Operational Costs Compared: SG&A Analysis of Microsoft Corporation and Fortinet, Inc.

A Decade of SG&A: Microsoft vs. Fortinet

In the ever-evolving tech landscape, operational efficiency is key. Over the past decade, Microsoft Corporation and Fortinet, Inc. have showcased contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Fortinet's SG&A expenses surged by over 520%, reflecting its aggressive growth strategy. In contrast, Microsoft's expenses grew by approximately 48%, indicating a more stable expansion.

Key Insights

• Microsoft's Steady Climb: Starting at around $20 billion in 2014, Microsoft's SG&A expenses reached over $30 billion by 2023, highlighting its consistent market dominance.
• Fortinet's Rapid Growth: Fortinet's expenses rose from $357 million in 2014 to over $2.2 billion in 2023, underscoring its rapid scaling efforts.

While Microsoft's expenses for 2024 are projected, Fortinet's data remains unavailable, leaving room for speculation on its future trajectory. This analysis offers a glimpse into the strategic priorities of these tech giants.