ServiceNow, Inc. and Seagate Technology Holdings plc: SG&A Spending Patterns Compared

SG&A Spending Patterns: ServiceNow vs. Seagate Technology

In the ever-evolving tech industry, understanding spending patterns can offer valuable insights into a company's strategic priorities. Over the past decade, ServiceNow, Inc. and Seagate Technology Holdings plc have demonstrated contrasting approaches to their Selling, General, and Administrative (SG&A) expenses.

From 2014 to 2024, ServiceNow's SG&A expenses have surged by over 990%, reflecting its aggressive growth strategy and investment in scaling operations. In contrast, Seagate's SG&A expenses have decreased by approximately 36%, indicating a more conservative approach, possibly focusing on cost efficiency and operational optimization.

This divergence highlights the different paths these companies have taken in response to market demands and technological advancements. As ServiceNow continues to expand its cloud-based solutions, Seagate remains focused on its core competencies in data storage. These spending patterns not only reveal their current strategies but also hint at their future trajectories in the tech landscape.