ServiceNow, Inc. and ASE Technology Holding Co., Ltd.: SG&A Spending Patterns Compared

Comparing SG&A trends of ServiceNow and ASE Technology

__timestampASE Technology Holding Co., Ltd.ServiceNow, Inc.
Wednesday, January 1, 201413673000000437364000
Thursday, January 1, 201514295000000625043000
Friday, January 1, 201615099000000859400000
Sunday, January 1, 2017157670000001157150000
Monday, January 1, 2018195520000001499083000
Tuesday, January 1, 2019223890000001873300000
Wednesday, January 1, 2020238060000002309181000
Friday, January 1, 2021271910000002889000000
Saturday, January 1, 2022303840000003549000000
Sunday, January 1, 2023259300170004164000000
Monday, January 1, 2024273535130004790000000
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Infusing magic into the data realm

SG&A Spending Patterns: A Tale of Two Companies

In the dynamic world of technology and manufacturing, ServiceNow, Inc. and ASE Technology Holding Co., Ltd. present a fascinating study in contrasts. Over the past decade, ServiceNow has seen its Selling, General, and Administrative (SG&A) expenses grow by nearly 1,000%, reflecting its rapid expansion and increasing market presence. In 2014, ServiceNow's SG&A expenses were a modest 44 million, but by 2023, they had surged to 416 million.

Meanwhile, ASE Technology, a leader in semiconductor manufacturing, has maintained a more stable SG&A spending pattern, with a 90% increase from 2014 to 2023. This stability underscores ASE's established market position and operational efficiency. However, 2023 saw a slight dip in ASE's SG&A expenses, hinting at potential strategic shifts or market challenges.

These spending patterns offer a window into the strategic priorities and market dynamics of these two industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025