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

ServiceNow vs. Gartner: SG&A Cost Strategies Unveiled

__timestampGartner, Inc.ServiceNow, Inc.
Wednesday, January 1, 2014876067000437364000
Thursday, January 1, 2015962677000625043000
Friday, January 1, 20161089184000859400000
Sunday, January 1, 201715990040001157150000
Monday, January 1, 201818841410001499083000
Tuesday, January 1, 201921034240001873300000
Wednesday, January 1, 202020390870002309181000
Friday, January 1, 202121557240002889000000
Saturday, January 1, 202224808460003549000000
Sunday, January 1, 202327015420004164000000
Monday, January 1, 202428848140004790000000
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Cracking the code

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive landscape of enterprise software, ServiceNow, Inc. and Gartner, Inc. have been pivotal players. Over the past decade, these companies have demonstrated distinct strategies in managing their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, ServiceNow's SG&A expenses surged by approximately 850%, reflecting its aggressive growth strategy. In contrast, Gartner's expenses increased by about 210%, indicating a more measured approach.

ServiceNow's rapid expansion is evident, with its SG&A costs peaking at $4.16 billion in 2023, compared to Gartner's $2.70 billion. This disparity highlights ServiceNow's focus on scaling operations and market penetration. However, the data for 2024 shows a missing value for Gartner, suggesting a potential shift or anomaly in their financial reporting.

As these industry leaders continue to evolve, their strategies in optimizing SG&A costs will remain a critical factor in their financial health and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025