Who Generates More Revenue? Palo Alto Networks, Inc. or Cadence Design Systems, Inc.

Palo Alto Networks leads revenue growth over Cadence Design Systems.

__timestampCadence Design Systems, Inc.Palo Alto Networks, Inc.
Wednesday, January 1, 20141580932000598179000
Thursday, January 1, 20151702091000928052000
Friday, January 1, 201618160830001378500000
Sunday, January 1, 201719430320001761600000
Monday, January 1, 201821380220002273100000
Tuesday, January 1, 201923363190002899600000
Wednesday, January 1, 202026828910003408400000
Friday, January 1, 202129882440004256100000
Saturday, January 1, 202235617180005501500000
Sunday, January 1, 202340899860006892700000
Monday, January 1, 202446412640008027500000
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Unlocking the unknown

Revenue Race: Palo Alto Networks vs. Cadence Design Systems

In the ever-evolving tech industry, revenue growth is a key indicator of a company's success. Over the past decade, Palo Alto Networks, Inc. and Cadence Design Systems, Inc. have been at the forefront of this financial race. From 2014 to 2023, Palo Alto Networks has consistently outpaced Cadence Design Systems in revenue generation. Starting with a modest lead in 2014, Palo Alto Networks saw its revenue grow by over 1,000%, reaching approximately $6.9 billion by 2023. In contrast, Cadence Design Systems experienced a steady growth of around 160%, culminating in a revenue of about $4.1 billion in the same year. This trend highlights Palo Alto Networks' aggressive expansion and market penetration, while Cadence Design Systems maintains a stable yet slower growth trajectory. The data for 2024 is incomplete, but the trend suggests Palo Alto Networks will continue to lead.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025