Cost of Revenue Comparison: Salesforce, Inc. vs ServiceNow, Inc.

Salesforce vs. ServiceNow: A Decade of Revenue Growth

__timestampSalesforce, Inc.ServiceNow, Inc.
Wednesday, January 1, 2014968428000248776000
Thursday, January 1, 20151289270000329413000
Friday, January 1, 20161654548000398682000
Sunday, January 1, 20172234000000499772000
Monday, January 1, 20182773000000622658000
Tuesday, January 1, 20193451000000796645000
Wednesday, January 1, 20204235000000987113000
Friday, January 1, 202154380000001353000000
Saturday, January 1, 202270260000001573000000
Sunday, January 1, 202383600000001921000000
Monday, January 1, 202485410000002287000000
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Igniting the spark of knowledge

A Decade of Growth: Salesforce vs. ServiceNow

In the ever-evolving landscape of cloud computing, Salesforce, Inc. and ServiceNow, Inc. have emerged as titans, each carving out a significant niche. Over the past decade, from 2014 to 2024, these companies have demonstrated remarkable growth in their cost of revenue, a key indicator of their operational scale and market expansion.

Salesforce, a pioneer in customer relationship management, has seen its cost of revenue soar by approximately 782%, reflecting its aggressive expansion and innovation strategies. In contrast, ServiceNow, a leader in digital workflow solutions, has experienced a 819% increase, underscoring its rapid adoption across industries.

This comparison not only highlights the competitive dynamics between these two giants but also showcases the broader trend of digital transformation. As businesses increasingly rely on cloud-based solutions, understanding these financial metrics provides valuable insights into the strategic directions and market positions of these industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025