SAP SE vs ServiceNow, Inc.: A Gross Profit Performance Breakdown

SAP SE vs ServiceNow: A Decade of Gross Profit Growth

In the ever-evolving landscape of enterprise software, SAP SE and ServiceNow, Inc. have emerged as formidable players. Over the past decade, SAP SE has consistently demonstrated robust growth, with its gross profit increasing by approximately 84% from 2014 to 2023. This German multinational has maintained a steady upward trajectory, peaking at an impressive $22.6 billion in 2023.

Meanwhile, ServiceNow, Inc., a relatively newer entrant, has shown remarkable growth, with its gross profit surging by over 1,500% during the same period. Starting from a modest $434 million in 2014, ServiceNow reached a gross profit of $7.05 billion in 2023, showcasing its rapid expansion and increasing market influence.

While SAP SE's growth reflects its established market presence, ServiceNow's meteoric rise highlights its innovative approach and growing demand in the digital transformation era. Notably, data for 2024 is incomplete, indicating potential for further analysis.