Selling, General, and Administrative Costs: Applied Materials, Inc. vs Pure Storage, Inc.

A Comparative Analysis of SG&A Expenses: Applied Materials vs. Pure Storage

In the ever-evolving landscape of technology, understanding the financial strategies of industry leaders is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent companies: Applied Materials, Inc. and Pure Storage, Inc., from 2014 to 2024.

Key Insights

Over the past decade, Applied Materials has consistently outpaced Pure Storage in SG&A spending, reflecting its expansive operational scale. In 2014, Applied Materials' SG&A expenses were approximately 14 times higher than Pure Storage's. By 2024, this gap narrowed, with Applied Materials spending about 50% more than Pure Storage.

Trends and Implications

The data reveals a steady increase in SG&A expenses for both companies, with Applied Materials showing a 100% growth from 2014 to 2024. Pure Storage, on the other hand, exhibited a remarkable 1,870% increase, highlighting its aggressive growth strategy. These trends underscore the dynamic nature of the tech industry, where strategic investments in administration and sales are pivotal for sustained growth.