Gross Profit Trends Compared: ServiceNow, Inc. vs Wipro Limited

Gross Profit Trends: ServiceNow vs. Wipro

In the ever-evolving landscape of technology and services, ServiceNow, Inc. and Wipro Limited have emerged as significant players. Over the past decade, ServiceNow has demonstrated a remarkable growth trajectory, with its gross profit surging from approximately $434 million in 2014 to an impressive $7.05 billion by 2023. This represents a staggering increase of over 1,500%, underscoring its rapid expansion and market penetration.

Conversely, Wipro Limited, a stalwart in the IT services sector, has maintained a steady growth pattern. Starting with a gross profit of around $148 billion in 2014, it reached approximately $266 billion in 2023, marking a growth of about 80%. While Wipro's growth rate is more modest compared to ServiceNow, its consistent performance highlights its stability and resilience in the global market.

The data for 2024 is incomplete, indicating potential future insights yet to be unveiled. This comparison not only showcases the dynamic nature of the tech industry but also highlights the diverse growth strategies employed by these two giants.