Who Generates Higher Gross Profit? ServiceNow, Inc. or Trimble Inc.

A Tale of Two Giants: ServiceNow vs. Trimble

In the ever-evolving landscape of technology and innovation, ServiceNow, Inc. and Trimble Inc. have emerged as formidable players. Over the past decade, ServiceNow has demonstrated a remarkable growth trajectory, with its gross profit surging from approximately $434 million in 2014 to an impressive $8.7 billion in 2024. This represents a staggering increase of nearly 1,900%, underscoring its dominance in the cloud-based services sector.

Conversely, Trimble Inc., a leader in geospatial and construction technology, has shown steady growth, with its gross profit rising from around $1.29 billion in 2014 to $2.23 billion in 2023. While Trimble's growth rate is more modest, it reflects a consistent upward trend, highlighting its resilience and adaptability in a competitive market.

As we look to the future, the data suggests that ServiceNow's aggressive expansion strategy continues to pay off, while Trimble's steady approach ensures its place as a reliable industry stalwart.