Operational Costs Compared: SG&A Analysis of Lam Research Corporation and CyberArk Software Ltd.

A Comparative Analysis of SG&A Expenses: Lam Research vs. CyberArk

In the ever-evolving landscape of technology, operational efficiency is paramount. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: Lam Research Corporation and CyberArk Software Ltd., from 2014 to 2023. Over this decade, Lam Research consistently outpaced CyberArk in SG&A spending, with figures peaking at approximately $886 million in 2022, reflecting a robust growth trajectory. In contrast, CyberArk's SG&A expenses grew steadily, reaching around $501 million in 2023, marking a significant increase of over 800% from 2014. This disparity highlights Lam Research's expansive operational scale compared to CyberArk's more conservative growth. Notably, 2024 data for CyberArk is missing, suggesting a potential shift or anomaly in reporting. As these companies navigate the complexities of the tech world, their SG&A trends offer valuable insights into their strategic priorities and market positioning.