Annual Revenue Comparison: ServiceNow, Inc. vs NetApp, Inc.

A Decade of Growth: ServiceNow vs. NetApp

In the ever-evolving tech landscape, ServiceNow, Inc. and NetApp, Inc. have showcased contrasting revenue trajectories over the past decade. From 2014 to 2024, ServiceNow's revenue surged by an impressive 1,500%, reflecting its robust growth strategy and increasing market demand for cloud-based solutions. In contrast, NetApp's revenue remained relatively stable, with a modest 1% increase, highlighting its steady presence in the data management sector.

Key Insights

• ServiceNow's Meteoric Rise: Starting at just 682 million in 2014, ServiceNow's revenue skyrocketed to over 10 billion by 2024, underscoring its pivotal role in digital transformation.
• NetApp's Consistency: Despite the tech industry's volatility, NetApp maintained a consistent revenue stream, peaking at 6.36 billion in 2023.
  This comparison not only highlights the dynamic nature of the tech industry but also emphasizes the diverse strategies companies employ to navigate market challenges.