Cost Insights: Breaking Down Microsoft Corporation and ServiceNow, Inc.'s Expenses

Comparing Microsoft's and ServiceNow's cost evolution over a decade.

__timestampMicrosoft CorporationServiceNow, Inc.
Wednesday, January 1, 201427078000000248776000
Thursday, January 1, 201533038000000329413000
Friday, January 1, 201632780000000398682000
Sunday, January 1, 201734261000000499772000
Monday, January 1, 201838353000000622658000
Tuesday, January 1, 201942910000000796645000
Wednesday, January 1, 202046078000000987113000
Friday, January 1, 2021522320000001353000000
Saturday, January 1, 2022626500000001573000000
Sunday, January 1, 2023658630000001921000000
Monday, January 1, 2024741140000002287000000
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Infusing magic into the data realm

Unveiling Cost Dynamics: Microsoft vs. ServiceNow

In the ever-evolving tech landscape, understanding cost structures is pivotal. From 2014 to 2023, Microsoft Corporation's cost of revenue surged by approximately 174%, reflecting its expansive growth and strategic investments. Starting at $27 billion in 2014, it reached a staggering $66 billion by 2023. Meanwhile, ServiceNow, Inc. showcased a remarkable 672% increase, from $249 million to $1.9 billion, underscoring its rapid ascent in the cloud services sector.

A Decade of Transformation

Microsoft's consistent growth trajectory highlights its robust market position and adaptability. In contrast, ServiceNow's exponential rise illustrates the burgeoning demand for cloud-based solutions. Notably, 2024 data for ServiceNow is missing, hinting at potential shifts or reporting delays. This comparative analysis not only sheds light on the financial strategies of these tech giants but also offers insights into broader industry trends. As we move forward, monitoring these cost dynamics will be crucial for stakeholders and investors alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025