| __timestamp | ANSYS, Inc. | Cadence Design Systems, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 246376000 | 513307000 |
| Thursday, January 1, 2015 | 253603000 | 512414000 |
| Friday, January 1, 2016 | 269515000 | 520300000 |
| Sunday, January 1, 2017 | 338640000 | 553342000 |
| Monday, January 1, 2018 | 413580000 | 573075000 |
| Tuesday, January 1, 2019 | 521200000 | 621479000 |
| Wednesday, January 1, 2020 | 587707000 | 670885000 |
| Friday, January 1, 2021 | 715377000 | 749280000 |
| Saturday, January 1, 2022 | 772871000 | 846340000 |
| Sunday, January 1, 2023 | 855135000 | 920649000 |
| Monday, January 1, 2024 | 995340000 | 1039766000 |
Unleashing insights
In the competitive landscape of software design, understanding the financial strategies of industry leaders is crucial. Over the past decade, from 2014 to 2023, Cadence Design Systems, Inc. and ANSYS, Inc. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses. Cadence consistently outpaced ANSYS, with SG&A costs growing by approximately 80% over this period, compared to ANSYS's 250% increase. This suggests a more aggressive expansion strategy by ANSYS, particularly noticeable in the last five years. By 2023, Cadence's SG&A expenses reached nearly $920 million, while ANSYS's expenses were around $855 million. These figures highlight the companies' commitment to scaling operations and enhancing market presence. As the tech industry evolves, monitoring these financial metrics provides valuable insights into corporate strategies and market dynamics.
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