SG&A Expenses: A Tale of Two Tech Giants

ServiceNow vs. Dell Technologies: A Financial Perspective

In the ever-evolving tech industry, understanding financial trends is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of ServiceNow, Inc. and Dell Technologies Inc. from 2014 to 2024. Over this decade, Dell's SG&A expenses have shown a fluctuating pattern, peaking in 2019 with a 52% increase from 2014, before gradually declining. In contrast, ServiceNow's expenses have consistently risen, marking a staggering 996% increase by 2024. This divergence highlights Dell's strategic cost management amidst market challenges, while ServiceNow's growth reflects its aggressive expansion strategy. As the tech landscape shifts, these trends offer insights into each company's operational priorities and market positioning. Understanding these financial dynamics can provide investors and analysts with a clearer picture of how these tech giants navigate their fiscal responsibilities.