Gross Profit Trends Compared: ServiceNow, Inc. vs Gartner, Inc.

A Tale of Two Giants: ServiceNow vs. Gartner

In the ever-evolving landscape of technology and research, ServiceNow, Inc. and Gartner, Inc. have emerged as formidable players. Over the past decade, these companies have showcased remarkable growth in their gross profits, reflecting their strategic prowess and market adaptability.

From 2014 to 2023, ServiceNow's gross profit surged by an impressive 1,525%, starting from a modest $433 million to a staggering $7.05 billion. This growth trajectory underscores ServiceNow's expanding influence in the IT service management sector. Meanwhile, Gartner, a leader in research and advisory services, experienced a steady 227% increase in gross profit, reaching $4 billion by 2023.

While ServiceNow's growth outpaced Gartner's, both companies have demonstrated resilience and innovation. The data for 2024 remains incomplete, hinting at potential surprises in the coming year. As these industry titans continue to evolve, their financial journeys offer valuable insights into the dynamics of the tech and research sectors.