Selling, General, and Administrative Costs: ServiceNow, Inc. vs Western Digital Corporation

A Tale of Two Companies: ServiceNow, Inc. vs. Western Digital Corporation

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a critical indicator of a company's operational efficiency. Over the past decade, ServiceNow, Inc. has demonstrated a remarkable upward trajectory in its SG&A costs, growing by over 1,000% from 2014 to 2024. This surge reflects the company's aggressive expansion and investment in its workforce and infrastructure. In contrast, Western Digital Corporation has maintained a relatively stable SG&A expenditure, with a modest increase of about 9% over the same period. This stability suggests a more conservative approach to operational spending, possibly focusing on optimizing existing resources. As we delve into these financial narratives, it becomes evident that while ServiceNow is in a phase of rapid growth, Western Digital is navigating a path of steady, controlled development.