Comparing SG&A Expenses: ServiceNow, Inc. vs Marvell Technology, Inc. Trends and Insights

A Tale of Two Tech Giants: ServiceNow vs. Marvell Technology

In the ever-evolving tech landscape, understanding financial trends is crucial. Over the past decade, ServiceNow, Inc. and Marvell Technology, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2024, ServiceNow's SG&A expenses surged by over 900%, reflecting its aggressive growth strategy and market expansion. In contrast, Marvell Technology's expenses grew by approximately 220%, indicating a more measured approach.

Key Insights

• ServiceNow's Growth: By 2024, ServiceNow's SG&A expenses reached nearly $4.79 billion, a testament to its rapid scaling and investment in operational infrastructure.
• Marvell's Strategy: Marvell's expenses peaked in 2022, with a slight decline thereafter, suggesting a strategic shift or efficiency improvements.

These trends highlight the contrasting strategies of two tech powerhouses, offering valuable insights for investors and industry analysts alike.