SG&A Expenses: A Tale of Two Companies

In the dynamic world of technology, understanding financial trends is crucial. This chart offers a fascinating glimpse into the Selling, General, and Administrative (SG&A) expenses of Shopify Inc. and Super Micro Computer, Inc. over the past decade. From 2014 to 2023, Shopify's SG&A expenses skyrocketed by over 2,800%, peaking in 2022. This reflects Shopify's aggressive growth strategy and expansion efforts. In contrast, Super Micro Computer, Inc. maintained a more stable trajectory, with expenses increasing by approximately 250% over the same period. Notably, 2024 data for Shopify is missing, hinting at potential shifts in their financial strategy. This comparison highlights the contrasting business models: Shopify's rapid scaling versus Super Micro's steady growth. As investors and analysts, these insights are invaluable for making informed decisions in the ever-evolving tech landscape.