Who Generates More Revenue? International Business Machines Corporation or Pure Storage, Inc.

IBM vs. Pure Storage: A Decade of Revenue Trends

__timestampInternational Business Machines CorporationPure Storage, Inc.
Wednesday, January 1, 20149279300000042733000
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Friday, January 1, 201679920000000440333000
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Wednesday, January 1, 2020551790000001643440000
Friday, January 1, 2021573510000001684179000
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Sunday, January 1, 2023618600000002753434000
Monday, January 1, 2024627530000002830621000
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Revenue Showdown: IBM vs. Pure Storage

In the ever-evolving tech industry, revenue generation is a key indicator of a company's market position and growth potential. This analysis pits two giants against each other: International Business Machines Corporation (IBM) and Pure Storage, Inc. Over the past decade, IBM has consistently outperformed Pure Storage in terms of revenue, with figures peaking at approximately $92.8 billion in 2014. However, IBM's revenue has seen a gradual decline, dropping to around $62.8 billion by 2024, marking a 32% decrease.

Conversely, Pure Storage has shown impressive growth, starting from a modest $42.7 million in 2014 and climbing to nearly $2.8 billion in 2024. This represents an exponential increase of over 6,500%. While IBM remains a revenue powerhouse, Pure Storage's rapid growth trajectory highlights its potential to disrupt the market. As the tech landscape continues to shift, these trends offer valuable insights into the future of these industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025