Operational Costs Compared: SG&A Analysis of Palo Alto Networks, Inc. and Intel Corporation

A Decade of SG&A: Palo Alto Networks vs. Intel

In the ever-evolving tech landscape, operational efficiency is paramount. Over the past decade, Palo Alto Networks, Inc. and Intel Corporation have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Intel's SG&A expenses have seen a decline of approximately 31%, dropping from 8.1 billion to 5.6 billion. This reduction reflects Intel's strategic cost management amidst a competitive semiconductor market.

Conversely, Palo Alto Networks has experienced a staggering 633% increase in SG&A expenses, rising from 408 million in 2014 to nearly 3 billion in 2023. This surge underscores the company's aggressive expansion and investment in cybersecurity solutions. Notably, 2024 data for Intel is missing, hinting at potential shifts in their financial strategy. As these giants navigate their respective markets, their SG&A trajectories offer a glimpse into their operational priorities and future directions.