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

Cost of Revenue Trends: A Tale of Two Companies

In the ever-evolving landscape of technology and manufacturing, ServiceNow, Inc. and Jabil Inc. present a fascinating study in contrasts. Over the past decade, Jabil Inc., a global manufacturing services company, has consistently reported a cost of revenue that dwarfs that of ServiceNow, a leading digital workflow company. From 2014 to 2023, Jabil's cost of revenue surged by approximately 116%, peaking in 2023 before a slight dip in 2024. In contrast, ServiceNow's cost of revenue, while significantly smaller, has grown by an impressive 819% over the same period, reflecting its rapid expansion and increasing market presence.

Key Insights

• Jabil Inc.: Dominates with a cost of revenue consistently over 10 times that of ServiceNow.
• ServiceNow, Inc.: Exhibits exponential growth, indicative of its strategic market positioning.
  This data underscores the diverse strategies and market dynamics shaping these industry leaders.