Breaking Down SG&A Expenses: Shopify Inc. vs Synopsys, Inc.

A Tale of Two Tech Giants: Shopify Inc. vs Synopsys, Inc.

In the ever-evolving landscape of technology, understanding the financial health of companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two tech titans: Shopify Inc. and Synopsys, Inc., from 2014 to 2023.

Shopify's Meteoric Rise

Shopify's SG&A expenses have skyrocketed, growing by an astounding 2,900% from 2014 to 2023. This reflects its aggressive expansion strategy and investment in scaling operations. Notably, 2021 marked a significant leap, with expenses increasing by 50% compared to the previous year.

Synopsys' Steady Climb

In contrast, Synopsys has shown a more consistent growth pattern, with a 110% increase over the same period. This steady rise underscores its focus on sustainable growth and operational efficiency.

The Missing Year

Interestingly, Shopify's data for 2024 is missing, leaving room for speculation on its future trajectory. Meanwhile, Synopsys continues its upward trend, projecting a 10% increase in 2024.