Key Insights on Gross Profit: Cisco Systems, Inc. vs Check Point Software Technologies Ltd.

Cisco vs. Check Point: A Decade of Profit Growth

__timestampCheck Point Software Technologies Ltd.Cisco Systems, Inc.
Wednesday, January 1, 2014131927500027769000000
Thursday, January 1, 2015144078100029681000000
Friday, January 1, 2016153929800030960000000
Sunday, January 1, 2017164169500030224000000
Monday, January 1, 2018171509600030606000000
Tuesday, January 1, 2019177940000032666000000
Wednesday, January 1, 2020183840000031683000000
Friday, January 1, 2021190870000031894000000
Saturday, January 1, 2022202550000032248000000
Sunday, January 1, 2023213210000035753000000
Monday, January 1, 202434828000000
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In pursuit of knowledge

A Decade of Gross Profit: Cisco vs. Check Point

In the ever-evolving tech landscape, Cisco Systems, Inc. and Check Point Software Technologies Ltd. have been pivotal players. From 2014 to 2023, Cisco's gross profit surged by nearly 29%, peaking at $35.75 billion in 2023. This growth underscores Cisco's robust market position and strategic innovations. Meanwhile, Check Point's gross profit grew by approximately 62%, reaching $2.13 billion in 2023, reflecting its steady expansion in cybersecurity.

Key Insights

Cisco consistently outperformed Check Point, with gross profits averaging over 15 times higher. However, Check Point's growth rate was more dynamic, highlighting its potential in the cybersecurity sector. Notably, 2024 data for Check Point is missing, suggesting a need for updated insights. This comparison not only showcases the financial trajectories of these tech giants but also offers a glimpse into their strategic priorities over the past decade.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025