Comparing SG&A Expenses: Analog Devices, Inc. vs CyberArk Software Ltd. Trends and Insights

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

In the ever-evolving landscape of technology, understanding financial trends is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent companies: Analog Devices, Inc. and CyberArk Software Ltd., from 2014 to 2023.

Analog Devices, Inc. has seen a steady increase in SG&A expenses, peaking in 2023 with a 180% rise from 2014. This growth reflects their expanding operations and market reach. In contrast, CyberArk Software Ltd. experienced a more dramatic increase, with expenses surging by over 800% during the same period, highlighting their aggressive growth strategy in cybersecurity.

Interestingly, 2024 data for CyberArk is missing, suggesting a potential shift or anomaly. These insights provide a window into the strategic priorities of these companies, offering valuable lessons for investors and industry watchers alike.