R&D Spending Showdown: Cisco Systems, Inc. vs Gen Digital Inc.

Cisco's R&D spending soars, Gen Digital's plummets.

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In pursuit of knowledge

The Evolution of R&D Spending: Cisco vs. Gen Digital

In the ever-evolving tech landscape, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Cisco Systems, Inc. has consistently outpaced Gen Digital Inc. in R&D investments. From 2014 to 2024, Cisco's R&D expenses have surged by approximately 27%, peaking at nearly $8 billion in 2024. In contrast, Gen Digital's R&D spending has seen a significant decline, dropping by about 68% over the same period, with a low of $332 million in 2024.

This stark contrast highlights Cisco's strategic focus on maintaining its competitive edge through innovation, while Gen Digital appears to be scaling back its R&D efforts. As the tech industry continues to advance, these spending patterns may influence each company's ability to adapt and thrive in a rapidly changing market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025