Operational Costs Compared: SG&A Analysis of SAP SE and Seagate Technology Holdings plc

A Decade of SG&A: SAP SE vs. Seagate Technology Holdings plc

In the ever-evolving landscape of global business, operational efficiency is paramount. Over the past decade, SAP SE and Seagate Technology Holdings plc have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. SAP SE, a titan in enterprise software, has seen its SG&A expenses grow by approximately 88% from 2014 to 2023, peaking in 2022. This reflects its strategic investments in global expansion and innovation. In contrast, Seagate Technology, a leader in data storage solutions, has maintained a more stable SG&A trajectory, with a modest 36% decrease over the same period. This stability underscores Seagate's focus on operational efficiency amidst a competitive tech landscape. Notably, 2024 data for SAP SE is missing, hinting at potential shifts in strategy. As businesses navigate the complexities of the digital age, these insights offer a window into the strategic priorities of industry leaders.