Texas Instruments Incorporated vs Fortinet, Inc.: A Gross Profit Performance Breakdown

Texas Instruments vs. Fortinet: A Decade of Profit Growth

__timestampFortinet, Inc.Texas Instruments Incorporated
Wednesday, January 1, 20145393550007427000000
Thursday, January 1, 20157224910007560000000
Friday, January 1, 20169376060008240000000
Sunday, January 1, 201711096460009614000000
Monday, January 1, 2018135080000010277000000
Tuesday, January 1, 201916503000009164000000
Wednesday, January 1, 202020244000009269000000
Friday, January 1, 2021255920000012376000000
Saturday, January 1, 2022333250000013771000000
Sunday, January 1, 2023406760000011019000000
Monday, January 1, 202447982000009094000000
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Igniting the spark of knowledge

A Tale of Two Giants: Texas Instruments vs. Fortinet

In the ever-evolving landscape of technology, Texas Instruments Incorporated and Fortinet, Inc. have carved out significant niches. Over the past decade, Texas Instruments has consistently demonstrated robust performance, with its gross profit peaking at approximately $13.8 billion in 2022, marking a 48% increase from 2014. Meanwhile, Fortinet has shown remarkable growth, with its gross profit surging by over 650% from 2014 to 2023, reaching around $4.1 billion.

A Decade of Growth

From 2014 to 2023, Texas Instruments maintained a steady upward trajectory, with a notable spike in 2021, where profits soared by 33% compared to the previous year. Fortinet, on the other hand, experienced exponential growth, particularly from 2020 onwards, reflecting its strategic expansion in cybersecurity solutions.

Despite missing data for 2024, the trends highlight the resilience and adaptability of these tech titans in a competitive market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025