Cost Insights: Breaking Down ServiceNow, Inc. and Applied Materials, Inc.'s Expenses

Cost Insights: A Comparative Analysis of ServiceNow, Inc. and Applied Materials, Inc.

In the ever-evolving landscape of technology and manufacturing, understanding cost structures is crucial. This analysis delves into the cost of revenue trends for ServiceNow, Inc. and Applied Materials, Inc. over the past decade. From 2014 to 2024, Applied Materials, Inc. has seen a steady increase in its cost of revenue, peaking at approximately $14.3 billion in 2024, a 173% rise from 2014. In contrast, ServiceNow, Inc. has experienced a more dramatic growth, with its cost of revenue surging by over 800% from 2014 to 2024, reaching around $2.3 billion. This stark difference highlights the diverse operational scales and growth trajectories of these two industry giants. As businesses navigate the complexities of cost management, these insights offer a window into strategic financial planning and resource allocation.