Selling, General, and Administrative Costs: ServiceNow, Inc. vs Teledyne Technologies Incorporated

A Tale of Two Companies: ServiceNow, Inc. vs. Teledyne Technologies Incorporated

In the ever-evolving landscape of corporate America, understanding the financial dynamics of industry leaders is crucial. ServiceNow, Inc. and Teledyne Technologies Incorporated, two giants in their respective fields, offer a fascinating study in contrast when it comes to Selling, General, and Administrative (SG&A) expenses over the past decade.

From 2014 to 2023, ServiceNow's SG&A expenses skyrocketed by over 990%, reflecting its aggressive growth strategy and expansion efforts. In contrast, Teledyne's expenses grew by a modest 97%, indicating a more conservative approach. Notably, ServiceNow's expenses surpassed Teledyne's by 2020, highlighting its rapid ascent in the tech industry.

While ServiceNow's expenses continued to climb, reaching a peak in 2024, Teledyne's data for 2024 remains elusive, leaving room for speculation. This financial narrative underscores the diverse strategies employed by these companies in navigating their respective markets.