A Tale of Two Giants: ServiceNow vs. Leidos Holdings

In the ever-evolving landscape of technology and defense, ServiceNow, Inc. and Leidos Holdings, Inc. have emerged as formidable players. Over the past decade, ServiceNow has consistently outpaced Leidos in gross profit growth. From 2014 to 2023, ServiceNow's gross profit surged by over 1,500%, reaching a staggering $7.05 billion in 2023. In contrast, Leidos Holdings saw a more modest growth of approximately 235%, culminating in a gross profit of $2.24 billion in the same year.

ServiceNow's impressive trajectory can be attributed to its innovative cloud-based solutions, which have become indispensable for businesses worldwide. Meanwhile, Leidos, with its stronghold in defense and engineering, continues to demonstrate steady growth. As we look to the future, the missing data for 2024 leaves us eagerly anticipating whether ServiceNow will maintain its lead or if Leidos will close the gap.