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

Comparing Gross Profit: ServiceNow, Inc. vs. Ubiquiti Inc.

In the ever-evolving landscape of technology companies, understanding financial performance is crucial. Over the past decade, ServiceNow, Inc. has consistently outperformed Ubiquiti Inc. in terms of gross profit. From 2014 to 2024, ServiceNow's gross profit surged by over 1,900%, starting from approximately $434 million in 2014 to an impressive $8.7 billion in 2024. In contrast, Ubiquiti Inc. experienced a more modest growth of around 192%, with gross profit increasing from $253 million to $740 million over the same period.

Key Insights

• ServiceNow's Dominance: By 2024, ServiceNow's gross profit is nearly 12 times that of Ubiquiti Inc., highlighting its strong market position.
• Growth Trajectory: ServiceNow's annual growth rate averaged around 30%, while Ubiquiti's was approximately 11%.

This data underscores the dynamic nature of the tech industry and the varying growth strategies of these two companies.