Palo Alto Networks, Inc. or CyberArk Software Ltd.: Who Manages SG&A Costs Better?

Cybersecurity Giants' SG&A Strategies: A Comparative Analysis

__timestampCyberArk Software Ltd.Palo Alto Networks, Inc.
Wednesday, January 1, 201453438000407912000
Thursday, January 1, 201583196000624261000
Friday, January 1, 2016115892000914400000
Sunday, January 1, 20171571380001117400000
Monday, January 1, 20181903340001356200000
Tuesday, January 1, 20192364760001605800000
Wednesday, January 1, 20202804280001819800000
Friday, January 1, 20213458260002144900000
Saturday, January 1, 20224277930002553900000
Sunday, January 1, 20235007840002991700000
Monday, January 1, 20245932100003475000000
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Unleashing insights

SG&A Cost Management: A Tale of Two Cybersecurity Giants

In the competitive world of cybersecurity, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Palo Alto Networks, Inc. and CyberArk Software Ltd. have been at the forefront of this battle since 2014. Over the years, Palo Alto Networks has consistently reported higher SG&A expenses, peaking at approximately $3.5 billion in 2024, a staggering 750% increase from 2014. In contrast, CyberArk's SG&A expenses grew by about 837% over the same period, reaching around $500 million in 2023. Despite the higher absolute numbers for Palo Alto, CyberArk's proportional growth indicates a more aggressive expansion strategy. However, the absence of 2024 data for CyberArk leaves room for speculation on its future trajectory. This analysis provides a fascinating glimpse into how these industry leaders allocate resources to maintain their competitive edge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025