SG&A Expense Trends: ServiceNow, Inc. vs Leidos Holdings, Inc.

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 Leidos Holdings, Inc. have showcased distinct trajectories in their SG&A expenditures.

Since 2014, ServiceNow has experienced a remarkable growth in SG&A expenses, increasing by over 850% by 2023. This surge reflects the company's aggressive expansion and investment in operational capabilities. In contrast, Leidos Holdings has maintained a more stable SG&A trend, with a modest increase of approximately 200% over the same period.

The data highlights ServiceNow's rapid scaling strategy, while Leidos' steady approach suggests a focus on efficiency. As we look to the future, these trends offer valuable insights into each company's strategic priorities and market positioning.