Key Insights on Gross Profit: ServiceNow, Inc. vs Guidewire Software, Inc.

ServiceNow's explosive growth vs. Guidewire's steady rise.

__timestamp	Guidewire Software, Inc.	ServiceNow, Inc.
Wednesday, January 1, 2014	201299000	433787000
Thursday, January 1, 2015	233353000	676067000
Friday, January 1, 2016	272612000	991831000
Sunday, January 1, 2017	322725000	1433254000
Monday, January 1, 2018	364360000	1986158000
Tuesday, January 1, 2019	395164000	2663792000
Wednesday, January 1, 2020	404292000	3532371000
Friday, January 1, 2021	368213000	4543000000
Saturday, January 1, 2022	352220000	5672000000
Sunday, January 1, 2023	458211000	7050000000
Monday, January 1, 2024	583361000	8697000000

Igniting the spark of knowledge

A Tale of Two Tech Giants: ServiceNow vs. Guidewire Software

In the ever-evolving landscape of enterprise software, ServiceNow, Inc. and Guidewire Software, Inc. have emerged as key players. Over the past decade, ServiceNow has demonstrated a remarkable growth trajectory, with its gross profit surging by over 1,900% from 2014 to 2024. This growth reflects its strategic expansion and increasing market demand for its cloud-based solutions. In contrast, Guidewire Software has experienced a more modest growth of approximately 190% during the same period, indicating steady progress in its niche market of insurance software solutions.

By 2024, ServiceNow's gross profit is projected to be nearly 15 times that of Guidewire, highlighting its dominant position in the industry. This comparison not only underscores the diverse growth strategies of these companies but also offers valuable insights into the broader trends shaping the tech sector.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025