Revenue Insights: ServiceNow, Inc. and Fortinet, Inc. Performance Compared

Tech Giants' Revenue Growth: ServiceNow vs. Fortinet

__timestampFortinet, Inc.ServiceNow, Inc.
Wednesday, January 1, 2014770364000682563000
Thursday, January 1, 201510092680001005480000
Friday, January 1, 201612754430001390513000
Sunday, January 1, 201714949300001933026000
Monday, January 1, 201818012000002608816000
Tuesday, January 1, 201921562000003460437000
Wednesday, January 1, 202025944000004519484000
Friday, January 1, 202133422000005896000000
Saturday, January 1, 202244174000007245000000
Sunday, January 1, 202353048000008971000000
Monday, January 1, 2024595580000010984000000
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Cracking the code

Revenue Growth: A Tale of Two Tech Giants

In the ever-evolving landscape of technology, ServiceNow, Inc. and Fortinet, Inc. have emerged as formidable players. Over the past decade, these companies have demonstrated remarkable revenue growth, reflecting their strategic prowess and market adaptability.

ServiceNow, Inc.: A Meteoric Rise

ServiceNow has seen its revenue skyrocket by over 1,200% from 2014 to 2023. Starting with a modest revenue in 2014, the company has consistently expanded its market share, reaching nearly $9 billion in 2023. This growth underscores ServiceNow's pivotal role in digital transformation and enterprise solutions.

Fortinet, Inc.: Steady and Strong

Fortinet, a leader in cybersecurity, has also shown impressive growth, with its revenue increasing by approximately 590% over the same period. From 2014 to 2023, Fortinet's focus on robust security solutions has paid off, culminating in a revenue of over $5 billion in 2023.

Both companies exemplify the dynamic nature of the tech industry, where innovation and strategic foresight drive success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025