__timestamp | Microchip Technology Incorporated | Palo Alto Networks, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 1931217000 | 598179000 |
Thursday, January 1, 2015 | 2147036000 | 928052000 |
Friday, January 1, 2016 | 2173334000 | 1378500000 |
Sunday, January 1, 2017 | 3407807000 | 1761600000 |
Monday, January 1, 2018 | 3980800000 | 2273100000 |
Tuesday, January 1, 2019 | 5349500000 | 2899600000 |
Wednesday, January 1, 2020 | 5274200000 | 3408400000 |
Friday, January 1, 2021 | 5438400000 | 4256100000 |
Saturday, January 1, 2022 | 6820900000 | 5501500000 |
Sunday, January 1, 2023 | 8438700000 | 6892700000 |
Monday, January 1, 2024 | 7634400000 | 8027500000 |
Data in motion
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 Microchip Technology Incorporated have been at the forefront of this financial race. From 2014 to 2024, Microchip Technology's revenue surged by approximately 295%, while Palo Alto Networks saw an impressive increase of around 1,240%.
Starting in 2014, Microchip Technology led with a revenue of $1.93 billion, overshadowing Palo Alto Networks' $598 million. However, by 2023, Palo Alto Networks had closed the gap significantly, reaching $6.89 billion compared to Microchip's $8.44 billion. The year 2024 marked a pivotal moment, with Palo Alto Networks surpassing Microchip Technology for the first time, generating $8.03 billion in revenue. This shift highlights the dynamic nature of the tech industry and the fierce competition between these two giants.
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