Switch Inc
F:821
Switch Inc
Tax Provision
Switch Inc
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
S
|
Switch Inc
F:821
|
Tax Provision
-$4.8m
|
CAGR 3-Years
-48%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Cloudflare Inc
NYSE:NET
|
Tax Provision
-$7.9m
|
CAGR 3-Years
14%
|
CAGR 5-Years
-48%
|
CAGR 10-Years
N/A
|
|
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GoDaddy Inc
NYSE:GDDY
|
Tax Provision
$171.5m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
70%
|
CAGR 10-Years
51%
|
|
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Snowflake Inc.
NYSE:SNOW
|
Tax Provision
-$4.1m
|
CAGR 3-Years
-11%
|
CAGR 5-Years
-33%
|
CAGR 10-Years
N/A
|
|
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Okta Inc
NASDAQ:OKTA
|
Tax Provision
-$18m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Verisign Inc
NASDAQ:VRSN
|
Tax Provision
-$236.2m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
-6%
|
Switch Inc
Glance View
Switch Inc. emerged on the technology landscape as a formidable force, redefining how data centers operate. Founded with a vision to transform an industry traditionally dominated by bulkiness and inefficiency, the company set out to create some of the world’s most advanced and sustainable data centers. This endeavor was spearheaded by innovating hyperscale facilities, designed to store, manage, and protect data in a redundant, robust, and secure manner. By strategically building its data centers in locations with optimal climates and incorporating sustainable energy solutions, Switch Inc. capitalized on reducing operational costs and enhancing environmental sustainability. The business model of Switch Inc. is centered around offering colocation services to enterprises looking to outsource their data storage needs. By providing space, power, cooling, and security for servers, Switch leases out its facilities to companies who demand reliability and scalability. Revenue flows as these businesses pay Switch for the physical space and the infrastructure’s connectivity and security features. With clients ranging from cloud service providers to financial institutions, Switch Inc. not only ensures data is housed in state-of-the-art environments but also guarantees rapid, dependable access. This model, focused on leasing top-tier facilities rather than monetizing software or technology per se, is where Switch finds its competitive niche and financial success.
See Also
What is Switch Inc's Tax Provision?
Tax Provision
-4.8m
USD
Based on the financial report for Sep 30, 2022, Switch Inc's Tax Provision amounts to -4.8m USD.
What is Switch Inc's Tax Provision growth rate?
Tax Provision CAGR 3Y
-48%
Over the last year, the Tax Provision growth was 23%. The average annual Tax Provision growth rates for Switch Inc have been -48% over the past three years .