Breaking Down SG&A Expenses: ServiceNow, Inc. vs KLA Corporation

A Tale of Two Giants: ServiceNow, Inc. vs KLA Corporation

In the ever-evolving landscape of technology, ServiceNow, Inc. and KLA Corporation stand as titans, each with a unique approach to managing Selling, General, and Administrative (SG&A) expenses. Over the past decade, ServiceNow has seen a staggering increase in SG&A expenses, growing nearly tenfold from 2014 to 2024. This reflects its aggressive expansion strategy and commitment to innovation. In contrast, KLA Corporation has maintained a more conservative growth trajectory, with SG&A expenses increasing by approximately 150% over the same period.

This divergence highlights the distinct business models of these companies. ServiceNow's rapid growth is indicative of its focus on scaling operations and capturing market share, while KLA's steady rise suggests a focus on efficiency and stability. As we look to the future, these trends offer valuable insights into the strategic priorities of these industry leaders.