ServiceNow, Inc. and Check Point Software Technologies Ltd.: SG&A Spending Patterns Compared

Tech Giants' SG&A Spending: Growth vs. Stability

__timestampCheck Point Software Technologies Ltd.ServiceNow, Inc.
Wednesday, January 1, 2014384921000437364000
Thursday, January 1, 2015451785000625043000
Friday, January 1, 2016508656000859400000
Sunday, January 1, 20175253920001157150000
Monday, January 1, 20185897990001499083000
Tuesday, January 1, 20196584000001873300000
Wednesday, January 1, 20206814000002309181000
Friday, January 1, 20217085000002889000000
Saturday, January 1, 20227913000003549000000
Sunday, January 1, 20238641000004164000000
Monday, January 1, 20244790000000
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Data in motion

SG&A Spending Patterns: A Tale of Two Tech Giants

In the ever-evolving landscape of technology, ServiceNow, Inc. and Check Point Software Technologies Ltd. have carved distinct paths in their SG&A (Selling, General, and Administrative) spending. Since 2014, ServiceNow has demonstrated a remarkable growth trajectory, with its SG&A expenses surging by over 900% by 2023. This reflects its aggressive expansion strategy and commitment to scaling operations. In contrast, Check Point Software Technologies has maintained a more conservative approach, with a steady increase of approximately 124% over the same period.

This divergence highlights the contrasting business models and market strategies of these two industry leaders. While ServiceNow focuses on rapid growth and market penetration, Check Point emphasizes stability and efficiency. As we look to the future, these spending patterns may offer insights into the companies' strategic priorities and their potential impact on the tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025