Cost of Revenue Comparison: ServiceNow, Inc. vs Seagate Technology Holdings plc

ServiceNow vs. Seagate: A Decade of Cost Evolution

__timestampSeagate Technology Holdings plcServiceNow, Inc.
Wednesday, January 1, 20149878000000248776000
Thursday, January 1, 20159930000000329413000
Friday, January 1, 20168545000000398682000
Sunday, January 1, 20177597000000499772000
Monday, January 1, 20187820000000622658000
Tuesday, January 1, 20197458000000796645000
Wednesday, January 1, 20207667000000987113000
Friday, January 1, 202177640000001353000000
Saturday, January 1, 202281920000001573000000
Sunday, January 1, 202360330000001921000000
Monday, January 1, 202450050000002287000000
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Igniting the spark of knowledge

Cost of Revenue: A Tale of Two Companies

In the ever-evolving tech landscape, ServiceNow, Inc. and Seagate Technology Holdings plc stand as intriguing case studies in cost management. Over the past decade, Seagate's cost of revenue has seen a significant decline, dropping by nearly 50% from 2014 to 2024. This trend reflects the company's strategic shifts in response to market demands and technological advancements. Meanwhile, ServiceNow has experienced a remarkable growth trajectory, with its cost of revenue increasing by over 800% during the same period. This surge underscores ServiceNow's aggressive expansion and investment in cloud-based solutions.

A Decade of Change
From 2014 to 2024, Seagate's cost of revenue decreased from approximately $9.9 billion to $5 billion, while ServiceNow's rose from $249 million to $2.3 billion. These contrasting trends highlight the dynamic nature of the tech industry and the diverse strategies companies employ to navigate it.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025