ServiceNow, Inc. and Fiserv, Inc.: A Detailed Gross Profit Analysis

ServiceNow vs. Fiserv: A Decade of Gross Profit Growth

__timestampFiserv, Inc.ServiceNow, Inc.
Wednesday, January 1, 20142185000000433787000
Thursday, January 1, 20152345000000676067000
Friday, January 1, 20162546000000991831000
Sunday, January 1, 201726720000001433254000
Monday, January 1, 201827540000001986158000
Tuesday, January 1, 201948780000002663792000
Wednesday, January 1, 202070400000003532371000
Friday, January 1, 202180980000004543000000
Saturday, January 1, 202297450000005672000000
Sunday, January 1, 2023114230000007050000000
Monday, January 1, 2024204560000008697000000
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Data in motion

A Tale of Two Giants: ServiceNow and Fiserv's Gross Profit Journey

In the ever-evolving landscape of technology and financial services, ServiceNow, Inc. and Fiserv, Inc. have emerged as formidable players. Over the past decade, these companies have demonstrated remarkable growth in gross profit, reflecting their strategic prowess and market adaptability.

ServiceNow's Meteoric Rise

From 2014 to 2023, ServiceNow's gross profit surged by over 1,500%, showcasing its rapid expansion and increasing market demand for its cloud-based solutions. By 2023, ServiceNow's gross profit reached approximately $7.05 billion, a testament to its innovative approach and customer-centric strategies.

Fiserv's Steady Ascent

Fiserv, a leader in financial services technology, experienced a robust 423% increase in gross profit from 2014 to 2023. By 2023, Fiserv's gross profit stood at an impressive $11.42 billion, underscoring its consistent growth and resilience in a competitive market.

Both companies exemplify the dynamic nature of their respective industries, with ServiceNow's rapid growth and Fiserv's steady ascent offering valuable insights into their strategic trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025