Breaking Down Revenue Trends: ServiceNow, Inc. vs Manhattan Associates, Inc.

Revenue Growth: ServiceNow, Inc. vs Manhattan Associates, Inc.

In the ever-evolving landscape of enterprise software, ServiceNow, Inc. and Manhattan Associates, Inc. have emerged as key players. Over the past decade, ServiceNow has demonstrated a remarkable revenue growth trajectory, increasing its annual revenue by over 1,500% from 2014 to 2024. This growth underscores its expanding influence in the IT service management sector. In contrast, Manhattan Associates, a leader in supply chain solutions, has seen a steady revenue increase of approximately 112% during the same period.

Key Insights

• ServiceNow's Surge: By 2023, ServiceNow's revenue reached nearly $9 billion, reflecting its robust market penetration and innovation.
• Manhattan's Steadiness: Despite a slower growth rate, Manhattan's revenue crossed the $1 billion mark in 2024, highlighting its consistent performance.

These trends illustrate the dynamic nature of the software industry, where innovation and strategic positioning drive success.