Breaking Down SG&A Expenses: ServiceNow, Inc. vs Corning Incorporated

A Tale of Two Giants: ServiceNow vs. Corning's SG&A Evolution

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a critical indicator of a company's operational efficiency. Over the past decade, ServiceNow, Inc. and Corning Incorporated have showcased contrasting trajectories in their SG&A expenditures.

From 2014 to 2024, ServiceNow's SG&A expenses surged by over 1,000%, reflecting its rapid growth and expansion in the tech industry. In contrast, Corning's expenses grew by approximately 60%, indicating a more stable and controlled financial strategy. By 2024, ServiceNow's SG&A expenses reached nearly $4.8 billion, dwarfing Corning's $1.9 billion.

This divergence highlights the dynamic nature of tech companies like ServiceNow, which prioritize aggressive scaling, compared to the steady approach of manufacturing stalwarts like Corning. As businesses navigate the complexities of modern markets, understanding these financial strategies becomes paramount for investors and analysts alike.