Research and Development Investment: Intuit Inc. vs Hewlett Packard Enterprise Company

Intuit's R&D spending surpasses HPE's in 2023.

__timestampHewlett Packard Enterprise CompanyIntuit Inc.
Wednesday, January 1, 20142197000000758000000
Thursday, January 1, 20152338000000798000000
Friday, January 1, 20162298000000881000000
Sunday, January 1, 20171486000000998000000
Monday, January 1, 201816630000001186000000
Tuesday, January 1, 201918420000001233000000
Wednesday, January 1, 202018740000001392000000
Friday, January 1, 202119790000001678000000
Saturday, January 1, 202220450000002347000000
Sunday, January 1, 202323490000002539000000
Monday, January 1, 202422460000002754000000
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In pursuit of knowledge

A Decade of Innovation: Intuit Inc. vs Hewlett Packard Enterprise

In the ever-evolving tech landscape, research and development (R&D) investments are pivotal for innovation and growth. Over the past decade, Intuit Inc. and Hewlett Packard Enterprise (HPE) have demonstrated contrasting strategies in their R&D expenditures. From 2014 to 2023, HPE consistently invested heavily, peaking in 2023 with a 6% increase from 2022. Meanwhile, Intuit's R&D spending surged by over 230% during the same period, reflecting its aggressive push towards innovation. Notably, in 2023, Intuit's R&D expenses surpassed HPE's for the first time, marking a significant shift in the competitive landscape. This trend underscores the dynamic nature of tech investments and the critical role of R&D in shaping the future of technology.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025