Breaking Down SG&A Expenses: Micron Technology, Inc. vs Cognizant Technology Solutions Corporation

SG&A Expenses: Micron vs. Cognizant - A Decade of Financial Strategy

__timestampCognizant Technology Solutions CorporationMicron Technology, Inc.
Wednesday, January 1, 20142037021000707000000
Thursday, January 1, 20152508600000719000000
Friday, January 1, 20162731000000659000000
Sunday, January 1, 20172769000000743000000
Monday, January 1, 20183026000000813000000
Tuesday, January 1, 20192972000000836000000
Wednesday, January 1, 20203100000000881000000
Friday, January 1, 20213503000000894000000
Saturday, January 1, 202234430000001066000000
Sunday, January 1, 20233252000000920000000
Monday, January 1, 202432230000001129000000
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In pursuit of knowledge

A Comparative Analysis of SG&A Expenses: Micron vs. Cognizant

In the ever-evolving tech industry, understanding the financial strategies of leading companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Micron Technology, Inc. and Cognizant Technology Solutions Corporation from 2014 to 2023. Over this period, Cognizant consistently outspent Micron, with its SG&A expenses peaking at approximately $3.5 billion in 2021, a 72% increase from 2014. In contrast, Micron's expenses grew more modestly, reaching around $1.1 billion in 2024, marking a 60% rise since 2014. This disparity highlights Cognizant's aggressive investment in administrative and sales functions, possibly reflecting its service-oriented business model. Meanwhile, Micron's leaner approach aligns with its focus on manufacturing efficiency. Notably, 2024 data for Cognizant is missing, suggesting a need for further investigation into its recent financial strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025