Salesforce, Inc. vs Block, Inc.: SG&A Expense Trends

Salesforce vs Block: SG&A Expense Evolution

__timestampBlock, Inc.Salesforce, Inc.
Wednesday, January 1, 20142067970002764851000
Thursday, January 1, 20152890840003437032000
Friday, January 1, 20164258690003951445000
Sunday, January 1, 20175037230004777000000
Monday, January 1, 20187503960005760000000
Tuesday, January 1, 201910610820007410000000
Wednesday, January 1, 202016888730009634000000
Friday, January 1, 2021260051500011761000000
Saturday, January 1, 2022374480000014453000000
Sunday, January 1, 2023422819900016079000000
Monday, January 1, 202415411000000
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Unleashing insights

SG&A Expense Trends: Salesforce, Inc. vs Block, Inc.

In the dynamic world of technology, understanding financial trends is crucial. Over the past decade, Salesforce, Inc. and Block, Inc. have shown significant shifts in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Salesforce's SG&A expenses surged by approximately 480%, reflecting its aggressive growth strategy. In contrast, Block, Inc. experienced a remarkable 1,945% increase, highlighting its rapid expansion and market penetration.

Key Insights

  • Salesforce, Inc.: By 2023, Salesforce's SG&A expenses reached 16 billion, a testament to its sustained investment in sales and marketing.
  • Block, Inc.: Despite starting with lower expenses, Block's SG&A expenses grew to over 4 billion by 2023, showcasing its strategic scaling efforts.

These trends underscore the companies' commitment to growth, albeit with different trajectories and strategies. Missing data for 2024 suggests ongoing developments worth monitoring.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025