ServiceNow, Inc. vs QUALCOMM Incorporated: SG&A Expense Trends

SG&A Expense Trends: ServiceNow vs. QUALCOMM

In the ever-evolving tech landscape, understanding financial trends is crucial. Over the past decade, ServiceNow, Inc. and QUALCOMM Incorporated have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2024, ServiceNow's SG&A expenses surged by over 990%, reflecting its rapid growth and expansion strategy. In contrast, QUALCOMM's expenses grew by approximately 20%, indicating a more stable operational approach.

A Decade of Change

ServiceNow's expenses, starting at just 19% of QUALCOMM's in 2014, have now surpassed QUALCOMM's by 74% in 2024. This shift highlights ServiceNow's aggressive market positioning and investment in scaling operations. Meanwhile, QUALCOMM's consistent expense management underscores its focus on maintaining operational efficiency.

Key Takeaways

These trends offer insights into each company's strategic priorities and market dynamics, providing valuable context for investors and industry analysts alike.