Cost of Revenue Comparison: ServiceNow, Inc. vs Analog Devices, Inc.

Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of technology and electronics, ServiceNow, Inc. and Analog Devices, Inc. stand as titans, each with a unique trajectory in cost management. Over the past decade, from 2014 to 2024, Analog Devices has seen its cost of revenue soar by approximately 291%, reflecting its expansive growth and increased production capabilities. In contrast, ServiceNow has experienced a staggering 819% increase, underscoring its rapid expansion in the software services sector.

A Decade of Growth

Analog Devices, rooted in the semiconductor industry, has consistently managed its costs, peaking in 2022 with a 4.5 billion cost of revenue. Meanwhile, ServiceNow, a leader in cloud-based solutions, has steadily climbed, reaching a cost of 2.3 billion in 2024. This comparison highlights the diverse strategies and market dynamics influencing these industry leaders. As we look to the future, understanding these trends offers valuable insights into the financial health and strategic direction of these companies.