Cost of Revenue Trends: ServiceNow, Inc. vs CGI Inc.

Cost of Revenue Trends: ServiceNow, Inc. vs CGI Inc.

In the ever-evolving tech industry, understanding cost dynamics is crucial. Over the past decade, ServiceNow, Inc. and CGI Inc. have shown distinct trends in their cost of revenue. CGI Inc., a global IT and business consulting services firm, has consistently maintained a higher cost of revenue, peaking at approximately $12.26 billion in 2024. This represents a 48% increase from 2014. In contrast, ServiceNow, Inc., a leader in cloud-based digital workflows, has seen its cost of revenue grow from $248 million in 2014 to $2.29 billion in 2024, marking an impressive 820% surge. This stark difference highlights ServiceNow's rapid expansion and investment in scaling operations. As the tech landscape continues to shift, these trends offer valuable insights into the strategic priorities and growth trajectories of these industry giants.