ServiceNow, Inc. vs Amphenol Corporation: SG&A Expense Trends

SG&A Expense Trends: ServiceNow, Inc. vs Amphenol Corporation

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial for investors and analysts alike. Over the past decade, ServiceNow, Inc. and Amphenol Corporation have demonstrated distinct trajectories in their SG&A expenditures.

From 2014 to 2024, ServiceNow's SG&A expenses surged by over 900%, reflecting its aggressive growth strategy and expansion efforts. In contrast, Amphenol Corporation's expenses grew by approximately 188%, indicating a more stable and controlled growth pattern. By 2024, ServiceNow's SG&A expenses reached nearly three times that of Amphenol's, highlighting its rapid scaling and market penetration.

This comparison not only underscores the differing business models and growth strategies of these two industry giants but also provides valuable insights into their operational efficiencies and market positioning.