ServiceNow, Inc. vs Fortinet, Inc.: A Gross Profit Performance Breakdown

A Tale of Two Tech Giants: ServiceNow and Fortinet

In the ever-evolving landscape of technology, ServiceNow, Inc. and Fortinet, Inc. have emerged as formidable players. Over the past decade, these companies have demonstrated remarkable growth in gross profit, a key indicator of financial health.

ServiceNow's Meteoric Rise

ServiceNow has seen its gross profit skyrocket by over 1,900% from 2014 to 2023, reflecting its robust business model and strategic market positioning. By 2023, ServiceNow's gross profit reached an impressive $7.05 billion, showcasing its dominance in the cloud computing sector.

Fortinet's Steady Ascent

Fortinet, a leader in cybersecurity, has also shown significant growth, with its gross profit increasing by approximately 650% over the same period. By 2023, Fortinet's gross profit stood at $4.07 billion, underscoring its critical role in safeguarding digital infrastructures.

The Missing Year

While ServiceNow's data extends into 2024, Fortinet's figures for that year remain elusive, leaving room for speculation on its future trajectory.