Who Generates Higher Gross Profit? International Business Machines Corporation or Block, Inc.

IBM vs. Block: A Decade of Gross Profit Dynamics

__timestampBlock, Inc.International Business Machines Corporation
Wednesday, January 1, 201422607400046407000000
Thursday, January 1, 201537003000040684000000
Friday, January 1, 201657603800038516000000
Sunday, January 1, 201783930600036943000000
Monday, January 1, 2018130370000036936000000
Tuesday, January 1, 2019188968500031533000000
Wednesday, January 1, 2020273340900030865000000
Friday, January 1, 2021441982300031486000000
Saturday, January 1, 2022599189200032687000000
Sunday, January 1, 2023750488600034300000000
Monday, January 1, 202435551000000
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Igniting the spark of knowledge

A Tale of Two Giants: IBM vs. Block, Inc.

In the ever-evolving landscape of technology and finance, two titans stand out: International Business Machines Corporation (IBM) and Block, Inc. (formerly known as Square). Over the past decade, these companies have showcased contrasting trajectories in gross profit generation. IBM, a stalwart in the tech industry, consistently reported gross profits exceeding $30 billion annually from 2014 to 2023. In contrast, Block, Inc., a disruptor in the financial technology sector, demonstrated remarkable growth, with gross profits surging from a modest $226 million in 2014 to an impressive $7.5 billion by 2023.

While IBM's gross profit remained relatively stable, Block, Inc. experienced a staggering 3,200% increase over the same period. This dynamic shift highlights the rapid ascent of fintech companies in the global market. As we look to the future, the question remains: will Block, Inc. continue its upward trajectory, or will IBM's enduring legacy prevail?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025