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

Cost of Revenue: A Tale of Two Tech Giants

In the ever-evolving tech landscape, ServiceNow, Inc. and Autodesk, Inc. have carved distinct paths. Since 2014, ServiceNow's cost of revenue has surged by over 670%, reflecting its rapid expansion and increased operational scale. In contrast, Autodesk's cost of revenue has grown by approximately 86%, showcasing steady growth in its established market.

ServiceNow's Meteoric Rise

ServiceNow's cost of revenue jumped from around $249 million in 2014 to nearly $1.92 billion in 2023, highlighting its aggressive growth strategy and market penetration. This increase underscores the company's commitment to scaling its cloud-based services.

Autodesk's Steady Climb

Autodesk, a stalwart in design software, saw its cost of revenue rise from $274 million in 2014 to $511 million in 2024. This consistent growth reflects its strategic investments in innovation and customer retention.

While ServiceNow's data for 2024 is missing, the trends reveal a dynamic narrative of growth and adaptation in the tech industry.