Key Insights on Gross Profit: Cadence Design Systems, Inc. vs Gen Digital Inc.

Cadence vs Gen Digital: A Decade of Gross Profit Trends

__timestampCadence Design Systems, Inc.Gen Digital Inc.
Wednesday, January 1, 201413572260005527000000
Thursday, January 1, 201514636380005355000000
Friday, January 1, 201615595910002985000000
Sunday, January 1, 201717056420003166000000
Monday, January 1, 201818792750003814000000
Tuesday, January 1, 201920699620003681000000
Wednesday, January 1, 202023773930002097000000
Friday, January 1, 202126812380002189000000
Saturday, January 1, 202231900950002388000000
Sunday, January 1, 202336549450002749000000
Monday, January 1, 202444303620003081000000
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Unlocking the unknown

A Decade of Gross Profit Trends: Cadence Design Systems, Inc. vs Gen Digital Inc.

In the ever-evolving landscape of technology, financial performance is a key indicator of a company's resilience and growth. Over the past decade, Cadence Design Systems, Inc. and Gen Digital Inc. have showcased intriguing trends in their gross profits. From 2014 to 2023, Cadence Design Systems, Inc. experienced a remarkable growth trajectory, with gross profits increasing by approximately 169%, peaking at $3.65 billion in 2023. In contrast, Gen Digital Inc. displayed a more fluctuating pattern, with a notable dip in 2020, but managed to stabilize with a gross profit of $2.75 billion in 2023. This comparison highlights Cadence's consistent upward momentum, while Gen Digital's journey reflects a more volatile path. As we look to the future, these trends offer valuable insights into the strategic directions and market adaptability of these tech giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025