Research and Development: Comparing Key Metrics for Adobe Inc. and Intuit Inc.

Adobe vs. Intuit: A Decade of R&D Investment Growth

__timestampAdobe Inc.Intuit Inc.
Wednesday, January 1, 2014844353000758000000
Thursday, January 1, 2015862730000798000000
Friday, January 1, 2016975987000881000000
Sunday, January 1, 20171224059000998000000
Monday, January 1, 201815378120001186000000
Tuesday, January 1, 201919302280001233000000
Wednesday, January 1, 202021880000001392000000
Friday, January 1, 202125400000001678000000
Saturday, January 1, 202229870000002347000000
Sunday, January 1, 202334730000002539000000
Monday, January 1, 202439440000002754000000
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Igniting the spark of knowledge

The Evolution of R&D Investments: Adobe Inc. vs. Intuit Inc.

In the ever-evolving tech landscape, research and development (R&D) are pivotal for innovation and growth. Over the past decade, Adobe Inc. and Intuit Inc. have significantly increased their R&D investments, reflecting their commitment to staying at the forefront of technology. Adobe's R&D expenses have surged by approximately 367% from 2014 to 2024, highlighting its aggressive push towards innovation. In contrast, Intuit's R&D spending has grown by about 263% over the same period, showcasing its steady commitment to enhancing its product offerings.

By 2024, Adobe's R&D expenses are projected to reach nearly $3.9 billion, while Intuit's are expected to be around $2.8 billion. This trend underscores the competitive nature of the tech industry, where companies must continually invest in R&D to maintain their market positions and drive future growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025