R&D Spending Showdown: Atlassian Corporation vs Garmin Ltd.

Atlassian vs Garmin: R&D Spending Trends Over a Decade

__timestampAtlassian CorporationGarmin Ltd.
Wednesday, January 1, 201478640000395121000
Thursday, January 1, 2015140853000427043000
Friday, January 1, 2016208306000467960000
Sunday, January 1, 2017310168000511634000
Monday, January 1, 2018415776000567805000
Tuesday, January 1, 2019579134000605366000
Wednesday, January 1, 2020763188000705685000
Friday, January 1, 2021963326000840024000
Saturday, January 1, 20221397568000834927000
Sunday, January 1, 20231869881000904696000
Monday, January 1, 20242184111000993601000
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Unleashing insights

R&D Spending: A Tale of Two Innovators

In the ever-evolving tech landscape, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Atlassian Corporation and Garmin Ltd. have showcased contrasting trajectories in their R&D investments. Atlassian's R&D expenses have skyrocketed, growing nearly 28 times from 2014 to 2024, reflecting its aggressive push into new technologies and markets. In contrast, Garmin's R&D spending has seen a steady increase, peaking in 2023 with a 129% rise since 2014, before data becomes unavailable in 2024. This divergence highlights Atlassian's rapid expansion strategy compared to Garmin's more measured approach. As we look to the future, these trends may offer insights into each company's potential for innovation and market leadership.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025