Cisco Systems, Inc. or ServiceNow, Inc.: Who Leads in Yearly Revenue?

Cisco vs. ServiceNow: Revenue Battle Unveiled

__timestampCisco Systems, Inc.ServiceNow, Inc.
Wednesday, January 1, 201447142000000682563000
Thursday, January 1, 2015491610000001005480000
Friday, January 1, 2016492470000001390513000
Sunday, January 1, 2017480050000001933026000
Monday, January 1, 2018493300000002608816000
Tuesday, January 1, 2019519040000003460437000
Wednesday, January 1, 2020493010000004519484000
Friday, January 1, 2021498180000005896000000
Saturday, January 1, 2022515570000007245000000
Sunday, January 1, 2023569980000008971000000
Monday, January 1, 20245380300000010984000000
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Igniting the spark of knowledge

Cisco vs. ServiceNow: A Revenue Showdown

In the ever-evolving tech landscape, Cisco Systems, Inc. and ServiceNow, Inc. have emerged as key players. Over the past decade, Cisco has consistently led in annual revenue, with figures peaking at approximately $57 billion in 2023. However, ServiceNow has shown remarkable growth, increasing its revenue by over 1,500% from 2014 to 2024.

A Decade of Growth

From 2014 to 2024, Cisco's revenue grew by about 14%, while ServiceNow's revenue surged, reflecting its rapid expansion in the cloud computing sector. By 2024, ServiceNow's revenue reached nearly $11 billion, showcasing its potential to challenge established giants.

The Future of Tech Giants

As we look to the future, the question remains: Can ServiceNow maintain its growth trajectory and close the gap with Cisco? The next few years will be crucial in determining the dynamics of this rivalry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025