Gross Profit Analysis: Comparing ServiceNow, Inc. and QUALCOMM Incorporated

ServiceNow's explosive growth vs. QUALCOMM's steady rise.

__timestampQUALCOMM IncorporatedServiceNow, Inc.
Wednesday, January 1, 201415801000000433787000
Thursday, January 1, 201514903000000676067000
Friday, January 1, 201613805000000991831000
Sunday, January 1, 2017124990000001433254000
Monday, January 1, 2018124880000001986158000
Tuesday, January 1, 2019156740000002663792000
Wednesday, January 1, 2020142760000003532371000
Friday, January 1, 2021193040000004543000000
Saturday, January 1, 2022255650000005672000000
Sunday, January 1, 2023199510000007050000000
Monday, January 1, 2024219020000008697000000
Loading chart...

Cracking the code

Gross Profit Trends: ServiceNow vs. QUALCOMM

A Decade of Financial Evolution

In the ever-evolving tech landscape, ServiceNow, Inc. and QUALCOMM Incorporated have showcased distinct financial trajectories over the past decade. From 2014 to 2024, QUALCOMM's gross profit has seen a robust growth of approximately 39%, peaking in 2022. This reflects its stronghold in the semiconductor industry, despite a slight dip in 2023. Meanwhile, ServiceNow has experienced a staggering increase of nearly 1,900% in gross profit, underscoring its rapid ascent in the cloud computing sector. By 2024, ServiceNow's gross profit reached 8.7 billion, a testament to its strategic expansion and innovation. This comparative analysis not only highlights the dynamic nature of the tech industry but also underscores the importance of strategic positioning and innovation in driving financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025