underscores Synopsys' pivotal role in the semiconductor industry, driven by the global demand for advanced chip design.

These contrasting paths highlight the dynamic nature of the tech industry, where adaptability and innovation are key to sustaining growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025