Revenue Showdown: ServiceNow, Inc. vs Monolithic Power Systems, Inc.

Revenue Growth: A Tale of Two Innovators

In the dynamic world of technology, ServiceNow, Inc. and Monolithic Power Systems, Inc. have emerged as formidable players. Over the past decade, ServiceNow has demonstrated a remarkable revenue growth trajectory, surging from approximately $683 million in 2014 to an impressive $8.97 billion by 2023. This represents a staggering increase of over 1,200%, underscoring its dominance in the cloud-based services sector.

Meanwhile, Monolithic Power Systems has also shown robust growth, with its revenue expanding from around $283 million in 2014 to $1.82 billion in 2023, marking a growth of over 540%. This growth highlights its stronghold in the semiconductor industry, driven by innovative power solutions.

While ServiceNow's 2024 revenue projection is set to cross the $10 billion mark, Monolithic Power's data for the same year remains elusive, leaving room for speculation on its future trajectory.