ServiceNow, Inc. or Keysight Technologies, Inc.: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: ServiceNow or Keysight Technologies?

In the competitive landscape of technology companies, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, ServiceNow, Inc. and Keysight Technologies, Inc. have shown distinct trends in their SG&A expenditures. From 2014 to 2024, ServiceNow's SG&A costs have surged by over 900%, reflecting its rapid growth and expansion strategy. In contrast, Keysight Technologies has maintained a more stable increase of approximately 77% in the same period, indicating a more controlled approach to managing these expenses.

While ServiceNow's aggressive spending aligns with its ambitious growth trajectory, Keysight's steady management of SG&A costs suggests a focus on efficiency and cost control. As investors and analysts evaluate these companies, understanding their SG&A strategies provides valuable insights into their operational priorities and financial health.