Key Insights on Gross Profit: Cisco Systems, Inc. vs ANSYS, Inc.

Cisco vs ANSYS: A Decade of Profit Growth

__timestampANSYS, Inc.Cisco Systems, Inc.
Wednesday, January 1, 201478263500027769000000
Thursday, January 1, 201579550700029681000000
Friday, January 1, 201684160500030960000000
Sunday, January 1, 201794508600030224000000
Monday, January 1, 2018113775100030606000000
Tuesday, January 1, 2019134961900032666000000
Wednesday, January 1, 2020145603300031683000000
Friday, January 1, 2021164873100031894000000
Saturday, January 1, 2022181491200032248000000
Sunday, January 1, 2023199865100035753000000
Monday, January 1, 2024226499000034828000000
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Data in motion

A Tale of Two Giants: Cisco Systems, Inc. vs ANSYS, Inc.

In the ever-evolving landscape of technology, Cisco Systems, Inc. and ANSYS, Inc. have carved out significant niches. From 2014 to 2023, Cisco's gross profit consistently dwarfed that of ANSYS, showcasing its dominance in the tech industry. Cisco's gross profit surged by approximately 29% over this period, peaking at $35.75 billion in 2023. Meanwhile, ANSYS demonstrated impressive growth, with its gross profit increasing by over 155%, reaching nearly $2 billion in 2023. This stark contrast highlights Cisco's expansive market reach compared to ANSYS's specialized focus. However, both companies have shown resilience and adaptability, crucial traits in the fast-paced tech world. Notably, data for 2024 is incomplete, leaving room for speculation on future trends. As these industry titans continue to innovate, their financial trajectories will be closely watched by investors and analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025