Operational Costs Compared: SG&A Analysis of Micron Technology, Inc. and Splunk Inc.

SG&A Expenses: A Comparative Analysis of Micron Technology and Splunk Inc.

In the ever-evolving tech industry, operational efficiency is key to maintaining a competitive edge. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two tech giants: Micron Technology, Inc. and Splunk Inc., from 2014 to 2024. Over this decade, Splunk Inc. has consistently outpaced Micron in SG&A spending, with a notable increase of over 670% from 2014 to 2023. In contrast, Micron's SG&A expenses grew by approximately 60% during the same period. The year 2022 marked a peak for both companies, with Splunk's expenses reaching over 2 billion, while Micron's expenses surpassed 1 billion. This trend highlights Splunk's aggressive investment in operational activities, potentially reflecting its strategic focus on expansion and innovation. As we look to 2024, both companies continue to allocate significant resources to SG&A, underscoring the importance of operational costs in their growth strategies.