Monolithic Power Systems, Inc. or Guidewire Software, Inc.: Who Invests More in Innovation?

Monolithic Power vs. Guidewire: A Decade of Innovation Investment

__timestampGuidewire Software, Inc.Monolithic Power Systems, Inc.
Wednesday, January 1, 20147617800058590000
Thursday, January 1, 20159344000065787000
Friday, January 1, 201611249600073643000
Sunday, January 1, 201713032300082359000
Monday, January 1, 201817165700093455000
Tuesday, January 1, 2019188541000107757000
Wednesday, January 1, 2020200575000137598000
Friday, January 1, 2021219494000190627000
Saturday, January 1, 2022249665000240171000
Sunday, January 1, 2023249746000263642999
Monday, January 1, 2024269381000
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Unlocking the unknown

Innovation Investment: A Tale of Two Companies

In the ever-evolving tech landscape, innovation is the lifeblood of success. Monolithic Power Systems, Inc. and Guidewire Software, Inc. are two companies that exemplify this ethos. Over the past decade, both have significantly increased their investment in research and development (R&D), a key indicator of their commitment to innovation.

From 2014 to 2023, Guidewire Software, Inc. consistently led the charge, with R&D expenses growing by approximately 230%. However, Monolithic Power Systems, Inc. has shown remarkable growth, especially in recent years, with a staggering 350% increase in R&D spending from 2014 to 2023. By 2023, Monolithic Power Systems, Inc. surpassed Guidewire Software, Inc. in R&D investment, highlighting its aggressive push towards innovation.

This trend underscores the dynamic nature of the tech industry, where companies must continuously adapt and invest in new technologies to maintain a competitive edge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025