Revenue Showdown: Intuit Inc. vs Hewlett Packard Enterprise Company

Intuit's revenue soars as HPE faces decline.

__timestampHewlett Packard Enterprise CompanyIntuit Inc.
Wednesday, January 1, 2014551230000004506000000
Thursday, January 1, 2015521070000004192000000
Friday, January 1, 2016501230000004694000000
Sunday, January 1, 2017288710000005177000000
Monday, January 1, 2018308520000005964000000
Tuesday, January 1, 2019291350000006784000000
Wednesday, January 1, 2020269820000007679000000
Friday, January 1, 2021277840000009633000000
Saturday, January 1, 20222849600000012726000000
Sunday, January 1, 20232913500000014368000000
Monday, January 1, 20243012700000016285000000
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Revenue Showdown: Intuit Inc. vs Hewlett Packard Enterprise Company

In the ever-evolving landscape of technology giants, the revenue trajectories of Intuit Inc. and Hewlett Packard Enterprise Company (HPE) offer a fascinating glimpse into their strategic directions over the past decade. From 2014 to 2024, HPE's revenue has seen a significant decline of approximately 45%, dropping from its peak in 2014. This trend reflects the company's strategic shifts and market challenges. In contrast, Intuit Inc. has experienced a robust growth of nearly 260% in the same period, showcasing its successful adaptation to the digital economy and increasing demand for financial software solutions.

The year 2017 marked a pivotal point for HPE, with revenues nearly halving, while Intuit's steady climb began to accelerate. By 2024, Intuit's revenue is projected to reach over half of HPE's, a remarkable feat considering their starting points. This revenue showdown underscores the dynamic nature of the tech industry and the importance of innovation and adaptability.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025