sectors
Information Technology
ADBE, CRM and CSCO provide three different ways to examine technology revenue. Software subscriptions emphasize the timing of revenue recognition and cash collections; a network-equipment supplier also reports a large product-cost base. Gross profit and operating income should not be compared without understanding what each business includes in cost of revenue. Coverage in this edition: Adobe Inc. (ADBE), Salesforce, Inc. (CRM), Cisco Systems, Inc. (CSCO). Reading approach Compare GAAP margins, stock compensation, product mix and cash conversion. ARR, remaining performance obligations and recognized revenue are different measures. Comparison limits Acquisitions can change the population being compared, while calendar and fiscal year-ends do not align. Use the individual report dates before constructing a time series. Classification note Sector names are editorial research groupings for this website, not a licensed or issuer-confirmed classification. Figures, dates and source links are provided on the company and report pages.
Subscription software and network infrastructure: Reported FY2025 Results →