Key Insights on Gross Profit: ServiceNow, Inc. vs Check Point Software Technologies Ltd.

A Decade of Growth: ServiceNow vs. Check Point Software

In the ever-evolving tech landscape, ServiceNow, Inc. and Check Point Software Technologies Ltd. have showcased remarkable growth trajectories over the past decade. From 2014 to 2023, ServiceNow's gross profit surged by an impressive 1,525%, reflecting its robust expansion and market penetration. In contrast, Check Point Software demonstrated steady growth, with a 62% increase in gross profit during the same period.

ServiceNow's Meteoric Rise

ServiceNow's gross profit leap from approximately $434 million in 2014 to a staggering $7.05 billion in 2023 underscores its strategic advancements and increasing demand for its cloud-based solutions. This growth trajectory highlights ServiceNow's ability to capitalize on digital transformation trends.

Check Point's Consistent Performance

Meanwhile, Check Point Software's gross profit rose from $1.32 billion in 2014 to $2.13 billion in 2023, showcasing its resilience and consistent performance in the cybersecurity domain. Despite missing data for 2024, these insights provide a compelling narrative of two tech giants navigating their respective markets.