Who Generates Higher Gross Profit? Oracle Corporation or ServiceNow, Inc.

Oracle vs. ServiceNow: A Decade of Profit Growth

__timestampOracle CorporationServiceNow, Inc.
Wednesday, January 1, 201431039000000433787000
Thursday, January 1, 201530694000000676067000
Friday, January 1, 201629568000000991831000
Sunday, January 1, 2017302760000001433254000
Monday, January 1, 2018317710000001986158000
Tuesday, January 1, 2019315110000002663792000
Wednesday, January 1, 2020311300000003532371000
Friday, January 1, 2021326240000004543000000
Saturday, January 1, 2022335630000005672000000
Sunday, January 1, 2023363900000007050000000
Monday, January 1, 2024378180000008697000000
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Data in motion

Oracle vs. ServiceNow: A Decade of Gross Profit Growth

In the ever-evolving tech industry, Oracle Corporation and ServiceNow, Inc. have emerged as key players, each carving out a significant niche. Over the past decade, Oracle has consistently outperformed ServiceNow in terms of gross profit, with figures peaking at approximately $37.8 billion in 2024. This represents a steady growth of around 22% from 2014. In contrast, ServiceNow, a rising star in cloud computing, has shown remarkable growth, increasing its gross profit by nearly 1,900% over the same period, reaching $8.7 billion in 2024. This stark contrast highlights Oracle's established dominance and ServiceNow's rapid ascent in the tech landscape. As Oracle continues to leverage its extensive enterprise solutions, ServiceNow's innovative cloud services are capturing market share, setting the stage for an intriguing competition in the years to come.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025