Comparing SG&A Expenses: ServiceNow, Inc. vs Sony Group Corporation

In the ever-evolving landscape of global business, understanding the financial strategies of industry giants is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of ServiceNow, Inc. and Sony Group Corporation from 2014 to 2024. Over this decade, ServiceNow's SG&A expenses surged by over 1,000%, reflecting its rapid growth and expansion in the tech sector. In contrast, Sony's expenses remained relatively stable, with a modest increase of about 25%, showcasing its established market presence and efficient cost management.

Key Insights

• ServiceNow's Growth: From 2014 to 2024, ServiceNow's SG&A expenses grew from approximately $437 million to nearly $4.8 billion, highlighting its aggressive market expansion.
• Sony's Stability: Sony's expenses, starting at $1.73 trillion in 2014, reached $2.16 trillion by 2024, indicating a steady approach to managing operational costs.

This comparison underscores the contrasting strategies of a burgeoning tech company versus a seasoned electronics giant.