Gross Profit Comparison: Microsoft Corporation and ServiceNow, Inc. Trends

Microsoft vs. ServiceNow: A Decade of Profit Growth

__timestampMicrosoft CorporationServiceNow, Inc.
Wednesday, January 1, 201459755000000433787000
Thursday, January 1, 201560542000000676067000
Friday, January 1, 201658374000000991831000
Sunday, January 1, 2017623100000001433254000
Monday, January 1, 2018720070000001986158000
Tuesday, January 1, 2019829330000002663792000
Wednesday, January 1, 2020969370000003532371000
Friday, January 1, 20211158560000004543000000
Saturday, January 1, 20221356200000005672000000
Sunday, January 1, 20231460520000007050000000
Monday, January 1, 20241710080000008697000000
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Unlocking the unknown

A Decade of Growth: Microsoft vs. ServiceNow

In the ever-evolving tech landscape, Microsoft Corporation and ServiceNow, Inc. have showcased remarkable growth trajectories over the past decade. From 2014 to 2023, Microsoft's gross profit surged by approximately 186%, reflecting its robust expansion and strategic innovations. In contrast, ServiceNow, a rising star in the cloud computing sector, experienced an impressive growth of over 1,500% in the same period, albeit from a smaller base.

Key Insights

  • Microsoft's Dominance: By 2023, Microsoft's gross profit reached a staggering $146 billion, underscoring its dominance in the tech industry.
  • ServiceNow's Rapid Ascent: Despite its smaller scale, ServiceNow's gross profit grew to $7 billion, highlighting its rapid ascent in the enterprise software market.

While Microsoft's growth is steady and substantial, ServiceNow's trajectory is a testament to the potential of emerging tech companies. The data for 2024 is incomplete, leaving room for speculation on future trends.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025