Key Insights on Gross Profit: ASML Holding N.V. vs Wipro Limited

A Tale of Two Giants: ASML Holding N.V. vs Wipro Limited

In the ever-evolving landscape of global technology, ASML Holding N.V. and Wipro Limited stand as titans in their respective domains. Over the past decade, ASML has seen its gross profit soar by over 460%, from approximately $2.5 billion in 2014 to an impressive $14.1 billion in 2023. This remarkable growth underscores ASML's pivotal role in the semiconductor industry, driven by its cutting-edge lithography technology.

Conversely, Wipro Limited, a stalwart in the IT services sector, has maintained a steady upward trajectory. From 2014 to 2023, Wipro's gross profit increased by nearly 80%, reaching $266 billion. This consistent growth reflects Wipro's strategic expansion and adaptation to the digital transformation wave.

While ASML's growth trajectory is steeper, Wipro's stability and scale in the IT services market highlight its enduring strength. The data for 2024 remains incomplete, leaving room for speculation on future trends.