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

Optimizing SG&A Costs: A Tale of Two Tech Giants

In the competitive world of technology, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. ServiceNow, Inc. and Synopsys, Inc., two industry leaders, have shown contrasting trends in their SG&A cost management from 2014 to 2024.

ServiceNow's SG&A expenses have surged by over 1,000% during this period, reflecting its aggressive growth strategy. In contrast, Synopsys has maintained a more stable trajectory, with a modest increase of around 135%. This divergence highlights ServiceNow's rapid expansion and investment in scaling operations, while Synopsys focuses on steady, controlled growth.

By 2024, ServiceNow's SG&A expenses are projected to be more than three times those of Synopsys, indicating a significant difference in operational strategies. This data provides valuable insights into how these companies prioritize growth and efficiency, offering a glimpse into their future trajectories.