Earlier quoted context omitted.
> tech bubble I think OP misread the quarterly figure as an annual one. “Tech bubble” usually applies to companies with much less than $100 million of profits.
I think the idea of comparing to the tech bubble is that it has skewed our perceptions of how much a company should make per employee, and how fast it should grow. Indeed many bubble companies are making little or no profits, but they don't have 3700 employees to pay every month + printing presses, buildings etc. The ROI is very different
If you’re making “little or no profits” you have no ROI.