SG&A Efficiency Analysis: Comparing ServiceNow, Inc. and Motorola Solutions, Inc.

SG&A Efficiency: A Tale of Two Giants

In the ever-evolving landscape of technology and communications, ServiceNow, Inc. and Motorola Solutions, Inc. stand as titans, each with a unique approach to managing Selling, General, and Administrative (SG&A) expenses. Over the past decade, ServiceNow has demonstrated a remarkable growth trajectory, with SG&A expenses increasing nearly tenfold from 2014 to 2023. This reflects their aggressive expansion and investment in scaling operations. In contrast, Motorola Solutions has maintained a more stable SG&A expenditure, with a modest 32% increase over the same period, highlighting their focus on operational efficiency and steady growth.

The data reveals a fascinating divergence in strategy: ServiceNow's rapid growth is mirrored by a significant rise in SG&A costs, while Motorola's consistent approach underscores their commitment to efficiency. As we look to the future, these trends offer valuable insights into the strategic priorities of these industry leaders.