Key Insights on Gross Profit: ServiceNow, Inc. vs Fidelity National Information Services, Inc.

A Decade of Gross Profit Trends: ServiceNow vs. Fidelity National Information Services

In the ever-evolving landscape of technology and financial services, ServiceNow, Inc. and Fidelity National Information Services, Inc. (FIS) have showcased intriguing trajectories in their gross profit over the past decade. From 2014 to 2023, ServiceNow has demonstrated a remarkable growth trajectory, with its gross profit surging by over 1,500%, reaching approximately $7.05 billion in 2023. This growth underscores ServiceNow's robust expansion in the cloud computing sector.

Conversely, FIS, a stalwart in financial services, experienced a more modest growth of around 77% during the same period, peaking at $5.71 billion in 2022 before a slight dip in 2023. This contrast highlights the dynamic nature of the tech industry compared to traditional financial services. Notably, data for 2024 is incomplete, leaving room for speculation on future trends. As these giants continue to evolve, their financial narratives offer valuable insights into industry shifts.