Who Optimizes SG&A Costs Better? ServiceNow, Inc. or Autodesk, Inc.

ServiceNow vs. Autodesk: SG&A Cost Strategies Unveiled

__timestampAutodesk, Inc.ServiceNow, Inc.
Wednesday, January 1, 20141090900000437364000
Thursday, January 1, 20151281300000625043000
Friday, January 1, 20161308900000859400000
Sunday, January 1, 201713103000001157150000
Monday, January 1, 201813925000001499083000
Tuesday, January 1, 201915240000001873300000
Wednesday, January 1, 202017159000002309181000
Friday, January 1, 202118542000002889000000
Saturday, January 1, 202221948000003549000000
Sunday, January 1, 202322770000004164000000
Monday, January 1, 202424430000004790000000
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Cracking the code

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive world of software, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, ServiceNow, Inc. and Autodesk, Inc. have shown distinct strategies in handling these costs. From 2014 to 2024, ServiceNow's SG&A expenses surged by over 990%, reflecting its aggressive growth strategy. In contrast, Autodesk's expenses increased by approximately 124%, indicating a more measured approach.

A Decade of Change

In 2014, Autodesk's SG&A expenses were more than double those of ServiceNow. However, by 2024, ServiceNow's expenses had surpassed Autodesk's by nearly 96%. This shift highlights ServiceNow's rapid expansion and market penetration. As these companies continue to evolve, their ability to optimize SG&A costs will be pivotal in maintaining competitive advantage and shareholder value.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025