QUALCOMM Incorporated vs Pure Storage, Inc.: A Gross Profit Performance Breakdown

QUALCOMM vs Pure Storage: A Decade of Gross Profit Evolution

__timestampPure Storage, Inc.QUALCOMM Incorporated
Wednesday, January 1, 20141860400015801000000
Thursday, January 1, 20159689900014903000000
Friday, January 1, 201627244000013805000000
Sunday, January 1, 201747569800012499000000
Monday, January 1, 201866923800012488000000
Tuesday, January 1, 201990229600015674000000
Wednesday, January 1, 2020113355400014276000000
Friday, January 1, 2021114892400019304000000
Saturday, January 1, 2022147251900025565000000
Sunday, January 1, 2023189764600019951000000
Monday, January 1, 2024202119100021902000000
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Unleashing the power of data

A Tale of Two Giants: Gross Profit Trends from 2014 to 2024

In the ever-evolving landscape of technology, the financial performance of industry leaders offers a window into their strategic prowess. Over the past decade, QUALCOMM Incorporated and Pure Storage, Inc. have showcased contrasting trajectories in gross profit growth.

From 2014 to 2024, QUALCOMM's gross profit has consistently dwarfed that of Pure Storage, reflecting its established market dominance. However, Pure Storage has demonstrated remarkable growth, with its gross profit increasing by over 100 times, from a modest $18.6 million in 2014 to an impressive $2.02 billion in 2024. This growth underscores Pure Storage's aggressive expansion and innovation in the data storage sector.

Meanwhile, QUALCOMM's gross profit peaked in 2022, reaching approximately $25.6 billion, before stabilizing around $21.9 billion in 2024. This trend highlights QUALCOMM's resilience and adaptability in the face of market fluctuations.

These insights reveal the dynamic nature of the tech industry, where both established giants and emerging players continue to shape the future.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025