Cost of Revenue Comparison: ServiceNow, Inc. vs Hewlett Packard Enterprise Company

Cost of Revenue: A Tale of Two Tech Giants

In the ever-evolving landscape of technology, ServiceNow, Inc. and Hewlett Packard Enterprise Company (HPE) stand as titans with distinct trajectories. From 2014 to 2024, HPE's cost of revenue has seen a significant decline, dropping from approximately $39.5 billion to $20.3 billion, a reduction of nearly 49%. This trend reflects HPE's strategic shifts and operational efficiencies over the decade.

Conversely, ServiceNow, Inc. has experienced a remarkable growth in its cost of revenue, surging from $248 million in 2014 to $2.3 billion in 2024, marking an impressive increase of over 800%. This growth underscores ServiceNow's expanding market presence and investment in scaling its operations.

These contrasting trends highlight the dynamic nature of the tech industry, where established giants like HPE streamline operations, while emerging leaders like ServiceNow aggressively expand their footprint.