Cost Management Insights: SG&A Expenses for ServiceNow, Inc. and Applied Materials, Inc.

Navigating SG&A Expenses: A Tale of Two Giants

In the ever-evolving landscape of technology, cost management remains a pivotal factor for success. Over the past decade, ServiceNow, Inc. and Applied Materials, Inc. have demonstrated contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2024, ServiceNow's SG&A expenses surged by over 990%, reflecting its rapid expansion and aggressive market strategies. In contrast, Applied Materials experienced a more modest increase of approximately 102%, indicative of its steady growth and efficient cost management.

A Decade of Financial Strategy

ServiceNow's expenses grew from 44% of Applied Materials' in 2014 to 267% in 2024, showcasing its dynamic growth. Meanwhile, Applied Materials maintained a consistent upward trend, highlighting its strategic stability. This data underscores the diverse approaches these companies employ in navigating the competitive tech industry, offering valuable insights into their financial strategies.