Micron Technology, Inc. vs Workday, Inc.: SG&A Expense Trends

SG&A Expense Trends: Micron Technology vs. Workday

In the ever-evolving tech industry, understanding financial trends is crucial. This analysis of Selling, General, and Administrative (SG&A) expenses from 2014 to 2024 reveals intriguing insights into the financial strategies of Micron Technology, Inc. and Workday, Inc. Over the past decade, Workday's SG&A expenses have surged by over 980%, reflecting its aggressive growth strategy and expansion efforts. In contrast, Micron Technology's expenses have increased by approximately 60%, indicating a more conservative approach.

Key Insights

• 2014-2018: Both companies showed steady growth, with Workday's expenses growing at a faster pace.
• 2019-2023: Workday's expenses nearly doubled, while Micron's increased by about 10%.
• 2024 Outlook: Workday's expenses are projected to reach nearly three times that of Micron, highlighting its continued investment in growth.

These trends underscore the differing strategic priorities of these tech giants.