Revenue Showdown: Cisco Systems, Inc. vs Palo Alto Networks, Inc.

Cisco vs. Palo Alto: A Decade of Revenue Growth

__timestampCisco Systems, Inc.Palo Alto Networks, Inc.
Wednesday, January 1, 201447142000000598179000
Thursday, January 1, 201549161000000928052000
Friday, January 1, 2016492470000001378500000
Sunday, January 1, 2017480050000001761600000
Monday, January 1, 2018493300000002273100000
Tuesday, January 1, 2019519040000002899600000
Wednesday, January 1, 2020493010000003408400000
Friday, January 1, 2021498180000004256100000
Saturday, January 1, 2022515570000005501500000
Sunday, January 1, 2023569980000006892700000
Monday, January 1, 2024538030000008027500000
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Unlocking the unknown

Revenue Showdown: A Decade of Growth and Competition

In the ever-evolving tech landscape, Cisco Systems, Inc. and Palo Alto Networks, Inc. have been pivotal players. Over the past decade, Cisco's revenue has shown a steady increase, peaking in 2023 with a 21% rise from 2014. Meanwhile, Palo Alto Networks has experienced a staggering growth, with its revenue surging by over 1,200% during the same period. This remarkable growth trajectory highlights Palo Alto's aggressive expansion and innovation in cybersecurity.

A Tale of Two Giants

While Cisco remains a dominant force with its vast networking solutions, Palo Alto Networks is rapidly closing the gap, driven by the increasing demand for robust cybersecurity solutions. As of 2024, Cisco's revenue is approximately six times that of Palo Alto Networks, but the latter's growth rate suggests a dynamic shift in the tech industry. This revenue showdown underscores the competitive spirit and innovation driving these tech giants forward.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025