Who Generates Higher Gross Profit? Cisco Systems, Inc. or Corning Incorporated

Cisco's Gross Profit Dominance Over Corning: A Decade in Review

__timestampCisco Systems, Inc.Corning Incorporated
Wednesday, January 1, 2014277690000004052000000
Thursday, January 1, 2015296810000003653000000
Friday, January 1, 2016309600000003746000000
Sunday, January 1, 2017302240000004032000000
Monday, January 1, 2018306060000004461000000
Tuesday, January 1, 2019326660000004035000000
Wednesday, January 1, 2020316830000003531000000
Friday, January 1, 2021318940000005063000000
Saturday, January 1, 2022322480000004506000000
Sunday, January 1, 2023357530000003931000000
Monday, January 1, 2024348280000004276000000
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Unlocking the unknown

A Tale of Two Giants: Cisco vs. Corning

In the ever-evolving landscape of technology and innovation, Cisco Systems, Inc. and Corning Incorporated stand as titans in their respective fields. Over the past decade, Cisco has consistently outperformed Corning in terms of gross profit, with figures often exceeding Corning's by over 600%. From 2014 to 2023, Cisco's gross profit grew steadily, peaking in 2023 with a remarkable 29% increase from its 2014 figures. Meanwhile, Corning's performance, though stable, saw a modest 25% increase over the same period.

This comparison highlights the contrasting scales and market strategies of these two companies. While Cisco's dominance in networking hardware and software drives its substantial profits, Corning's focus on specialty glass and ceramics offers steady, albeit smaller, returns. As we look to the future, the question remains: will Corning's innovations in materials science close the gap, or will Cisco continue to lead the charge?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025