Operational Costs Compared: SG&A Analysis of Applied Materials, Inc. and PTC Inc.

A Decade of SG&A: Applied Materials vs. PTC Inc.

In the ever-evolving landscape of technology, operational efficiency is paramount. Over the past decade, Applied Materials, Inc. and PTC Inc. have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2024, Applied Materials has seen a steady increase in SG&A costs, peaking at nearly double their 2014 levels by 2024. This reflects a strategic expansion and investment in operational capabilities. In contrast, PTC Inc. has maintained a more conservative growth, with expenses rising by approximately 58% over the same period. This divergence highlights differing corporate strategies: while Applied Materials aggressively scales, PTC Inc. opts for a more measured approach. As we look to the future, these trends offer insights into how each company might navigate the challenges and opportunities of the tech industry.