A Decade of SG&A: Salesforce vs. CyberArk

In the ever-evolving tech landscape, understanding operational costs is crucial. Over the past decade, Salesforce, Inc. and CyberArk Software Ltd. have shown distinct trends 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 and market expansion. In contrast, CyberArk's expenses increased by around 840%, albeit from a much smaller base, highlighting its strategic investments in cybersecurity.

Key Insights

• Salesforce's Dominance: By 2023, Salesforce's SG&A expenses were nearly 32 times higher than CyberArk's, underscoring its market leadership.
• CyberArk's Growth: Despite its smaller scale, CyberArk's expenses grew significantly, indicating robust investment in its niche.

These trends offer a window into the strategic priorities of these tech giants, with Salesforce focusing on scale and CyberArk on specialized growth.