Key Insights on Gross Profit: Salesforce, Inc. vs ServiceNow, Inc.

A Decade of Growth: Salesforce vs. ServiceNow

In the ever-evolving landscape of cloud computing, Salesforce, Inc. and ServiceNow, Inc. have emerged as titans. Over the past decade, from 2014 to 2024, both companies have demonstrated impressive growth in gross profit, a key indicator of financial health. Salesforce, a pioneer in customer relationship management, has seen its gross profit soar by over 750%, from approximately $3.1 billion in 2014 to an estimated $26.3 billion in 2024. Meanwhile, ServiceNow, a leader in digital workflow solutions, has experienced a remarkable 1,900% increase, growing from around $434 million to nearly $8.7 billion in the same period.

This data highlights the robust expansion of the cloud industry and the increasing demand for digital transformation solutions. As businesses continue to prioritize efficiency and customer engagement, both Salesforce and ServiceNow are well-positioned to capitalize on these trends, driving further growth and innovation.