Salesforce, Inc. and Telefonaktiebolaget LM Ericsson (publ): SG&A Spending Patterns Compared

A Tale of Two Giants: Salesforce and Ericsson's SG&A Spending Trends

In the ever-evolving landscape of global business, understanding the spending patterns of industry leaders like Salesforce, Inc. and Telefonaktiebolaget LM Ericsson (publ) offers valuable insights. Over the past decade, Salesforce has seen a remarkable increase in its Selling, General, and Administrative (SG&A) expenses, growing by approximately 480% from 2014 to 2023. This surge reflects Salesforce's aggressive expansion and investment in its operations.

Conversely, Ericsson's SG&A expenses have remained relatively stable, with a modest increase of around 39% over the same period. This stability suggests a more conservative approach to operational spending, possibly focusing on efficiency and cost management.

Interestingly, while Salesforce's SG&A expenses peaked in 2023, Ericsson's data for 2024 is missing, leaving room for speculation on future trends. These spending patterns highlight the contrasting strategies of these tech titans in navigating the competitive global market.