Breaking Down SG&A Expenses: Arista Networks, Inc. vs Broadridge Financial Solutions, Inc.

A Tale of Two Companies: SG&A Expenses Over Time

In the competitive landscape of technology and financial services, understanding operational efficiency is crucial. Arista Networks, Inc. and Broadridge Financial Solutions, Inc. offer a fascinating study in contrasts when it comes to Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Arista Networks saw a steady increase in SG&A expenses, growing by approximately 340%, reflecting its rapid expansion and investment in growth. In contrast, Broadridge Financial Solutions, with its more mature business model, experienced a 126% increase over the same period, indicating a more stable growth trajectory.

While Arista's expenses surged from 2014's $118 million to 2023's $518 million, Broadridge's expenses rose from $376 million to $849 million. Notably, Broadridge's 2024 data is missing, leaving room for speculation on future trends. This comparison highlights the different growth strategies and market positions of these two industry leaders.