ServiceNow, Inc. and CyberArk Software Ltd.: A Detailed Gross Profit Analysis

ServiceNow vs. CyberArk: A Decade of Growth in Tech

__timestampCyberArk Software Ltd.ServiceNow, Inc.
Wednesday, January 1, 201488292000433787000
Thursday, January 1, 2015138152000676067000
Friday, January 1, 2016186462000991831000
Sunday, January 1, 20172198530001433254000
Monday, January 1, 20182947380001986158000
Tuesday, January 1, 20193712800002663792000
Wednesday, January 1, 20203818600003532371000
Friday, January 1, 20214096100004543000000
Saturday, January 1, 20224656640005672000000
Sunday, January 1, 20235957570007050000000
Monday, January 1, 20247852640008697000000
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Unleashing the power of data

A Tale of Two Tech Titans: ServiceNow and CyberArk

In the ever-evolving landscape of technology, ServiceNow, Inc. and CyberArk Software Ltd. have emerged as formidable players. Since 2014, ServiceNow has consistently outpaced CyberArk in gross profit, showcasing a remarkable growth trajectory. By 2023, ServiceNow's gross profit surged to approximately 16 times its 2014 value, reflecting its robust market position and strategic expansions. In contrast, CyberArk, while experiencing steady growth, saw its gross profit increase by nearly 7 times over the same period.

The Growth Journey

ServiceNow's impressive rise can be attributed to its innovative cloud-based solutions, which have become indispensable for businesses worldwide. Meanwhile, CyberArk's focus on cybersecurity has positioned it as a key player in protecting digital assets. However, the data for 2024 is incomplete, leaving room for speculation on future trends. As these companies continue to innovate, their financial trajectories will be closely watched by investors and industry experts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025