ServiceNow, Inc. or Analog Devices, Inc.: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: ServiceNow or Analog Devices?

In the competitive landscape of technology and semiconductor industries, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2024, ServiceNow, Inc. and Analog Devices, Inc. have shown distinct trends in their SG&A management. ServiceNow's SG&A expenses have surged by over 1,000%, reflecting its rapid growth and expansion strategy. In contrast, Analog Devices has maintained a more stable increase of approximately 135%, indicating a more controlled cost management approach.

By 2023, ServiceNow's SG&A expenses were nearly four times higher than those of Analog Devices, highlighting its aggressive market positioning. However, Analog Devices' steadier growth suggests a focus on efficiency and cost control. As we look to 2024, these trends offer insights into each company's strategic priorities and operational efficiencies, providing a fascinating glimpse into their financial stewardship.