Comparing SG&A Expenses: Applied Materials, Inc. vs Fortinet, Inc. Trends and Insights

Tech Giants' SG&A Expenses: A Decade of Growth

__timestampApplied Materials, Inc.Fortinet, Inc.
Wednesday, January 1, 2014890000000357151000
Thursday, January 1, 2015897000000541885000
Friday, January 1, 2016819000000707581000
Sunday, January 1, 2017890000000788888000
Monday, January 1, 20181002000000875300000
Tuesday, January 1, 20199820000001029000000
Wednesday, January 1, 202010930000001191400000
Friday, January 1, 202112290000001489200000
Saturday, January 1, 202214380000001855100000
Sunday, January 1, 202316280000002217300000
Monday, January 1, 202417970000002282600000
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Igniting the spark of knowledge

SG&A Expenses: A Tale of Two Tech Giants

In the ever-evolving tech landscape, understanding financial trends is crucial. This chart compares the Selling, General, and Administrative (SG&A) expenses of two industry leaders: Applied Materials, Inc. and Fortinet, Inc., from 2014 to 2023.

Key Insights

Over the past decade, Fortinet's SG&A expenses have surged by over 500%, reflecting its aggressive growth strategy. In contrast, Applied Materials has seen a more modest increase of around 100%, indicating a steady expansion approach. Notably, Fortinet's expenses surpassed Applied Materials in 2019, highlighting its rapid market penetration.

Missing Data

While 2024 data for Fortinet is unavailable, the trend suggests continued growth. This analysis offers a glimpse into the strategic financial maneuvers of these tech titans, providing valuable insights for investors and industry watchers alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025