Cost of Revenue: Key Insights for ServiceNow, Inc. and Marvell Technology, Inc.

Cost of Revenue Trends: ServiceNow, Inc. vs. Marvell Technology, Inc.

In the ever-evolving tech industry, understanding cost structures is crucial. From 2014 to 2023, Marvell Technology, Inc. and ServiceNow, Inc. have shown distinct trajectories in their cost of revenue. Marvell's cost of revenue surged by approximately 94%, peaking in 2023, reflecting its aggressive expansion and market adaptation strategies. In contrast, ServiceNow's cost of revenue increased by about 670% over the same period, highlighting its rapid growth and scaling efforts. Notably, ServiceNow's data for 2024 is missing, indicating potential reporting delays or strategic shifts. These trends underscore the dynamic nature of tech companies' financial strategies, with Marvell focusing on steady growth and ServiceNow on rapid scaling. Investors and analysts should consider these patterns when evaluating the financial health and strategic direction of these industry leaders.