Selling, General, and Administrative Costs: ServiceNow, Inc. vs Monolithic Power Systems, Inc.

A Tale of Two Companies: ServiceNow, Inc. vs Monolithic Power Systems, Inc.

In the ever-evolving landscape of technology, understanding the financial health of companies is crucial. This chart provides a fascinating glimpse into the Selling, General, and Administrative (SG&A) expenses of two tech giants: ServiceNow, Inc. and Monolithic Power Systems, Inc., from 2014 to 2023.

ServiceNow, Inc. has shown a remarkable upward trajectory in its SG&A expenses, growing nearly tenfold from 2014 to 2023. This reflects its aggressive expansion and investment in scaling operations. In contrast, Monolithic Power Systems, Inc. has experienced a more modest increase, with its expenses quadrupling over the same period. This suggests a more conservative growth strategy.

Interestingly, the data for 2024 is incomplete, highlighting the dynamic nature of financial forecasting. As these companies continue to evolve, their financial strategies will undoubtedly play a pivotal role in shaping their future success.