Key Insights on Gross Profit: QUALCOMM Incorporated vs Gen Digital Inc.

A Decade of Gross Profit Trends: QUALCOMM vs. Gen Digital

In the ever-evolving landscape of technology, understanding financial performance is crucial. Over the past decade, QUALCOMM Incorporated has consistently outperformed Gen Digital Inc. in terms of gross profit. From 2014 to 2024, QUALCOMM's gross profit has shown a robust upward trend, peaking in 2022 with a staggering 25.6 billion dollars, marking a 62% increase from its 2014 figures. In contrast, Gen Digital's gross profit has experienced fluctuations, with a notable decline of 62% from 2014 to 2020, before rebounding to 3.1 billion dollars in 2024. This recovery highlights Gen Digital's resilience amidst market challenges. The data underscores QUALCOMM's dominant position in the industry, while Gen Digital's journey reflects the volatility and potential for growth in the tech sector. As we look to the future, these insights provide a valuable lens through which to view the financial health and strategic direction of these industry giants.