| __timestamp | Garmin Ltd. | International Business Machines Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 395121000 | 5437000000 |
| Thursday, January 1, 2015 | 427043000 | 5247000000 |
| Friday, January 1, 2016 | 467960000 | 5726000000 |
| Sunday, January 1, 2017 | 511634000 | 5590000000 |
| Monday, January 1, 2018 | 567805000 | 5379000000 |
| Tuesday, January 1, 2019 | 605366000 | 5910000000 |
| Wednesday, January 1, 2020 | 705685000 | 6262000000 |
| Friday, January 1, 2021 | 840024000 | 6488000000 |
| Saturday, January 1, 2022 | 834927000 | 6567000000 |
| Sunday, January 1, 2023 | 904696000 | 6775000000 |
| Monday, January 1, 2024 | 993601000 | 0 |
Infusing magic into the data realm
In the ever-evolving tech landscape, research and development (R&D) spending is a critical indicator of innovation and future growth. Over the past decade, International Business Machines Corporation (IBM) and Garmin Ltd. have showcased contrasting R&D investment strategies.
From 2014 to 2023, IBM has consistently invested in R&D, with expenditures peaking at approximately $6.8 billion in 2023. This represents a steady increase of around 25% from 2014, underscoring IBM's commitment to maintaining its technological edge.
Garmin, on the other hand, has demonstrated a more dynamic growth trajectory. Starting at $395 million in 2014, Garmin's R&D spending surged by over 120%, reaching $905 million in 2023. This rapid increase highlights Garmin's aggressive push into new markets and technologies.
Interestingly, the data for 2024 is incomplete, leaving room for speculation on future trends.
International Business Machines Corporation vs Garmin Ltd.: Examining Key Revenue Metrics
Cost of Revenue Comparison: International Business Machines Corporation vs Garmin Ltd.
Who Prioritizes Innovation? R&D Spending Compared for International Business Machines Corporation and Fair Isaac Corporation
International Business Machines Corporation vs Block, Inc.: Strategic Focus on R&D Spending
Research and Development Expenses Breakdown: International Business Machines Corporation vs Gartner, Inc.
Gross Profit Trends Compared: International Business Machines Corporation vs Garmin Ltd.
Research and Development: Comparing Key Metrics for International Business Machines Corporation and Corning Incorporated
Research and Development Expenses Breakdown: International Business Machines Corporation vs Take-Two Interactive Software, Inc.
Analyzing R&D Budgets: International Business Machines Corporation vs HP Inc.
International Business Machines Corporation vs HubSpot, Inc.: Strategic Focus on R&D Spending
Operational Costs Compared: SG&A Analysis of International Business Machines Corporation and Garmin Ltd.
EBITDA Metrics Evaluated: International Business Machines Corporation vs Garmin Ltd.