Key Insights on Gross Profit: Texas Instruments Incorporated vs Pure Storage, Inc.

Tech Titans' Gross Profit Growth: A Decade in Review

__timestampPure Storage, Inc.Texas Instruments Incorporated
Wednesday, January 1, 2014186040007427000000
Thursday, January 1, 2015968990007560000000
Friday, January 1, 20162724400008240000000
Sunday, January 1, 20174756980009614000000
Monday, January 1, 201866923800010277000000
Tuesday, January 1, 20199022960009164000000
Wednesday, January 1, 202011335540009269000000
Friday, January 1, 2021114892400012376000000
Saturday, January 1, 2022147251900013771000000
Sunday, January 1, 2023189764600011019000000
Monday, January 1, 202420211910009094000000
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Infusing magic into the data realm

A Decade of Gross Profit Growth: Texas Instruments vs. Pure Storage

In the ever-evolving landscape of technology, financial performance is a key indicator of a company's resilience and adaptability. Over the past decade, Texas Instruments Incorporated (TXN) and Pure Storage, Inc. (PSTG) have showcased contrasting trajectories in their gross profit growth.

From 2014 to 2024, Texas Instruments consistently demonstrated robust financial health, with gross profits peaking at approximately $13.8 billion in 2022. This represents a steady growth of around 85% from 2014. Meanwhile, Pure Storage, a relatively newer player, exhibited a remarkable growth trajectory, with gross profits skyrocketing from a modest $18.6 million in 2014 to over $2 billion in 2024, marking an exponential increase of over 10,000%.

This comparison highlights the dynamic nature of the tech industry, where established giants and innovative newcomers both find paths to financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025