Taiwan Semiconductor Manufacturing Company Limited vs ServiceNow, Inc.: SG&A Expense Trends

TSMC vs. ServiceNow: SG&A Expense Evolution

__timestampServiceNow, Inc.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 201443736400024020800000
Thursday, January 1, 201562504300022921900000
Friday, January 1, 201685940000025696400000
Sunday, January 1, 2017115715000027169200000
Monday, January 1, 2018149908300026253700000
Tuesday, January 1, 2019187330000028085800000
Wednesday, January 1, 2020230918100035570400000
Friday, January 1, 2021288900000044488200000
Saturday, January 1, 2022354900000063445300000
Sunday, January 1, 2023416400000071464000000
Monday, January 1, 2024479000000096889000000
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Cracking the code

SG&A Expense Trends: A Tale of Two Giants

In the ever-evolving landscape of global technology, the Selling, General, and Administrative (SG&A) expenses of companies offer a window into their strategic priorities. Over the past decade, Taiwan Semiconductor Manufacturing Company Limited (TSMC) and ServiceNow, Inc. have showcased contrasting trajectories in their SG&A expenditures.

From 2014 to 2024, TSMC's SG&A expenses have surged by approximately 300%, reflecting its aggressive expansion and innovation strategies. In contrast, ServiceNow, Inc. has seen a more modest increase of around 100% in the same period, indicative of its steady growth in the software industry.

By 2024, TSMC's SG&A expenses are projected to reach nearly 10 times that of ServiceNow, highlighting the scale and scope of its operations. This divergence underscores the distinct paths these companies are taking in their quest for global dominance.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025