Cost of Revenue Trends: ServiceNow, Inc. vs Check Point Software Technologies Ltd.

ServiceNow vs. Check Point: Cost of Revenue Battle

__timestampCheck Point Software Technologies Ltd.ServiceNow, Inc.
Wednesday, January 1, 2014176541000248776000
Thursday, January 1, 2015189057000329413000
Friday, January 1, 2016202003000398682000
Sunday, January 1, 2017212963000499772000
Monday, January 1, 2018201379000622658000
Tuesday, January 1, 2019215400000796645000
Wednesday, January 1, 2020226500000987113000
Friday, January 1, 20212581000001353000000
Saturday, January 1, 20223044000001573000000
Sunday, January 1, 20232826000001921000000
Monday, January 1, 20242287000000
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Unveiling the hidden dimensions of data

Cost of Revenue: A Tale of Two Tech Giants

In the ever-evolving tech landscape, ServiceNow, Inc. and Check Point Software Technologies Ltd. have carved distinct paths. From 2014 to 2023, ServiceNow's cost of revenue surged by an impressive 672%, reflecting its rapid growth and expansion. In contrast, Check Point's cost of revenue increased by a modest 60%, showcasing its steady, albeit slower, growth.

ServiceNow's Meteoric Rise

ServiceNow's cost of revenue grew from approximately $249 million in 2014 to nearly $1.92 billion in 2023. This growth underscores its aggressive market expansion and increasing operational scale.

Check Point's Steady Climb

Check Point, a stalwart in cybersecurity, saw its cost of revenue rise from around $177 million in 2014 to $283 million in 2023. This steady increase highlights its consistent market presence.

The data for 2024 is incomplete, leaving room for speculation on future trends.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025