Who Generates More Revenue? Palo Alto Networks, Inc. or Microchip Technology Incorporated

Tech Titans' Revenue Battle: 2014-2024

__timestampMicrochip Technology IncorporatedPalo Alto Networks, Inc.
Wednesday, January 1, 20141931217000598179000
Thursday, January 1, 20152147036000928052000
Friday, January 1, 201621733340001378500000
Sunday, January 1, 201734078070001761600000
Monday, January 1, 201839808000002273100000
Tuesday, January 1, 201953495000002899600000
Wednesday, January 1, 202052742000003408400000
Friday, January 1, 202154384000004256100000
Saturday, January 1, 202268209000005501500000
Sunday, January 1, 202384387000006892700000
Monday, January 1, 202476344000008027500000
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Data in motion

Revenue Race: Palo Alto Networks vs. Microchip Technology

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%.

A Decade of Growth

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025