Comparing SG&A Expenses: Salesforce, Inc. vs Cisco Systems, Inc. Trends and Insights

SG&A Expenses: A Tale of Two Tech Giants

In the ever-evolving tech landscape, Salesforce, Inc. and Cisco Systems, Inc. have been pivotal players. Over the past decade, their Selling, General, and Administrative (SG&A) expenses reveal intriguing trends. From 2014 to 2023, Salesforce's SG&A expenses skyrocketed by over 480%, reflecting its aggressive growth strategy and market expansion. In contrast, Cisco's expenses remained relatively stable, with a modest increase of around 15% over the same period, highlighting its focus on operational efficiency.

By 2023, Salesforce's SG&A expenses surpassed Cisco's, marking a significant shift in the competitive dynamics between these two giants. This trend underscores Salesforce's commitment to scaling its operations and expanding its market presence. As we look to 2024, both companies continue to navigate the challenges and opportunities of the tech industry, with their SG&A expenses offering a window into their strategic priorities.