Gross Profit Analysis: Comparing ServiceNow, Inc. and Adobe Inc.

ServiceNow's explosive growth outpaces Adobe's steady rise.

__timestampAdobe Inc.ServiceNow, Inc.
Wednesday, January 1, 20143524985000433787000
Thursday, January 1, 20154051194000676067000
Friday, January 1, 20165034522000991831000
Sunday, January 1, 201762910140001433254000
Monday, January 1, 201878350090001986158000
Tuesday, January 1, 201994985770002663792000
Wednesday, January 1, 2020111460000003532371000
Friday, January 1, 2021139200000004543000000
Saturday, January 1, 2022154410000005672000000
Sunday, January 1, 2023170550000007050000000
Monday, January 1, 2024191470000008697000000
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Igniting the spark of knowledge

Gross Profit Growth: ServiceNow vs. Adobe

In the ever-evolving tech industry, ServiceNow, Inc. and Adobe Inc. have emerged as significant players, showcasing impressive growth in gross profit over the past decade. From 2014 to 2024, Adobe's gross profit surged by approximately 443%, reflecting its robust market strategies and innovative product offerings. Meanwhile, ServiceNow demonstrated an even more remarkable growth trajectory, with its gross profit increasing by nearly 1,905% during the same period. This stark contrast highlights ServiceNow's rapid expansion and increasing market penetration.

A Decade of Transformation

Adobe's consistent growth, averaging a 15% annual increase, underscores its ability to adapt and thrive in a competitive landscape. On the other hand, ServiceNow's exponential growth, averaging 40% annually, signals its rising influence and potential to disrupt traditional business models. As we look to the future, these trends suggest a dynamic shift in the tech industry's power balance, with both companies poised for continued success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025